$1,128,205
Troy, NY 12180
MLS# 202527661
Status: Closed
13 beds
1 / 40
Property Description
Nestled in the heart of Troy, this exceptional two-building property offers a total of 10 units, making it a prime investment opportunity. The front building features 9 fully occupied apartments with stable, long-term leases. Each unit is in excellent condition, & the building is equipped with a commercial-grade water heater that serves the entire building. Most heating units recently updated, roof and front staircase were redone in 2018. With meticulous maintenance & upgraded plumbing, the property is truly turnkey. The standalone three-story carriage house at the rear of the property has been fully gutted and renovated into a high-end living space, complete with a two-car garage, central AC, heated bathroom floors, in-ceiling speakers, and luxury appliances. This setup is perfect not only for investors but also owner-occupants seeking a modern, private residence while benefiting from rental income. Bitcoin/Crypto offers welcome!
Details
Maps
Documents
Contract Information
Original List Price: 1249000
List Price/SqFt: 138.24
Status: Closed
Property Sub Type: Multi Family
Sold Price: $1,128,205
Current Price: $1,128,205
Listing Contract Date: 2025-10-13
Location
City/Town (Mail): Troy
Cross Street: State Street
Street Number: 35
Street Name: 1st
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
Geo Lat: 42.729715
Geo Lon: -73.693526
Property Detail
Number Of Units Total: 11
Rooms Total: 30
Bathrooms Half: 1
Garage Spaces: 2
Above Grade Finished Area: 9035
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 2020
Below Grade Finished Area Source: CRS
Living Area: 9035
Zoning: Multi Residence
Lot Size Acres: 0.09
Main Road Frontage: 31
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 13
Bathrooms Full: 10
Year Built: 1820
Status Change Info
Sold Price/SqFt: 124.87
Status Change Date: 2026-02-14
Under Contract Date: 2025-11-02
Sold Date: 2026-02-11
Sold Price: $1,128,205
Parcel, Tax, HOA
Parcel Number: 381700 100.60-4-3
Tax Annual Amount: 20111
Tax Section: 100.60
Total Taxes Description: Estimated
Tax Block: 4
Tax Lot: 3.000
School District: Troy
Association Y/N: No
Directions & Remarks
Directions: State Street to right on 1st St, 35 on Right
Public Remarks: Nestled in the heart of Troy, this exceptional two-building property offers a total of 10 units, making it a prime investment opportunity. The front building features 9 fully occupied apartments with stable, long-term leases. Each unit is in excellent condition, & the building is equipped with a commercial-grade water heater that serves the entire building. Most heating units recently updated, roof and front staircase were redone in 2018. With meticulous maintenance & upgraded plumbing, the property is truly turnkey. The standalone three-story carriage house at the rear of the property has been fully gutted and renovated into a high-end living space, complete with a two-car garage, central AC, heated bathroom floors, in-ceiling speakers, and luxury appliances. This setup is perfect not only for investors but also owner-occupants seeking a modern, private residence while benefiting from rental income. Bitcoin/Crypto offers welcome!
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Electric
100 Amp Service: 1
200+ Amp Service: 1
Fencing
Back Yard: 1
Wood: 1
Financial Details
General Taxes: 10563
General Taxes Description: Estimated
School Taxes: 9548
School Taxes Description: Estimated
Attic Features
Part: 1
Cooling
Central Air: 1
Basement
Exterior Entry: 1
Finished: 1
Full: 1
Heated: 1
Unfinished: 1
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: 2nd
Half Bath 1: 1st
Lot Features
Landscaped: 1
Level: 1
Road Frontage: 1
Construction Materials
Brick: 1
Other Structures
Garage(s): 1
Other: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Exterior Features
Garden: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Hardwood: 1
Vinyl: 1
Showing Requirements
Showing Service: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Cable Connected: 1
Roof
Rolled/Hot Mop: 1
Rubber: 1
Water Source
Public: 1
Foundation Details
Stone: 1
Heating
Baseboard: 1
Ductless: 1
Forced Air: 1
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 136000
Rental Income Description: Yearly
Electric Expense: 540
Electric Expense Description: Actual
Gas Expense: 720
Gas Expense Description: Actual
Insurance Expense: 1500
Insurance Expense Description: Actual
Miscellaneous Expense: 1200
Miscellaneous Expense Description: Actual
Water Sewer Expense: 1800
Water Sewer Expense Desc.: Actual
Interior Features
Built-in Features: 1
Ceramic Tile Bath: 1
Crown Molding: 1
High Speed Internet: 1
Open Floorplan: 1
Solid Surface Counters: 1
Wired for Sound: 1
Parking Features
Parking Total: 2
Attached: 1
Under Residence: 1
Levels
Three Or More: 1
Security Features
Carbon Monoxide Detector(s): 1
Fire Sprinkler System: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Number Of Separate Electric Meters: 11
Number Of Separate Gas Meters: 11
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Internet: 1
Unit Information
Number Of Air Conditoners: 1
Number Of Dishwashers: 1
Number Of Dryers: 1
Number Of Refrigerators: 11
Number Of Stoves: 11
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Basement
Unit Available MF Unit 1: 9/26
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1395
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Total Half Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Fireplace: 1
Half Bath: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Storage: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Carriage
Unit Available MF Unit 2: 9/26
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 2750
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Total Half Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Half Bath: 1
Kitchen: 1
Living Room: 1
Other: 1
Refrigerator: 1
Storage: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: First Fl
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 745
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 1
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: First Fl
Unit Available MF Unit 4: 6/26
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1095
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: 12 Months
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 2nd Fl
Unit Available MF Unit 5: 8/26
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 895
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
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 5 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 2nd Fl
Unit Available MF Unit 6: 7/26
Occupant Type MF Unit 6: Tenant
Monthly Rent MF Unit 6: 825
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: 12 Months
Total Rooms MF Unit 6: 1
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 6 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 2nd Fl
Unit Available MF Unit 7: 7/26
Occupant Type MF Unit 7: Tenant
Monthly Rent MF Unit 7: 1025
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: 12 Months
Total Rooms MF Unit 7: 3
Total Bedrooms MF Unit 7: 1
Total Full Baths MF Unit 7: 1
Unit 7 Owner Furnish Features
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 7 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 3rd Fl
Unit Available MF Unit 8: 9/26
Occupant Type MF Unit 8: Tenant
Monthly Rent MF Unit 8: 975
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
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 8 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Property Features
Architectural Style: Other
Attic Features: Part
Basement: Exterior Entry; Finished; Full; Heated; Unfinished
Construction Materials: Brick
Cooling: Central Air
Electric: 100 Amp Service; 200+ Amp Service
Exterior Features: Garden
Fencing: Back Yard; Wood
Flooring: Carpet; Ceramic Tile; Hardwood; Vinyl
Foundation Details: Stone
Heating: Baseboard; Ductless; Forced Air; Hot Water; Natural Gas
Interior Features: Built-in Features; Ceramic Tile Bath; Crown Molding; High Speed Internet; Open Floorplan; Solid Surface Counters; Wired for Sound
Levels: Three Or More
Lot Features: Landscaped; Level; Road Frontage
Other Structures: Garage(s); Other
Parking Features: Attached; Under Residence
Possession: At Closing
Roof: Rolled/Hot Mop; Rubber
Security Features: Carbon Monoxide Detector(s); Fire Sprinkler System
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Internet
Utilities: Cable Available; Cable Connected
Water Source: Public
Unit 1 Includes: Bathroom; Fireplace; Half Bath; Kitchen; Living Room; Refrigerator; Storage; Stove
Unit 1 Owner Furnish Features: Hot Water; Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Hot Water; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Dishwasher; Half Bath; Kitchen; Living Room; Other; Refrigerator; Storage; Stove; Washer Hookup
Unit 3 Owner Furnish Features: Hot Water; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Hot Water; Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Hot Water; Sewer; Snow Removal; Trash; Water
Unit 5 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Hot Water; Sewer; Snow Removal; Trash; Water
Unit 6 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 7 Owner Furnish Features: Hot Water; Sewer; Snow Removal; Trash; Water
Unit 7 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 8 Owner Furnish Features: Hot Water; Sewer; Snow Removal; Trash; Water
Unit 8 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
LBP 
Listing Courtesy of Properly
Listing Agent: Adam Vandervoort
518-810-2324 | adamv@properlyre.com
518-810-2324 | adamv@properlyre.com
