Overview
- Updated On:
- May 7, 2025
- Multi Family
- Category
- 270402
- Property ID
- 12
- Bedrooms
- 8
- Bathrooms
- 6,566 ft2
- Property Size
Description
**Prime 8-Unit Brownstone in Downtown Troy**
Located in a vibrant neighborhood near Russell Sage College, this 8-unit brownstone is a stellar investment opportunity. Situated on a triple lot with expansion potential, the property features 5 of the 8 units fully renovated/updated, stable long-term tenants, and under-market rents for increased cash flow potential. The 1st floor(basement) could be converted into an additional 9th unit, Laundry amenity provides additional cash flow. An experienced property manager, in place for 8 years, is willing to stay on for seamless operations.
Perfectly, walkable area close to shops, restaurants, and schools, this property offers both immediate income and long-term growth potential.
Address: 156 2nd Street, Troy, NY 12180
City: Troy
State/County: Rensselaer
Zip: 12180
Country: United States
Property Id: 270402
Price: $ 1,190,000
Property Size: 6,566 ft2
Property Lot Size: 0 ft2
Bedrooms: 12
Bathrooms: 8
Other Features
Cathedral Ceiling(s)
Has Cooling System
Has Fireplace
Has Heating System
None
$ 6,101.37
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 4,613.87
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