Why pay the whole mortgage yourself when a tenant can help? Move right into the spacious vacant first-floor unit of this attractive Troy two-family and start collecting rent from the long-term tenant upstairs from day one. Set on a quiet side street with great curb appeal and ample street parking, you're just 3 minutes from I-787 and Route 7 for an easy commute throughout the Capital Region. Step inside and appreciate the character that makes this home special--lofty tin ceilings, warm wood floors, and exposed brick add texture and charm you simply don't find in newer homes. Whip up your favorite meals in the ample eat-in kitchen, offering plenty of cabinetry and counter space plus some newer appliances. Gather in the formal dining room or take the party outside onto the huge back deck beneath a leafy canopy of mature trees that creates a welcome sense of privacy. Relax in front of the cozy pellet stove in the living room. When the day is done, you'll love unwinding in the expanded primary bedroom. Enjoy year-round comfort with forced-air heat and central A/C in the first floor unit. Separate utilities keep costs low. Upstairs, the long-term month-to-month tenant provides immediate rental income. That unit has hot-water radiator heat (no central A/C). The flexible 2nd floor layout also offers future possibilities: use the living room with closet as an oversized primary bedroom and transform the dining room into a comfortable living room. There is also a bonus room accessed off the landing that makes a great micro office. Whether you're ready to stop paying rent and start building equity or simply love the idea of having rental income help offset your housing costs, this owner-occupy opportunity is a smart way to start your home ownership journey. Troy Schools. Separate utilities. Restricted showing schedule Mon, Wed & Fri 3:30 - 7:30pm and Sat 111am - 4pm with 24 hours' notice. Ask about the $20k credit the seller is offering for a full price offer!
Located in the heart of North Troy, this well-maintained two-family property offers an excellent opportunity for both owner-occupants and investors. Each unit features 2 bedrooms and 1 full bathroom, with hardwood floors throughout. The updated first-floor unit is vacant and ready for immediate occupancy, with an estimated market rent of $1,500 per month--ideal for a buyer looking to live in one unit or an investor who wants to select their own tenant. The second-floor unit is currently occupied by a month-to-month tenant paying $1,200 per month. A great opportunity to generate immediate rental income while building long-term value!
A stunningly renovated two-family in the heart of Lansingburgh, where classic charm meets modern luxury! Every inch of this home has been meticulously reimagined, from the brand-new roof to the stylish, sun-filled interiors below. Downstairs offers 3 spacious bedrooms, while the upstairs unit impresses with 4 bedrooms and a charming enclosed front porch. Both units boast beautifully updated kitchens and baths, gorgeous new flooring, and the everyday convenience of in-unit washer/dryer hookups. Separate utilities make this a dream for investors and owner-occupants alike. Located in the Lansingburgh Central School District. Currently fully occupied and cash-flowing from day one, with room to grow rents to market. Minutes from RPI, HVCC, and major commuter routes. Homes this beautifully done simply don't come along often. Schedule your private showing before this one is gone! See attached document for full list of renovations. Listing broker holds an ownership interest in the subject property.
Investment Opportunity in Troy! Bring your vision and unlock the potential of 708 3rd Ave. This property offers an excellent opportunity for an investor, contractor, or buyer looking to add value. Foundation work has been recommended, and the list price has been adjusted to reflect the anticipated repairs and improvements needed. This property presents an opportunity to build equity and maximize potential.
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.
Check out this charming 1861 Eastside two-family home, tucked away at the end of a quiet dead-end street! Meticulously maintained and filled with endless character, both spacious units feature beautiful tin ceilings, wide-plank pine floors, and classic mouldings or beadboard accents. Each apartment offers two bedrooms, generous storage, oversized eat-in kitchens with in-unit laundry, updated bathrooms, and bright, inviting living spaces. Outside, you'll find ample off-street parking, a detached two-car garage with loft storage, and a welcoming front porch; perfect for relaxing and enjoying the peaceful surroundings. Situated on a rare 0.62-acre lot bordering the Wynantskill Creek, this unique property offers a beautiful, nature-filled setting while still enjoying all of the conveniences of city living. A wonderful opportunity for owner-occupants or investors alike!
Excellent opportunity to own an oversized two-family home on a corner lot with a huge fenced-in yard backing to the Posten Kill Creek. With approximately 2,210 square feet of living space, this property offers flexibility for an owner occupant or investor. The second unit is currently vacant, providing an excellent opportunity for an owner occupant to move in while the first-floor unit remains tenant occupied on a month-to-month lease. Combined annual rental income potential for both units is approximately $34,200! This offers a great opportunity to offset your mortgage or add to your investment portfolio. The large fenced-in lot, corner location, creek-side setting, and spacious two-family layout make this a unique opportunity in Troy. Whether you're looking to owner occupy, invest, or add value over time, this property offers plenty of possibilities.
Six-unit multifamily investment opportunity totaling approximately 7,206 SF across three stories. The asset offers diversified residential income through six units and an opportunity for investors to expand an existing multifamily portfolio. Classic brick construction and established building footprint provide a solid foundation for continued ownership and potential value enhancement. Financials available upon request. 3227-3229 7th Ave may be packaged with 4 Hill St, Troy, NY, providing an opportunity to acquire multiple multifamily assets in a single transaction. Showings by appointment.
Investors take notice. Beautifully updated and well maintained solid brick mixed use building located on River Street in the heart of Downtown Troy. This property features four residential units, including two 1 bedroom 1 bath apartments, one 2 bedroom 1 bath apartment, and one 2 bedroom 2 bath apartment, along with a well established and successful retail restaurant on the first floor. All units are leased, providing immediate rental income. Separate utilities, off street parking, and the low maintenance benefits of solid brick construction make this an easy property to own and manage.
Strong-income three-unit multi-family in a prime Troy location -- ideal for investors or owner-occupants looking to build equity while generating cash flow. The unit mix offers a healthy blend: two one-bedroom units and a spacious two-bedroom, four bedrooms and three full baths in total. Previous gross when fully rented was $2,915/month, with a move-in-ready unit available to tour on demand and in-place rents that leave clear room to grow. Ample off-street parking sits at the rear of the property, complemented by a large covered front porch, a low-maintenance yard, and a private entrance for the rear unit -- features that keep quality tenants in place. The property has a proven track record of long-term tenancy and low vacancy. Minutes from downtown Troy, shopping, dining, public transportation, and major commuter routes, with additional off-street parking possible in the area of a previously removed garage. A rare chance to step into a stable, performing asset with real upside. Financials attached to listing.
Located at 709 4th Ave, Troy, NY, this property offers a great opportunity in a convenient neighborhood with easy access to downtown Troy, local shops, restaurants, schools, and major commuting routes. Whether you're looking for your next home or an investment property, this address combines accessibility, potential, and everyday convenience in one of Troy's established residential areas.
This property is ideal for both owner- occupants and investors seeking rental income. Located in the Village of Green Island this two-family home is approximately 2,162 square feet of living space. Both units offer living room, dining room, with a large kitchen and separate utilities for each unit. First Floor is currently occupied and will require a 24-hour notice for showing.
Excellent Investment Opportunity! Three-family property perfect to build equity while generating income. This property features a vacant 3-bedroom apartment, ideal for immediate occupancy or rental income and 2 rented apartments. With generous square footage, this property offers strong potential for long-term rentals or extended family living.
This Troy two-family property is an excellent opportunity for investors seeking a cash-flowing rental or owner-occupants looking to offset their mortgage with rental income. One unit is currently vacant, providing the flexibility to move in or secure a new tenant while the second unit generates income. With its two-unit layout and strong potential, 7 Winnie Ave offers an attractive opportunity to build equity and add a solid investment to your portfolio.
Rare opportunity to acquire a five-property investment portfolio in the City of Troy, NY, all conveniently located within the same general area for simplified management and maintenance. The portfolio includes: 3357 6th Ave, 3365 6th Ave, 161 5th Ave, 19 Defreest St, and 375 8th St. Whether you're looking to grow your rental portfolio or add a turnkey investment to your holdings, this package offers excellent cash flow potential, low property taxes, and the convenience of owning multiple properties in close proximity. The centralized locations make tenant management, maintenance, and future improvements more efficient. The entire portfolio is offered for $1,350,000, with the option to purchase properties individually.
Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180
Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180
Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180
Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180
Excellent investment opportunity in Troy, NY! This fully occupied three-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180
Welcome to 41 Paine St. A large, fully rented, updated two family duplex in the heart of Green Island tucked away on a quiet side street yet within short walking distance to downtown Troy and Watervliet. This is a great property for investors or to owner occupy. Both units have large living areas, two bedrooms, laundry areas, and functional layouts.
Amazing opportunity to own a cash flowing 7 unit in a great neighborhood across the street from Beman Park. Situated on a double lot with opportunity to develop in the future. Most apartments have been renovated in the past several years in addition to a new roof. Convenient location near RPI, downtown Troy, parks, restaurants, shopping, and major highways. A solid addition to any investment portfolio with immediate income potential.
Beautiful brick 7 unit in the coveted location of downtown Troy with excellent walkability to all local amenities and just steps away from Washington Park. This historic building was thoughtfully converted into apartments while leaving the original characteristics intact including original woodwork and hardwood floors throughout. Property has been well cared for with each apartment updated over time. Generous layouts, lots of natural light and large shared yard in back plus a garage accessible from Church St. Fully rented for immediate income with strong demand for future growth potential.
CASH OFFERS ONLY. 6 Unit plus storefront. Full gut/rehab. Bring a hammer and a vision for a terrific equity opportunity. Bring a flashlight.
Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stainless steel appliances and in-unit laundry. Residents enjoy on-site parking and ''All-In Living'' package, which combines fiber internet, cable, electricity, heating, air conditioning and hot water into one monthly payment. Proven rental history, attractive in-place cash flow and operational upside through improved management efficiencies make this a strong investment opportunity.
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Troy is located in New York. Troy, New York has a population of 50,717. Troy is less family-centric than the surrounding county with 17.38% of the households containing married families with children. The county average for households married with children is 24.39%.
The median household income in Troy, New York is $50,304. The median household income for the surrounding county is $76,731 compared to the national median of $69,021. The median age of people living in Troy is 32.5 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 40.5 inches per year, with 51.2 inches of snow per year.
