$200,000
Troy, NY 12180
MLS# 202611380
Status: Closed
4 beds
1 / 20
Property Description
Turnkey investment opportunity in the heart of Troy! This multifamily property features major capital improvements already completed by the owner, including a NEW roof and boilers, offering peace of mind & reduced future expenses. Each unit is ideal for renters, featuring spacious floor plans, dishwasher, and in-unit laundry - all highly desirable amenities that enhance everyday living and rental appeal. Total monthly rental income can exceed $2,500 for the building. Both units are currently vacant, offering flexibility for owner occupants or the option to place screened tenants. Conveniently located with easy access to downtown Troy, RPI, shops, restaurants, & major highways. With strong rental demand, solid mechanical updates, and immediate income potential, this is a smart addition to any portfolio. Don't miss the opportunity to own a cash flowing property with minimal expenses & the heavy lifting already done. Property sold as is!
Details
Maps
Documents
Contract Information
Original List Price: 210000
List Price/SqFt: 108.32
Status: Closed
Property Sub Type: Duplex
Sold Price: $200,000
Current Price: $200,000
Listing Contract Date: 2026-01-31
Location
City/Town (Mail): Troy
Street Number: 556
Street Name: 2nd
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
Geo Lat: 42.710231
Geo Lon: -73.696707
Property Detail
Rooms Total: 10
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 1754
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 1754
Fireplaces Total: 0
Zoning: Multi Residence
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1890
Status Change Info
Sold Price/SqFt: 114.03
Status Change Date: 2026-05-14
Under Contract Date: 2026-03-17
Sold Date: 2026-05-14
Sold Price: $200,000
Parcel, Tax, HOA
Parcel Number: 381700 111.52-8-19
Tax Annual Amount: 3200
Tax Section: 111.52
Total Taxes Description: Estimated
Tax Block: 8
Tax Lot: 19.000
School District: Troy
Association Y/N: No
Directions & Remarks
Directions: Take exit 7E from 787, continue onto Burden Ave for about 0.5 mile. Merge left to 1st St, then continue onto 2nd St. House will be on your right shortly after.
Public Remarks: Turnkey investment opportunity in the heart of Troy! This multifamily property features major capital improvements already completed by the owner, including a NEW roof and boilers, offering peace of mind & reduced future expenses.
Each unit is ideal for renters, featuring spacious floor plans, dishwasher, and in-unit laundry - all highly desirable amenities that enhance everyday living and rental appeal. Total monthly rental income can exceed $2,500 for the building. Both units are currently vacant, offering flexibility for owner occupants or the option to place screened tenants.
Conveniently located with easy access to downtown Troy, RPI, shops, restaurants, & major highways. With strong rental demand, solid mechanical updates, and immediate income potential, this is a smart addition to any portfolio.
Don't miss the opportunity to own a cash flowing property with minimal expenses & the heavy lifting already done. Property sold as is!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
Circuit Breakers: 1
Fencing
Back Yard: 1
Chain Link: 1
Financial Details
General Taxes: 3500
General Taxes Description: Actual
Attic Features
No Attic Access: 1
Cooling
None: 1
Basement
Full: 1
Interior Entry: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Lot Features
Cleared: 1
Level: 1
Construction Materials
Vinyl Siding: 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
Tile: 1
Vinyl: 1
Showing Requirements
Showing Service: 1
Special Listing Conditions
Standard: 1
Roof
Flat: 1
Water Source
Public: 1
Heating
Baseboard: 1
Forced Air: 1
Natural Gas: 1
Interior Features
Built-in Features: 1
Laundry Features
Electric Dryer Hookup: 1
Main Level: 1
Upper Level: 1
Washer Hookup: 1
Parking Features
None: 1
Owner Pays
Garage Fees: 1
Sewer: 1
Snow Removal: 1
Trash Collection: 1
Water: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Internet: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Floo
Occupant Type MF Unit 1: Vacant
Monthly Rent MF Unit 1: 1300
Rent Desc. MF Unit 1: Estimated
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Storage: 1
Stove: 1
Washer Hookup: 1
Unit 1 Owner Furnish Features
Maintenance Grounds: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 1 Detail
Total Bedrooms: 2
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Floo
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1300
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Maintenance Grounds: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Detail
Total Bedrooms: 2
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Washer Hookup: 1
Property Features
Architectural Style: Traditional
Attic Features: No Attic Access
Basement: Full; Interior Entry; Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Duplex Type: Up And Down
Electric: Circuit Breakers
Exterior Features: None
Fencing: Back Yard; Chain Link
Flooring: Tile; Vinyl
Heating: Baseboard; Forced Air; Natural Gas
Interior Features: Built-in Features
Laundry Features: Electric Dryer Hookup; Main Level; Upper Level; Washer Hookup
Levels: Two
Lot Features: Cleared; Level
Owner Pays: Garage Fees; Sewer; Snow Removal; Trash Collection; Water
Parking Features: None
Possession: At Closing
Roof: Flat
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat; Hot Water; Internet
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dishwasher; Dryer Hookup; Kitchen; Living Room; Refrigerator; Storage; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Dishwasher; Dryer Hookup; Kitchen; Living Room; Washer Hookup
PCD 
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Brianna Huynh
518-925-3431 | brianna.huynh@coldwellbankerprime.com
518-925-3431 | brianna.huynh@coldwellbankerprime.com
