$ 289,000
-
$289,000
Price -
6
Bed -
2
Bath -
2,004
SqFt
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About the Listing o2729A - 33947
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 Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor: Carpet
- Above Ground Sq Ft: 2004
- Below Ground Sq Ft: 0
- Basement: Full
- Other: Built-in Features
- Water: Public
Exterior Details
- Lot Description: Private,Level
- Garage Capacity: 2 car
- Parking Spaces: 4
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,Detached,Garage
Financial Details
- Tax Amount: $3,714
- Taxes w/Assessments: N/A
- Tax/Property ID: 381400 143.75-5-18
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
45 2nd Ave Rensselaer, NY 12144
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