Troy, NY 12180 · Rensselaer County

This three-unit triplex in Troy totals five bedrooms and three bathrooms across 2,540 square feet on a compact lot in the Lansingburgh school district. Built in 1911, the property comprises two one-bedroom units and one three-bedroom unit, with one tenant vacating October 1st, presenting an opportunity to adjust rents to current market rates. The property offers off-street parking at the rear, a covered front porch, and a low-maintenance yard, positioning it as an income-generating asset minutes from downtown Troy, retail, dining, and regional commuter routes.
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 three-bedroom upper unit -- five bedrooms and three full baths in total. A move-in-ready unit is available to tour on demand, and in-place rents leave clear room to grow. Added upside: the tenant in the upper unit has given notice to vacate(Oct 1st), creating a rare opportunity to bring that unit to full market rent. 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. Note: the upper unit lives as a true 3-bedroom; the CRS tax record has not been updated by the owner and still reflects 2 bedrooms -- buyer to verify.
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Troy is in Rensselaer County, NY. There are currently 122 active listings here, ranging from $29,000 to $4,250,000. Listings in this address fall under the Lansingburgh school district. Priced 12% above the Troy median of $294,950.
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Verity Realty LLC · Listed by Corey Schaefgen (38705)
Contact: 518-249-2366
MLS #202623189 · Source: Global MLS, Inc.
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Activity across 2 MLS listings of this property.
Real numbers from current MLS data. Not a third-party estimate.