$399,000
Troy, NY 12182
MLS# 202623843
9 beds
1 / 21
Property Description
Most investors will walk right past this one. Smart money won't. 4 residential units over two storefronts in Troy's newly designated historic district -- and they need real work, which is exactly where the money is. This isn't turnkey. It's a blank canvas for someone who builds equity instead of paying for it. Already throwing off $3,600/month, with both storefronts untapped. Renovate the units, stabilize the commercial space, and the back-end tells a whole different story. Historic district means character, demand, and upside baked in. The kicker: the seller wants to deal. Cash, owner financing, conventional -- all on the table. Seller-held paper on a value-add like this? Rare. Done buying other people's equity? Let's create yours.
Details
Maps
Contract Information
Status: Active
Property Sub Type: Multi Family
Original List Price: 399000
List Price: $399,000
Current Price: $399,000
Listing Contract Date: 2026-08-12
List Price/SqFt: 77.55
Location
Street Number: 601-603
Street Name: 2nd
Street Suffix: Avenue
County: Rensselaer
State/Province: NY
Postal Code: 12182
City/Town (Mail): Troy
Geo Lat: 42.776128
Geo Lon: -73.67698
Property Detail
Number Of Units Total: 6
Rooms Total: 14
Bedrooms Total: 9
Bathrooms Full: 4
Year Built: 1911
Above Grade Finished Area: 5145
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 5145
Lot Size Acres: 0.09
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Financial Details
General Taxes: 22127.92
General Taxes Description: Estimated
School Taxes: 3612.82
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 2nd
Full Bath 2: 2nd
Full Bath 3: 3rd
Full Bath 4: 3rd
Photos - the contractual owner of the photos
Photo Owner: Broker
Special Listing Conditions
SeniorCommunity Y/N: No
Income And Expenses
Rental Income: 36000
Rental Income Description: Actual
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Occupant Type MF Unit 1: Vacant
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Occupant Type MF Unit 2: Vacant
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 800
Rent Desc. MF Unit 3: Actual
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1000
Rent Desc. MF Unit 4: Actual
Total Rooms MF Unit 4: 6
Total Bedrooms MF Unit 4: 3
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 800
Rent Desc. MF Unit 5: Actual
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 3
Occupant Type MF Unit 6: Tenant
Monthly Rent MF Unit 6: 1000
Rent Desc. MF Unit 6: Actual
Total Rooms MF Unit 6: 6
Total Bedrooms MF Unit 6: 3
Total Full Baths MF Unit 6: 1
Status Change Info
Status Change Date: 2026-08-12
Property Features
Architectural Style: Other
Basement: Partial
Construction Materials: Brick
Exterior Features: None
Heating: Natural Gas; Space Heater
Possession: At Closing
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Occupied; Showing Service
Water Source: Public
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Listing Courtesy of Real Broker NY LLC
Listing Agent: Saad Tai
518-348-9535 | saadtherealtor1@gmail.com
518-348-9535 | saadtherealtor1@gmail.com
