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.

For Sale