$999,000
Troy, NY 12180
MLS# 202625554
11 beds

1 / 56
Property Description
Rare opportunity to own a beautifully maintained, high-quality turnkey student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, quality furnishings, modern amenities, and excellent tenant appeal. The property features three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three beautiful quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation, gatherings, and relaxation. The updated back deck and green backyard offer additional outdoor space for tenants to enjoy. Prospect Park is directly across the street, with a convenient store nearby. Prime location within walking distance of RPI campus and Troy's downtown, providing convenient access to campus, restaurants, shops, entertainment, and downtown amenities. The property has a strong history of being fully leased, reflecting established demand for quality RPI student housing. Highlights: 11 bedrooms; 4 bathrooms; 3 HVAC systems; on-demand hot water heaters; turnkey condition; high-end furniture; stainless-steel appliances; enclosed patio/entertainment room; updated back deck; green backyard; Prospect Park across the street; walking distance to RPI and Troy downtown; strong history of full occupancy; approx. $92K gross annual rental income. Proof of income and/or financial qualification is required prior to scheduling a showing. Showings by appointment only. Qualified buyers and investors are encouraged to inquire.
Details
Maps
Contract Information
Status: Active
Property Sub Type: Triplex
Original List Price: 999000
List Price: $999,000
Current Price: $999,000
Listing Contract Date: 2026-09-06
List Price/SqFt: 273.7
Location
Street Number: 277
Street Name: Congress
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
City/Town (Mail): Troy
Cross Street: 8tj Street & 13th Street
Geo Lat: 42.72637
Geo Lon: -73.681245
Property Detail
Rooms Total: 25
Bedrooms Total: 11
Bathrooms Full: 4
Year Built: 1910
Above Grade Finished Area: 3650
Above Grade Finished Area Source: Plans
Below Grade Finished Area Source: See Remarks
Living Area: 3650
Zoning: Multi Residence
Deed Restrictions: No
Lot Size Acres: 0.12
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 3rd
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Income And Expenses
Rental Income: 91980
Rental Income Description: Actual
Parking Features
Parking Total: 2
Unit Information
Number Of Dishwashers: 3
Number Of Dryers: 2
Number Of Refrigerators: 3
Number Of Stoves: 3
Number Of Washers: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Unit Occupancy MF Unit 1: 5
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 42300
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 11
Total Bedrooms MF Unit 1: 5
Total Full Baths MF Unit 1: 2
Unit 1 Detail
Rent: 42300
Rent Description Unit 1: Actual
Occupant Type Unit 1: Tenant
Total Rooms Unit 1: 10
Total Bedrooms: 5
Bedrooms on 1st Floor: 5
Total Full Baths: 2
Full Baths 1st Floor: 2
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Other Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Unit Occupancy MF Unit 2: 3
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 24840
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 24840
Rent Description Unit 2: Actual
Total Rooms Unit 2: 6
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
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Total Rooms MF Unit 3: 7
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 24840
Rent Description Unit 3: Actual
Occupant Type Unit 3: Tenant
Total Rooms Unit 3: 6
Total Bedrooms: 3
Bedrooms on 3rd Floor: 3
Total Full Baths: 1
Full Baths 3rd Floor: 1
Kitchens 3rd Floor: 1
Living Rooms 3rd Floor: 1
Status Change Info
Status Change Date: 2026-09-07
Property Features
Architectural Style: Traditional
Attic Features: No Attic Access
Basement: Bilco Doors; Crawl Space; Full; Pillar/Post/Pier; Slab; Sump Pump; Unfinished; Walk-Out Access
Construction Materials: Brick
Cooling: Central Air
Door Features: ENERGY STAR Qualified Doors; French Doors
Electric: 200+ Amp Service; Circuit Breakers
Exterior Features: Lighting
Fencing: Back Yard; Partial
Flooring: Hardwood
Foundation Details: Brick/Mortar; Stone
Heating: Forced Air; Natural Gas
Interior Features: Stone Countertops; Walk-In Closet(s)
Laundry Features: Electric Dryer Hookup; Laundry Closet; Laundry Room; Main Level; Upper Level; Washer Hookup
Levels: Three Or More
Lot Features: Wooded
Parking Features: Driveway; Off Street
Patio And Porch Features: Covered; Deck; Enclosed; Rear Porch
Possession: At Closing
Roof: Flat
Security Features: Smoke Detector(s)
Separate Utilities: Not Separated
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; Call Listing Agent; Occupied; Restricted Days; Restricted Hours
Special Listing Conditions: Standard
Window Features: Blinds; Curtain Rods; Double Pane Windows
View: Hills; Trees/Woods
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dishwasher; Dryer Hookup; Efficiency; Kitchen; Living Room; Other; Refrigerator; Storage; Stove
Unit 1 Owner Furnish Features: Central Air Conditioning; Electricity; Gas; Heat; Hot Water; Internet; Parking; Sewer; Snow Removal; Trash; Water; Other
Unit 1 Dining Room Type: Dining Area
Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Washer; Refrigerator
Unit 1 Amenities: Cable Available; Community Recreation; Crown Molding; French Doors; High Speed Internet
Unit 2 Owner Furnish Features: Electricity; Gas; Heat; Hot Water; Internet; Parking; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Dishwasher; Dryer Hookup; Efficiency; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 2 Dining Room Type: Dining Area
Unit 2 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 2 Amenities: Ceramic Tile; Walk-In Closet(s)
Unit 3 Owner Furnish Features: Central Air Conditioning; Electricity; Gas; Heat; Hot Water; Internet; Parking; Sewer; Snow Removal; Trash; Water; Other
Unit 3 Includes: Bathroom; Dining Room; Dishwasher; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 3 Amenities: Cable Available; Ceramic Tile
Unit 3 Dining Room Type: Dining Area
Unit 3 Appliances: Dishwasher; Dryer; Microwave; Range; Washer; Refrigerator
Listing Courtesy of Capital Elite Realty Group LLC
Listing Agent: Capital Elite Realty Team
518-776-8898 | capitaleliterealty@gmail.com
518-776-8898 | capitaleliterealty@gmail.com

