$2,350,000
Troy, NY 12180
MLS# 202618382
27 beds

1 / 58
Property Description
Welcome to Hill Street, a unique commercial investment package, this well-maintained commercial asset is currently used as Veterans community living(but not exclusively for veterans)which provides a rare opportunity to own a high-performing investment in a growing area. The primary property features 22 private rooms, each with its own bathroom, providing privacy and comfort for residents. Shared common areas create a welcoming, community-oriented environment that supports long-term tenancy. Included is a vacant lot directly behind the facility, offering space for potential expansion, additional parking, or new development (buyer to verify zoning). Please note that taxes are a fraction when compared to other real estate holdings of similar value. Additionally ,landlord-tenant laws regarding eviction if, necessary , do not apply to this type of asset.
Details
Maps
Documents
Contract Information
Status: Active
Property Sub Type: Multi Family
Original List Price: 2700000
List Price: $2,350,000
Current Price: $2,350,000
Listing Contract Date: 2026-05-29
List Price/SqFt: 428.21
Location
Street Number: 171
Street Name: Hill
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
City/Town (Mail): Troy
Cross Street: 7th Ave
Geo Lat: 42.720146
Geo Lon: -73.687543
Property Detail
Number Of Units Total: 24
Rooms Total: 34
Bedrooms Total: 27
Bathrooms Full: 24
Year Built: 1940
Above Grade Finished Area: 5488
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 5488
Lot Size Acres: 0.27
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-08-10
Back on Market Date: 2026-08-10
Financial Details
General Taxes: 8682
General Taxes Description: Estimated
School Taxes: 7884
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 1st
Full Bath 5: 1st
Full Bath 6: 1st
Full Bath 7: 1st
Full Bath 8: 1st
Full Bath 9: 1st
Full Bath 10: 1st
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 298800
Rental Income Description: Actual
Total Income: 298800
Electric Expense: 11115
Electric Expense Description: Actual
Parking Features
Parking Total: 25
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Total Rooms MF Unit 1: 1
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Total Rooms MF Unit 2: 1
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1
Total Rooms MF Unit 3: 1
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1
Total Rooms MF Unit 4: 1
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 1
Total Rooms MF Unit 5: 1
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 1
Total Rooms MF Unit 6: 1
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 1
Total Rooms MF Unit 7: 1
Total Bedrooms MF Unit 7: 1
Total Full Baths MF Unit 7: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 1
Total Rooms MF Unit 8: 1
Total Bedrooms MF Unit 8: 1
Total Full Baths MF Unit 8: 1
Property Features
Accessibility Features: Accessible Kitchen
Architectural Style: Rooming House
Attic Features: Other
Basement: Slab
Construction Materials: Vinyl Siding; Other
Cooling: Central Air
Exterior Features: Other
Flooring: Carpet; Concrete
Heating: Forced Air; Natural Gas
Interior Features: Built-in Features; High Speed Internet; Stone Countertops; Walk-In Closet(s)
Levels: One
Lot Features: Cleared; Level
Parking Features: Off Street; Paved; Other
Possession: At Closing
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; No Sign; Occupied; Showing Service
Special Listing Conditions: Standard
Window Features: Screens
Water Source: Public
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Leon Levy
518-727-7493 | llevy@bhhsblake.com
518-727-7493 | llevy@bhhsblake.com


Disclosures