$450,000
Troy, NY 12180
MLS# 202514321
Status: Closed
6 beds

1 / 25
Property Description
Spacious 3 unit mixed use property in downtown Troy. First floor commercial space was a successful family business for over 50 years. Tremendous exposure with heavy vehicle and walk-in traffic. Great business potential in Thriving downtown Troy location. The second and third floors apartments are in great condition with hardwood floors and excellent rental history. Highly sought after off st parking for 5 in rear of the property. Each unit is on separate electric and gas, owner pays for heat. Excellent rental history with long term tenants on month to month leases. By appt only 24 hour notice.
Details
Maps
Documents
Contract Information
Original List Price: 424900
List Price/SqFt: 75.86
Status: Closed
Property Sub Type: Triplex
Sold Price: $450,000
Current Price: $450,000
Listing Contract Date: 2025-03-31
Location
City/Town (Mail): Troy
Street Number: 117
Street Name: 4th
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
Geo Lat: 42.729211
Geo Lon: -73.689796
Property Detail
Rooms Total: 23
Bathrooms Half: 2
Garage Spaces: 0
Above Grade Finished Area: 5601
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 5601
Zoning: Mixed
Lot Size Dimensions: 25x120
Lot Size Acres: 0.07
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 6
Bathrooms Full: 2
Year Built: 1890
Status Change Info
Sold Price/SqFt: 80.34
Status Change Date: 2025-06-12
Under Contract Date: 2025-04-10
Sold Date: 2025-06-09
Sold Price: $450,000
Parcel, Tax, HOA
Parcel Number: 381700 101.53-14-5
Tax Annual Amount: 7603
Tax Section: 101.53
Total Taxes Description: Actual
Tax Block: 14
Tax Lot: 5
School District: Troy
Association Y/N: No
Directions & Remarks
Directions: Congress St to 4th St or Ferry St to 4th St
Public Remarks: Spacious 3 unit mixed use property in downtown Troy. First floor commercial space was a successful family business for over 50 years. Tremendous exposure with heavy vehicle and walk-in traffic. Great business potential in Thriving downtown Troy location. The second and third floors apartments are in great condition with hardwood floors and excellent rental history. Highly sought after off st parking for 5 in rear of the property. Each unit is on separate electric and gas, owner pays for heat. Excellent rental history with long term tenants on month to month leases. By appt only 24 hour notice.
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Electric
200+ Amp Service: 1
Financial Details
General Taxes: 4024
General Taxes Description: Actual
School Taxes: 3579
School Taxes Description: Actual
Cooling
Central Air: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 2nd
Full Bath 2: 3rd
Half Bath 1: 1st
Half Bath 2: 1st
Lot Features
Level: 1
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Photographer
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Hardwood: 1
Laminate: 1
Linoleum: 1
Vinyl: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Key In Office: 1
Occupied: 1
Pet(s) on Premises: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Flat: 1
Rubber: 1
Water Source
Public: 1
Foundation Details
Brick/Mortar: 1
Heating
Baseboard: 1
Forced Air: 1
Hot Water: 1
Natural Gas: 1
Steam: 1
Income And Expenses
Rental Income: 4700
Rental Income Description: Estimated
Electric Expense: 1500
Electric Expense Description: Estimated
Total Income: 56400
Total Income Description: Estimated
Gas Expense: 1500
Gas Expense Description: Estimated
Insurance Expense: 3600
Insurance Expense Description: Estimated
Miscellaneous Expense: 460
Miscellaneous Expense Description: Actual
Water Sewer Expense: 750
Water Sewer Expense Desc.: Actual
Interior Features
Ceramic Tile Bath: 1
Paddle Fan: 1
Laundry Features
Laundry Closet: 1
Other Equipment
Other: 1
Parking Features
Parking Total: 5
Driveway: 1
Off Street: 1
Owner Pays
Heat: 1
Management: 1
Sewer: 1
Trash Collection: 1
Water: 1
Levels
Three Or More: 1
Security Features
Carbon Monoxide Detector(s): 1
Fire Escape: 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Tenant Pays
Electricity: 1
Gas: 1
Unit Information
Number Of Air Conditoners: 1
Number Of Dryers: 1
Number Of Refrigerators: 2
Number Of Stoves: 2
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Vacant
Rent Desc. MF Unit 1: Estimated
Lease Term MF Unit 1: None
Total Rooms MF Unit 1: 4
Total Half Baths MF Unit 1: 2
Unit 1 Owner Furnish Features
Heat: 1
Maintenance Grounds: 1
Parking: 1
Sewer: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Occupant Type MF Unit 2: Tenant
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 8
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Heat: 1
Management: 1
Parking: 1
Sewer: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Storage: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3rd
Occupant Type MF Unit 3: Tenant
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 9
Total Bedrooms MF Unit 3: 4
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Heat: 1
Management: 1
Parking: 1
Sewer: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Storage: 1
Stove: 1
Unit 1 Detail
Occupant Type Unit 1: Vacant
Total Half Baths: 2
Partial Baths 1st Floor: 2
Unit 2 Detail
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 8
Total Bedrooms: 3
Bedrooms on 2nd Floor: 3
Total Full Baths: 1
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Other Rooms 2nd Floor: 2
Unit 3 Detail
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Kitchen Unit 3: Eat In
Total Rooms Unit 3: 9
Total Bedrooms: 4
Bedrooms on 3rd Floor: 4
Total Full Baths: 1
Full Baths 3rd Floor: 1
Dining Rooms 3rd Floor: 1
Kitchens 3rd Floor: 1
Living Rooms 3rd Floor: 1
Other Rooms 3rd Floor: 1
Unit 2 Dining Room Type
Formal Dining Room: 1
Unit 2 Appliances
Dryer: 1
Range: 1
Washer: 1
Refrigerator: 1
Unit 2 Amenities
Ceramic Tile: 1
Unit 3 Amenities
Ceramic Tile: 1
Unit 3 Dining Room Type
Formal Dining Room: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Property Features
Architectural Style: Other
Basement: Full
Construction Materials: Brick
Cooling: Central Air
Electric: 200+ Amp Service
Exterior Features: None
Flooring: Ceramic Tile; Hardwood; Laminate; Linoleum; Vinyl
Foundation Details: Brick/Mortar
Heating: Baseboard; Forced Air; Hot Water; Natural Gas; Steam
Interior Features: Ceramic Tile Bath; Paddle Fan
Laundry Features: Laundry Closet
Levels: Three Or More
Lot Features: Level
Other Equipment: Other
Owner Pays: Heat; Management; Sewer; Trash Collection; Water
Parking Features: Driveway; Off Street
Possession: At Closing
Roof: Flat; Rubber
Security Features: Carbon Monoxide Detector(s); Fire Escape; Smoke Detector(s)
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent; Key In Office; Occupied; Pet(s) on Premises
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom
Unit 1 Owner Furnish Features: Heat; Maintenance Grounds; Parking; Sewer; Trash; Water
Unit 2 Owner Furnish Features: Heat; Management; Parking; Sewer; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Storage; Stove; Washer Hookup
Unit 2 Dining Room Type: Formal Dining Room
Unit 2 Appliances: Dryer; Range; Washer; Refrigerator
Unit 2 Amenities: Ceramic Tile
Unit 3 Owner Furnish Features: Heat; Management; Parking; Sewer; Trash; Water
Unit 3 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Storage; Stove
Unit 3 Amenities: Ceramic Tile
Unit 3 Dining Room Type: Formal Dining Room
Unit 3 Appliances: Range; Refrigerator; Oven
Listing Courtesy of RE/MAX Solutions
Listing Agent: David M Schrepper
518-330-4209 | dmschrepper@gmail.com
518-330-4209 | dmschrepper@gmail.com


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