45 2nd Ave

Rensselaer, NY 12144

$289,000
Price
6
Beds
2,004 Sq. Ft.
$144 / Sq. Ft.
2,004
Sq. Ft.
$144
per Sq. Ft.
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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...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.
  1. Listed by Dina Coluccio • Monticello
    P: (518)-728-0614 C: (518)-728-0614 dina@monticellonys.com

Property Details for 45 2nd Avenue

Architectural Style
Traditional
Waterfront
No
Parking Total
4.00
LISTING UPDATED: 02/19/2026 10:17 AM

Property Details for 45 2nd Avenue

StatusPending
MLS #202611907
Days on Market3
Taxes$3,714 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1900
Lot Size0.13 AC / 5,662 SF
CountyRensselaer County
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Location

Listing Courtesy of Monticello
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Building Information for 45 2nd Avenue

Stories-Residences2Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF

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$1,718 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,409

Property Taxes

$310

HOA Dues

$0

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Property Information for 45 2nd Avenue

Summary
Location and General Information
  • Postal City: Rensselaer
  • Directions: 3rd Ave to East to Wendell to 2nd Ave
  • City: Rensselaer
  • State Or Province: NY
  • Postal Code: 12144
  • County Or Parish: Rensselaer
  • Latitude: 42.64
  • Longitude: -73.74
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 18.000
  • Tax Block: 5
  • Parcel Number: 381400 143.75-5-18
  • Tax Tract: 143.75
  • Tax Annual Amount: $3,714.00
Parking
  • GarageSpaces: 2.00
  • Attached Garage: No
  • Parking Features: Off Street, Detached, Garage
School Information
  • School District: Rensselaer
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Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Private, Level
  • Year Built: 1900
  • Above Grade Finished Area: 2004.0
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5662.8
Building Information
  • Living Area: 2004.0
  • Duplex Type : Up And Down: Yes
Utilities
  • Water Source: Public
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 2
  • Separate Utilities : Number Of Separate Gas Meters: 2
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Porch, Rear Porch, Side Porch
  • Other Structures: Garage(s)
  • Exterior Features: None
  • Fencing: Back Yard, Fenced
  • Laundry Features: In Basement
Interior Features
  • Interior Features: Built-in Features
  • Heating: Forced Air
  • Roof: Shingle
  • Flooring: Carpet
  • Basement: Full
  • Construction Materials: Aluminum Siding
  • Cooling: None
  • Cooling: No
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 6
  • Bathrooms Full: 2
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 2
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
Unit 2
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Detail : Total Bedrooms: 3
Rental
Rental Information
  • Tenant Pays: Hot Water, Heat, Electricity, Gas

Property History for 45 2nd Avenue

DateEvent & SourcePriceAppreciation
Feb 19, 2026

Pending

GLOBAL MLS #202611907

—
Feb 12, 2026

Listed (Active)

GLOBAL MLS #202611907

$289,000—
Sep 16, 2025

Sold (Public Record)

Public Record #1917321990

$170,000—
Sep 16, 2025

Sold

GLOBAL MLS #202522814

$170,000—
Aug 5, 2025

Pending

GLOBAL MLS #202522814

—
Jul 30, 2025

Listed (Active)

GLOBAL MLS #202522814

$159,500—
DateEvent & SourcePrice
02/19/2026

Pending

GLOBAL MLS #202611907

—
02/12/2026

Listed (Active)

GLOBAL MLS #202611907

$289,000
09/16/2025

Sold (Public Record)

Public Record #1917321990

$170,000
09/16/2025

Sold

GLOBAL MLS #202522814

$170,000
08/05/2025

Pending

GLOBAL MLS #202522814

—
07/30/2025

Listed (Active)

GLOBAL MLS #202522814

$159,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 45 2nd Avenue

Taxable ValueLand$3,500Additions$18,900Total$22,400
Tax Record2024$2,438 ($203 / month)
Home Facts
Baths2Total Finished SqFt2,004 SqFtAbove Grade Finished SqFt2,004 SqFtStories2Lot Size5,663 SqFtStyleDuplexYear Built1900CountyRENSSELAERAPN381400 143.75-5-18

Schools near 45 2nd Avenue

This home is within Rensselaer City School District.
Rating
School
Type
Grades
Distance
Van Rensselaer Elementary School
Public - PK to 5
Rensselaer Junior Senior High School
Public - 6 to 12
Harriet Tubman Democratic High School
Private - 9 to 12
The Free School
Private - K to 8
Rating
School
Distance
Van Rensselaer Elementary School
PublicPK to 5

Rensselaer Junior Senior High School
Public6 to 12

Harriet Tubman Democratic High School
Private9 to 12

The Free School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Monticello

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