$239,900
Troy, NY 12180
MLS# 202527894
Status: Closed
7 beds
1 / 27
Property Description
Price Improvement! Spacious South Troy duplex offering strong income potential and modern updates! This two-family property features a total of 7 bedrooms and 2 full baths, with separate utilities for each unit—ideal for investors with a 9+% cap rate. The second-floor unit has been completely remodeled with fresh finishes, updated flooring, and a stylish new kitchen and bath. The first-floor unit is well maintained and currently rented, providing immediate cash flow. Enjoy the peace of mind of a new roof and low-maintenance exterior, plus a private backyard perfect for tenants to relax or entertain. Conveniently located near downtown Troy, local eateries, and major routes—this property blends turn-key stability with long-term growth potential. Both units are rented—an excellent addition to any portfolio!
Details
Maps
Documents
Contract Information
Original List Price: 265000
List Price/SqFt: 99.96
Status: Closed
Property Sub Type: Duplex
Sold Price: $239,900
Current Price: $239,900
Listing Contract Date: 2025-10-16
Location
City/Town (Mail): Troy
Cross Street: Madison St and Canal St
Street Number: 301
Street Name: 2nd
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
Geo Lat: 42.719782
Geo Lon: -73.694412
Property Detail
Rooms Total: 13
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2500
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2500
Lot Size Acres: 0.07
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 7
Bathrooms Full: 2
Year Built: 1890
Status Change Info
Sold Price/SqFt: 95.96
Status Change Date: 2026-04-06
Under Contract Date: 2026-01-24
Sold Date: 2026-04-03
Sold Price: $239,900
Parcel, Tax, HOA
Parcel Number: 381700 111.28-6-5
Tax Annual Amount: 4048.34
Tax Section: 111.28
Total Taxes Description: Actual
Tax Block: 6
Tax Lot: 5
School District: Troy
Association Y/N: No
Directions & Remarks
Directions: 2nd St between Madison and Canal
Public Remarks: Price Improvement!
Spacious South Troy duplex offering strong income potential and modern updates! This two-family property features a total of 7 bedrooms and 2 full baths, with separate utilities for each unit—ideal for investors with a 9+% cap rate.
The second-floor unit has been completely remodeled with fresh finishes, updated flooring, and a stylish new kitchen and bath. The first-floor unit is well maintained and currently rented, providing immediate cash flow.
Enjoy the peace of mind of a new roof and low-maintenance exterior, plus a private backyard perfect for tenants to relax or entertain.
Conveniently located near downtown Troy, local eateries, and major routes—this property blends turn-key stability with long-term growth potential.
Both units are rented—an excellent addition to any portfolio!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Fencing
Back Yard: 1
Chain Link: 1
Wood: 1
Financial Details
General Taxes: 2093.24
General Taxes Description: Actual
School Taxes: 1955.1
School Taxes Description: Actual
Cooling
Window Unit(s): 1
Basement
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Lot Features
Cleared: 1
Garden: 1
Private: 1
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Vinyl: 1
Showing Requirements
Pet(s) on Premises: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Roof
Flat: 1
Rubber: 1
Water Source
Public: 1
Foundation Details
Brick/Mortar: 1
Heating
Forced Air: 1
Natural Gas: 1
Income And Expenses
Rental Income: 31680
Rental Income Description: Yearly
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Water Meter: 1
Unit Information
Number Of Refrigerators: 2
Number Of Stoves: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Flr
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1290
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Storage: 1
Stove: 1
Washer Hookup: 1
Unit 1 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Unit 1 Detail
Rent: 1290
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
Occupant Type Unit 1: Tenant
Total Bedrooms: 3
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Flr
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1350
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Unit 2 Detail
Rent: 1350
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Total Bedrooms: 4
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
Property Features
Architectural Style: Traditional
Basement: Unfinished
Construction Materials: Brick
Cooling: Window Unit(s)
Exterior Features: None
Fencing: Back Yard; Chain Link; Wood
Flooring: Ceramic Tile; Vinyl
Foundation Details: Brick/Mortar
Heating: Forced Air; Natural Gas
Lot Features: Cleared; Garden; Private
Possession: At Closing
Roof: Flat; Rubber
Separate Utilities: Electric; Gas; Heat; Water Heater; Water Meter
Sewer: Public Sewer
Showing Requirements: Pet(s) on Premises; Showing Service
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Storage; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Storage; Stove; Washer Hookup
Disclosures_Taxes 
Listing Courtesy of KW Platform
Listing Agent: Amy Smith-Magur
518-729-8486 | Willowtreehomes@kw.com
518-729-8486 | Willowtreehomes@kw.com