$1,400,000
Troy, NY 12180
MLS# 202614769
Status: Pending
44 beds
1 / 28
Property Description
17-unit multifamily portfolio located in South Troy consisting of three buildings and a separate vacant parcel with development potential. The unit mix includes eleven 3-bedroom units, five 2-bedroom units, and one 1-bedroom unit (45 total bedrooms). Approximately 75% of units have seen updates over the past ~2.5 years. Of the five vacant units, three are rent-ready and two are in the process of being turned over. Utilities are separately metered. The 4th St buildings also have separately metered water and sewer, providing the option to pass these expenses through to tenants. The portfolio includes a shared parking area and on-site laundry for tenant convenience. Zoned MU-1, the vacant parcel offers additional flexibility for future development (buyer to verify). Offered as a portfolio.
Details
Maps
Contract Information
Status: Pending
Property Sub Type: Multi Family
Original List Price: 1650000
List Price: $1,400,000
Current Price: $1,400,000
Listing Contract Date: 2026-04-09
List Price/SqFt: 83.53
Location
Street Number: 38
Street Name: Tyler
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
City/Town (Mail): Troy
Geo Lat: 42.710646
Geo Lon: -73.695082
Property Detail
Number Of Units Total: 17
Rooms Total: 102
Bedrooms Total: 44
Bathrooms Full: 17
Year Built: 1910
Above Grade Finished Area: 16761
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Appraiser
Living Area: 16761
Lot Size Acres: 0.5
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-09-03
Under Contract Date: 2026-09-03
Proposed Closing Date: 2026-11-30
Financial Details
General Taxes: 16202
General Taxes Description: Actual
School Taxes: 14713
School Taxes Description: Actual
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
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Income And Expenses
Rental Income: 279900
Rental Income Description: Estimated
Total Income: 288297
Total Income Description: Estimated
Insurance Expense: 10000
Insurance Expense Description: Estimated
Water Sewer Expense: 12000
Water Sewer Expense Desc.: Estimated
Parking Features
Parking Total: 13
Unit Information
Number Of Dryers: 2
Number Of Refrigerators: 17
Number Of Stoves: 17
Number Of Washers: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 38 Tyler
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1235
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 7
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 38 Tyler
Occupant Type MF Unit 2: Vacant
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: None
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 38 Tyler
Occupant Type MF Unit 3: Vacant
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: None
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 38 Tyler
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1299
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 7
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 38 Tyler
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 1435
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: 12 Months
Total Rooms MF Unit 5: 7
Total Bedrooms MF Unit 5: 3
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 602-1
Occupant Type MF Unit 6: Tenant
Monthly Rent MF Unit 6: 1275
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: Month To Month
Total Rooms MF Unit 6: 6
Total Bedrooms MF Unit 6: 3
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 602-2
Occupant Type MF Unit 7: Tenant
Monthly Rent MF Unit 7: 1275
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: Month To Month
Total Rooms MF Unit 7: 6
Total Bedrooms MF Unit 7: 3
Total Full Baths MF Unit 7: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 602-3
Occupant Type MF Unit 8: Tenant
Monthly Rent MF Unit 8: 1139
Rent Desc. MF Unit 8: Actual
Lease Term MF Unit 8: Month To Month
Total Rooms MF Unit 8: 6
Total Bedrooms MF Unit 8: 3
Total Full Baths MF Unit 8: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Hatch
Basement: Exterior Entry; Unfinished
Construction Materials: Block; Brick; Vinyl Siding
Exterior Features: Other
Flooring: Laminate; Vinyl
Foundation Details: Brick/Mortar; Slab; Stone
Heating: Baseboard; Forced Air; Hot Water
Lot Features: Other
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric; Gas; Heat; Water Heater; Water Meter
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water; Internet
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 3 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 4 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 5 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 5 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 6 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 6 Includes: Bathroom; Dining Room; Kitchen; Refrigerator; Stove
Unit 7 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 7 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 8 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 8 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Listing Courtesy of Principles 2019 LLC
Listing Agent: Jerid Meagan
518-330-3160 | jerid@principlesrealtygroup.com
518-330-3160 | jerid@principlesrealtygroup.com
