Troy, NY 12180 · Rensselaer County

This triplex at 2425 5th Avenue in Troy is listed at $489,900 with 9 beds and 3 baths across 3,744 square feet, built in 1890, in the Troy school district. According to the MLS, the three units have separate utilities, and two of them have already been renovated while the third remains as added upside. The remarks note the location directly behind the new Central Rock Gym and minutes from downtown Troy. Sharon summarized this from the listing rather than a visit.
2425 5th Avenue is a strong value-add multifamily opportunity in Troy featuring 3 units with separate utilities and major recent updates. Two of the three units have already been renovated, offering immediate rental appeal and income potential, while the remaining unit provides additional upside for investors looking to increase value and cash flow. Conveniently located directly behind the brand-new Central Rock Gym and just minutes from downtown Troy, restaurants, shopping, and major commuter routes. A great opportunity to own a multifamily property in one of the Capital Region's fastest-growing rental markets.
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Troy is in Rensselaer County, NY. There are currently 111 active listings here, ranging from $15,500 to $2,700,000. Listings in this address fall under the Troy school district. Priced 63% above the Troy median of $299,900.
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Lincoln House Realty · Listed by John Alund (24528)
Contact: 518-469-6238
MLS #202616984 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.
Activity across 2 MLS listings of this property.