$285,000
Troy, NY 12180
MLS# 202526689
Status: Closed
7 beds
1 / 17
Property Description
Investor alert! 429 1st St, Troy offers 7 bedrooms, 2 baths, and 3,576 sq ft across large units in great condition. The property features a remodeled kitchen and oversized layouts, making it turn-key and income-ready. Current rents are $2,200/month downstairs (including utilities) and $1,400/month upstairs, with strong potential to increase. Ideal for student rentals or multi-tenant housing, this asset is located in a highly walkable area near RPI, Sage College, downtown Troy, and transit. With limited supply and steady rental demand, this is a proven cash-flowing property. Perfect for investors seeking a reliable, well-maintained asset in one of Troy's hottest rental markets
Details
Maps
Contract Information
Original List Price: 285000
List Price/SqFt: 79.7
Status: Closed
Property Sub Type: Duplex
Sold Price: $285,000
Current Price: $285,000
Listing Contract Date: 2025-09-26
Location
City/Town (Mail): Troy
Street Number: 429
Street Name: 1st
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
Geo Lat: 42.714009
Geo Lon: -73.69696
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 3576
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: 3576
Lot Size Acres: 0.16
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 7
Bathrooms Full: 2
Year Built: 1890
Status Change Info
Sold Price/SqFt: 79.7
Status Change Date: 2025-12-15
Under Contract Date: 2025-09-29
Sold Date: 2025-12-15
Sold Price: $285,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 381700 111.44-1-20
Tax Annual Amount: 6659.29
Tax Section: 111.44
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 20.000
School District: Troy
Association Y/N: No
Directions & Remarks
Directions: South Troy - 1st Street north of school
Public Remarks: Investor alert! 429 1st St, Troy offers 7 bedrooms, 2 baths, and 3,576 sq ft across large units in great condition. The property features a remodeled kitchen and oversized layouts, making it turn-key and income-ready. Current rents are $2,200/month downstairs (including utilities) and $1,400/month upstairs, with strong potential to increase. Ideal for student rentals or multi-tenant housing, this asset is located in a highly walkable area near RPI, Sage College, downtown Troy, and transit. With limited supply and steady rental demand, this is a proven cash-flowing property. Perfect for investors seeking a reliable, well-maintained asset in one of Troy's hottest rental markets
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Fencing
None: 1
Financial Details
Full Market Assessment: 236301
Tax Assessed Value: 138000
General Taxes: 3522.04
General Taxes Description: Actual
School Taxes: 3137.25
School Taxes Description: Actual
Attic Features
No Attic Access: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Duplex Type
Up And Down: 1
Flooring
Hardwood: 1
Tile: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Showing Service: 1
Special Listing Conditions
SeniorCommunity Y/N: No
Roof
Rubber: 1
View
None: 1
Water Source
Public: 1
Foundation Details
Concrete Perimeter: 1
Heating
Natural Gas: 1
Income And Expenses
Rental Income: 3600
Rental Income Description: Estimated
Interior Features
Open Floorplan: 1
Stone Countertops: 1
Laundry Features
Electric Dryer Hookup: 1
Main Level: 1
Upper Level: 1
Washer Hookup: 1
Other Equipment
None: 1
Parking Features
Off Street: 1
Owner Pays
Water: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Unit Information
Number Of Refrigerators: 2
Number Of Stoves: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Unit Available MF Unit 1: 1
Occupant Type MF Unit 1: Vacant
Monthly Rent MF Unit 1: 2200
Rent Desc. MF Unit 1: Estimated
Total Rooms MF Unit 1: 7
Total Bedrooms MF Unit 1: 4
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Unit Occupancy MF Unit 2: 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1400
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Includes
Bathroom: 1
Dishwasher: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Unit 1 Detail
Rent: 2200
Rent Description Unit 1: Estimated
Occupant Type Unit 1: Vacant
Kitchen Unit 1: Eat In
Total Bedrooms: 4
Bedrooms on 1st Floor: 4
Total Full Baths: 1
Unit 2 Detail
Rent: 1400
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Bedrooms: 3
Bedrooms on 2nd Floor: 3
Total Full Baths: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 1 Amenities
Gourmet Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Property Features
Architectural Style: Other
Attic Features: No Attic Access
Basement: Full
Construction Materials: Brick
Cooling: None
Duplex Type: Up And Down
Exterior Features: None
Fencing: None
Flooring: Hardwood; Tile
Foundation Details: Concrete Perimeter
Heating: Natural Gas
Interior Features: Open Floorplan; Stone Countertops
Laundry Features: Electric Dryer Hookup; Main Level; Upper Level; Washer Hookup
Levels: Two
Other Equipment: None
Owner Pays: Water
Parking Features: Off Street
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Showing Service
Tenant Pays: Electricity; Gas; Heat; Hot Water
View: None
Water Source: Public
Unit 1 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 1 Amenities: Gourmet Kitchen
Unit 2 Includes: Bathroom; Dishwasher; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 2 Appliances: Range; Refrigerator; Oven
Listing Courtesy of Real Broker NY LLC
Listing Agent: Saad Tai
518-348-9535 | saadtherealtor1@gmail.com
518-348-9535 | saadtherealtor1@gmail.com
