$349,900
Troy, NY 12180
MLS# 202625859
6 beds
1 / 36
Property Description
Great addition to any investor's portfolio! Solid, brick 4-unit apartment building in historic Troy. 2025 Brand new flat roof & shingle roof. Separate utilities! Tenants pay electric, gas, heat, hot water. Long term tenant and rent can be higher. Detached garage great for additional rental income, or just storage or parking. Plus an additional 4 off-street parking spaces. Fully fenced back yard and extra wide side yard. Mix of 2 bedroom and 1 bedroom units. Most units have laundry hookups.
Details
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Documents
Contract Information
Status: Active
Property Sub Type: Quadruplex
Original List Price: 349900
List Price: $349,900
Current Price: $349,900
Listing Contract Date: 2026-09-10
List Price/SqFt: 100.09
Location
Street Number: 540
Street Name: 2nd
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
City/Town (Mail): Troy
Geo Lat: 42.710836
Geo Lon: -73.696428
Property Detail
Rooms Total: 14
Bedrooms Total: 6
Bathrooms Full: 4
Year Built: 1890
Garage Spaces: 1
Above Grade Finished Area: 3496
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 3496
Lot Size Dimensions: 78x100
Lot Size Acres: 0.18
Main Road Frontage: 78
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Financial Details
Full Market Assessment: 244863
Tax Assessed Value: 143000
General Taxes: 4654
General Taxes Description: Actual
School Taxes: 3250
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 1st
Full Bath 4: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 54900
Rental Income Description: Estimated
Total Income: 56700
Total Income Description: Estimate
Electric Expense Description: Actual
Gas Expense Description: Actual
Insurance Expense: 2966
Insurance Expense Description: Actual
Water Sewer Expense: 1000
Water Sewer Expense Desc.: Estimated
Net Operating Income: 35100
Parking Features
Parking Total: 5
Separate Utilities
Number Of Separate Electric Meters: 4
Unit Information
Number Of Refrigerators: 4
Number Of Stoves: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Right1st
Unit Available MF Unit 1: 90 days
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1075
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1075
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 5
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Right2nd
Unit Available MF Unit 2: 12/1/26
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1100
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1100
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 4
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Other Rooms 2nd Floor: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: Left 1st
Unit Available MF Unit 3: Now
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1300
Rent Desc. MF Unit 3: Estimated
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 1300
Rent Description Unit 3: Estimated
Occupant Type Unit 3: Vacant
Kitchen Unit 3: Eat In
Total Rooms Unit 3: 4
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Left 2nd
Unit Available MF Unit 4: Now
Occupant Type MF Unit 4: Vacant
Monthly Rent MF Unit 4: 1100
Rent Desc. MF Unit 4: Estimated
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Detail
Rent: 1100
Rent Description Unit 4: Estimated
Occupant Type Unit 4: Vacant
Kitchen Unit 4: Eat In
Total Rooms Unit 4: 4
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Other Rooms 2nd Floor: 1
Status Change Info
Status Change Date: 2026-09-10
Property Features
Architectural Style: Other
Attic Features: Hatch
Basement: Exterior Entry
Construction Materials: Brick
Cooling: Window Unit(s)
Electric: Circuit Breakers
Exterior Features: Garden
Fencing: Back Yard; Chain Link
Flooring: Carpet; Hardwood; Laminate
Foundation Details: Brick/Mortar
Heating: Forced Air; Hot Water; Natural Gas
Interior Features: Built-in Features
Laundry Features: Electric Dryer Hookup; Washer Hookup
Lot Features: Level
Owner Pays: Sewer; Snow Removal; Trash Collection; Water
Parking Features: Garage; Off Street
Patio And Porch Features: Rear Porch
Possession: Subject To Tenant Rights
Roof: Flat; Rubber
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Electricity; Heat; Hot Water
Utilities: Cable Connected
Window Features: Double Pane Windows
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 1 Dining Room Type: Formal Dining Room
Unit 1 Appliances: Range; Refrigerator
Unit 2 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 2 Dining Room Type: None
Unit 2 Appliances: Range; Refrigerator
Unit 3 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 3 Appliances: Range; Refrigerator
Unit 4 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Refrigerator; Stove
Unit 4 Appliances: Range; Refrigerator
Disclosures 
Listing Courtesy of KW Platform
Listing Agent: Adam P Nye
518-560-0050 | nyeproperties@kw.com
518-560-0050 | nyeproperties@kw.com
