$660,000
Troy, NY 12180
MLS# 202514778
Status: Closed
12 beds
1 / 22
Property Description
This 8-unit multi-unit property is an outstanding investment opportunity. The rents for each unit have been brought up to market value, with a high ROI of 12.1% and cap rate of 9.6%. Including many upgrades throughout the building. 2 units are currently available. May 1st, the units will be filled, which will complete the 8 units being fully occupied. Close to public transportation and restaurants.
Details
Maps
Documents
Contract Information
Original List Price: 725000
List Price/SqFt: 160.83
Status: Closed
Property Sub Type: Multi Family
Sold Price: $660,000
Current Price: $660,000
Listing Contract Date: 2025-04-07
Location
City/Town (Mail): Troy
Street Number: 22
Street Name: 2nd
Street Suffix: Avenue
County: Rensselaer
State/Province: NY
Postal Code: 12180
Geo Lat: 42.75392
Geo Lon: -73.682244
Property Detail
Number Of Units Total: 8
Rooms Total: 34
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 4508
Above Grade Finished Area Source: Public Records
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 4508
Zoning: Multi Residence
Lot Size Acres: 0.1
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 12
Bathrooms Full: 8
Year Built: 1920
Status Change Info
Sold Price/SqFt: 146.41
Status Change Date: 2026-01-30
Under Contract Date: 2025-11-19
Sold Date: 2026-01-30
Sold Price: $660,000
Parcel, Tax, HOA
Parcel Number: 381700 90.46-2-28
Tax Annual Amount: 10901.58
Tax Section: 90.46
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 28.000
School District: Lansingburgh
Association Y/N: No
Directions & Remarks
Directions: River St to 101st St
Public Remarks: This 8-unit multi-unit property is an outstanding investment opportunity. The rents for each unit have been brought up to market value, with a high ROI of 12.1% and cap rate of 9.6%. Including many upgrades throughout the building. 2 units are currently available. May 1st, the units will be filled, which will complete the 8 units being fully occupied. Close to public transportation and restaurants.
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Fencing
Back Yard: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 1st
Full Bath 5: 2nd
Full Bath 6: 2nd
Full Bath 7: 2nd
Full Bath 8: 2nd
Construction Materials
Aluminum Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Special Listing Conditions
Other: 1
Water Source
Public: 1
Heating
Baseboard: 1
Electric: 1
Natural Gas: 1
Separate Utilities
Electric: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1131
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 775
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Unit Available MF Unit 3: Yes
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1150
Rent Desc. MF Unit 3: Estimated
Lease Term MF Unit 3: None
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 4
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1250
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: 12 Months
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 5
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 1050
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: 12 Months
Total Rooms MF Unit 5: 3
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 6
Unit Available MF Unit 6: Yes
Occupant Type MF Unit 6: Vacant
Monthly Rent MF Unit 6: 1200
Rent Desc. MF Unit 6: Estimated
Lease Term MF Unit 6: None
Total Rooms MF Unit 6: 3
Total Bedrooms MF Unit 6: 2
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 7
Unit Available MF Unit 7: Yes
Occupant Type MF Unit 7: Vacant
Monthly Rent MF Unit 7: 1200
Rent Desc. MF Unit 7: Estimated
Lease Term MF Unit 7: None
Total Rooms MF Unit 7: 3
Total Bedrooms MF Unit 7: 2
Total Full Baths MF Unit 7: 1
Unit 7 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 8
Occupant Type MF Unit 8: Tenant
Monthly Rent MF Unit 8: 1125
Rent Desc. MF Unit 8: Actual
Lease Term MF Unit 8: 12 Months
Total Rooms MF Unit 8: 3
Total Bedrooms MF Unit 8: 1
Total Full Baths MF Unit 8: 1
Unit 8 Owner Furnish Features
Gas: 1
Heat: 1
Trash: 1
Water: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Full
Construction Materials: Aluminum Siding
Exterior Features: None
Fencing: Back Yard
Heating: Baseboard; Electric; Natural Gas
Possession: At Closing
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox
Special Listing Conditions: Other
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room
Unit 1 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 2 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 3 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 5 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 6 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 7 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 8 Owner Furnish Features: Gas; Heat; Trash; Water
Other 
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Bryan Permaul
518-221-6037 | permaulbryan@gmail.com
518-221-6037 | permaulbryan@gmail.com
