Sharon FronkRealtor® · Howard Hanna
LoadingTroy, NY 12180 · Rensselaer County
This 1890 side-by-side duplex on 5th Avenue was updated in 2020 and offers five bedrooms and three bathrooms across 3,392 square feet. The larger unit contains four bedrooms, two bathrooms, and in-unit laundry, with a first-floor bedroom and bath and high ceilings throughout. The second unit, currently rented, provides immediate income. Solar panels and forced-air heating with an attic fan are installed. Troy is a historic Hudson River port city known as the "Collar City" for its 19th-century shirt-collar manufacturing legacy and home to Rensselaer Polytechnic Institute, founded in 1824. The property sits within walking distance of downtown Troy's restaurants, shops, farmers market, and cultural events, with no homeowners association fees.
Welcome to 2215 5th Avenue, a thoughtfully updated side-by-side two-family home offering the perfect blend of owner-occupancy flexibility and investment potential. Renovated in 2020, this unique property provides enhanced privacy with no neighbors living above or below. The spacious primary residence lives like a single-family home, featuring 4 bedrooms, 2 full bathrooms, soaring ceilings, multiple living and lounge areas, and an in-unit washer and dryer. A first-floor bedroom and full bath make it ideal for multigenerational living, guests, or anyone seeking the convenience of first-floor living. The flexible layout also provides space for a home office or future rental opportunities. The adjoining 1-bedroom, 1-bathroom unit is tenant-occupied, offering immediate rental income to help offset ownership expenses. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional income, this property offers exceptional versatility. The side-by-side design creates a level of privacy rarely found in traditional multi-family homes. Modern updates, expansive bedrooms, and owned solar panels add long-term value while helping reduce utility costs. Located just blocks from Troy's exciting new developments and revitalization projects, you'll also enjoy walking distance to downtown Troy's award-winning restaurants, cafés, boutique shopping, entertainment, the renowned Troy Waterfront Farmers Market, and year-round events. With one unit already generating income and the larger residence offering multiple living options, this property is well-positioned for potential strong rental demand and long-term appreciation. A rare opportunity to own a move-in-ready multi-family in one of Troy's most walkable and rapidly growing neighborhoods.
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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 31% above the Troy median of $324,950.
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Four Seasons Sotheby's International Realty · Listed by Daniella Browne (39165)
Contact: 347-435-6058
MLS #202621543 · Source: Global MLS, Inc.
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Licensed Real Estate Salesperson · Howard Hanna
★ 5.0 from verified clients · 200+ homes sold · 14+ years
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Activity across 4 MLS listings of this property.
