$55,000
Troy, NY 12182
MLS# 202514480
Status: Closed
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Property Description
Attention Investors and Developers - Prime Mixed-Use Rehab Project! This property offers a fantastic opportunity for a mixed-use development. The City of Troy has approved the property for conversion into 4 residential units as per the owner's request. However, there's flexibility to transform the ground floor into commercial space, ideal for retail, restaurants, or other businesses, with residential units upstairs, or additional units. With its zoning allowing both commercial and residential use, this project offers significant potential for attracting tenants and businesses.
Details
Maps
Documents
Contract Information
Original List Price: 65000
List Price/SqFt: 19.87
Status: Closed
Property Sub Type: Quadruplex
Sold Price: $55,000
Current Price: $55,000
Listing Contract Date: 2025-04-01
Location
City/Town (Mail): Troy
Street Number: 624
Street Name: 2nd
Street Suffix: Avenue
County: Rensselaer
State/Province: NY
Postal Code: 12182
Geo Lat: 42.77674
Geo Lon: -73.675936
Property Detail
Rooms Total: 0
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 3271
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: See Remarks
Living Area: 3271
Zoning: Mixed
Lot Size Dimensions: 50x120
Lot Size Acres: 0.14
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Year Built: 1890
Status Change Info
Sold Price/SqFt: 16.81
Status Change Date: 2025-07-10
Sold Date: 2025-07-08
Sold Price: $55,000
Parcel, Tax, HOA
Parcel Number: 381700 80.47-6-17
Tax Annual Amount: 12018.75
Tax Section: 80.47
Total Taxes Description: Actual
Tax Block: 6
Tax Lot: 17.000
School District: Lansingburgh
Association Y/N: No
Directions & Remarks
Directions: From 787 take a right onto Ontario St and then a left onto 2nd Ave
Public Remarks: Attention Investors and Developers - Prime Mixed-Use Rehab Project!
This property offers a fantastic opportunity for a mixed-use development. The City of Troy has approved the property for conversion into 4 residential units as per the owner's request. However, there's flexibility to transform the ground floor into commercial space, ideal for retail, restaurants, or other businesses, with residential units upstairs, or additional units.
With its zoning allowing both commercial and residential use, this project offers significant potential for attracting tenants and businesses.
Sewer
Public Sewer: 1
Architectural Style
Duplex-Side by Side: 1
Quads: 1
Cooling
None: 1
Basement
Unfinished: 1
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
Showing Service: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
None: 1
Parking Features
Parking Total: 6
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Other: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd
Property Features
Architectural Style: Duplex-Side by Side; Quads
Basement: Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Exterior Features: None
Heating: None
Possession: At Closing
Separate Utilities: Electric; Gas; Heat; Other
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Water Source: Public
Hold Harmless 
Listing Courtesy of Core Real Estate Team
Listing Agent: Kaile White
518-326-0840 |
518-326-0840 |
