45 2nd Avenue, Rensselaer, NY 12144

• 6 beds |
• 2 baths |
• 2,004 sqft

Property Description

Fantastic income-producing ($3200/mth) two-family home located on a quiet dead-end street in Rensselaer. Just a short 5-10 minute drive to major highways, Downtown Albany, and Regeneron Pharmaceuticals, this property offers both convenience and profit. Each unit is currently rented at $1,600 per month, and taxes are super low, generating excellent cash flow and a strong Net Operating Income and Return on Investment. The home has been thoughtfully updated, including fresh paint throughout, removed carpets and refinished hardwood floors, and newly built rear second-floor wood staircase, to name a few. Both units feature large eat-in kitchens, allowing the additional dining room space to be used as spacious primary bedrooms—a layout the current tenants are utilizing—making each unit effectively three bedrooms. Additional highlights include a generously sized fenced-in yard, walk in closet, separate tenant-paid utilities, and a detached garage with potential for additional rental income. Looking for owner occupancy? With month-to-month leases, this property offers flexibility, and the street is home to several owner-occupied residences. A fantastic opportunity for investors or owner-occupants alike. Don't wait to schedule a showing, this will probably go quickly. Some photos are virtually staged.

Listing Status:

Pending

Date Added:

February 12, 2026

Data Last Updated:

May 20, 2026 at 4:40AM

Listing Office:

Monticello : 518-423-1916

Listing Agent:

Dina Coluccio : 518-728-0614

MLS ID:

202611907

Interior

• General: Built-in Features
• Laundry: In Basement
• Basement: Full
• Flooring: Carpet
• A/C: None
• Heating: Forced Air

Exterior

• General: Garage(s)
• Style: Traditional
• Other Structures: Garage(s)
• Parking: DetachedOff StreetGarageParking spaces: 4

Construction

• Roofing: Shingle
• General: Aluminum Siding

Location

• Originating MLS: Global MLS
• School District: Rensselaer
• County: Rensselaer

Lot

• Zoning: 381400 143.75-5-18
• Fencing: FencedBack Yard

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Global MLS