Sharon FronkRealtor® · Howard Hanna
LoadingTroy, NY 12180 · Rensselaer County
This Troy offering is an investment package centered on a 1940 building of about 5,488 square feet in the Troy school district, currently used as veterans community living though not exclusively for veterans. The remarks describe the main property as having 22 private rooms, each with its own bathroom, plus shared common areas. The sale also bundles a two-unit residential property next door and a vacant lot behind the facility for potential expansion, with the buyer advised to verify zoning. The remarks note that taxes are comparatively low for a property of this value.
Welcome to Hill Street, a unique investment package, this well-maintained commercial asset is currently used as Veterans community living(but not exclusively for veterans)which provides a rare opportunity to own a high-performing investment in a growing area. The primary property features 22 private rooms, each with its own bathroom, providing privacy and comfort for residents. Shared common areas create a welcoming, community-oriented environment that supports long-term tenancy. Included in the sale is a two-unit residential property located next door - ideal for staff housing, additional rental income, or future redevelopment. Included is a vacant lot directly behind the facility, offering space for potential expansion, additional parking, or new development (buyer to verify zoning). Please note that taxes are a fraction when compared to other real estate holdings of similar value. Additionally ,landlord-tenant laws regarding eviction if, necessary , do not apply to this type of asset Sold as a package with 177 Hill st(updated 2 family) and adjacent 1 acre parcel fronting Ida st.
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Troy is in Rensselaer County, NY. There are currently 110 active listings here, ranging from $15,500 to $4,250,000. Listings in this address fall under the Troy school district. Priced 731% above the Troy median of $324,950.
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Berkshire Hathaway Home Services Blake · Listed by Leon Levy (6776)
Contact: 518-727-7493
MLS #202618382 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Licensed Real Estate Salesperson · Howard Hanna
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22 facts pulled straight from the MLS listing.
Real numbers from current MLS data. Not a third-party estimate.
Every change captured by Global MLS since this listing went live.
