Troy, NY 12180 · Rensselaer County

This 17-unit multifamily portfolio in South Troy comprises three income-producing buildings plus a separately zoned vacant parcel with development potential. The buildings contain eleven 3-bedroom, five 2-bedroom, and one 1-bedroom unit across 16,761 square feet, with approximately 75 percent of units updated within the past two and a half years; five units are currently vacant, three rent-ready and two undergoing renovation. Utilities are individually metered throughout, and the Fourth Street buildings offer separate water and sewer metering. Amenities include shared parking and on-site laundry. The property is offered as a complete portfolio in the Troy school district.
17-unit multifamily portfolio located in South Troy consisting of three buildings and a separate vacant parcel with development potential. The unit mix includes eleven 3-bedroom units, five 2-bedroom units, and one 1-bedroom unit (45 total bedrooms). Approximately 75% of units have seen updates over the past ~2.5 years. Of the five vacant units, three are rent-ready and two are in the process of being turned over. Utilities are separately metered. The 4th St buildings also have separately metered water and sewer, providing the option to pass these expenses through to tenants. The portfolio includes a shared parking area and on-site laundry for tenant convenience. Zoned MU-1, the vacant parcel offers additional flexibility for future development (buyer to verify). Offered as a portfolio.
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Troy is in Rensselaer County, NY. There are currently 120 active listings here, ranging from $29,000 to $4,250,000. Listings in this address fall under the Troy school district. Priced 367% above the Troy median of $299,900.
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Principles 2019 LLC · Listed by Jerid Meagan (23114)
Contact: 518-330-3160
MLS #202614769 · 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.