Troy, NY 12180 · Rensselaer County

This 1908 duplex in Troy offers eight bedrooms and four bathrooms across 2,672 square feet, situated on 0.34 acres in the Troy Central school district. The two-unit residence includes granite countertops, stainless steel appliances, updated flooring, and independent HVAC systems in each unit, plus a full unfinished basement and hardwood floors throughout. The property comes with an adjacent vacant buildable lot, eight off-street parking spaces, and generates approximately $67,020 in annual rental income. Troy, known as the Collar City for its historic 19th-century textile manufacturing heritage, is home to Rensselaer Polytechnic Institute, the nation's oldest technological university, and sits along the Hudson River in Rensselaer County.
Exceptional Investment Opportunity - Turnkey Two Family + Buildable Lot Near RPI A rare, income producing asset in Troy's strongest student housing corridor. 7 & 9 Brunswick Road includes a fully renovated two family residence plus an adjoining vacant lot offering future development, expansion, or long term land value. Together, the parcels provide stable cash flow, premium finishes, and meaningful upside. The main residence at 7 Brunswick Road features 8 bedrooms and 4 full bathrooms across two modern units. Each unit is upgraded with granite countertops, stainless steel appliances, high end furnishings, updated flooring, and independent HVAC systems. The property is fully turnkey, optimized for student demand, and consistently leased. With annual gross rental income of $67,020, investors will appreciate the strong income profile, proven occupancy, and continued rent growth potential. The combined double lot offers 8 off street parking spaces, a major advantage for student tenants. The vacant parcel at 9 Brunswick Road adds long term value and flexibility--ideal for additional units, outdoor amenities, or future redevelopment. Key Investment Highlights: • Gross Annual Rental Income: $67,020 • 8BR / 4BA | 2,672 SF • Fully renovated, furnished, and student optimized • Two HVAC systems; modern mechanicals • Double lot with 8 parking spaces • Vacant buildable parcel included • Strong occupancy history and premium positioning • Turnkey condition with immediate cash flow A high performing, income producing property with built in development upside--ideal for investors seeking stability, growth, and strategic land value near RPI. Proof of income or financial qualification required prior to scheduling a showing. Showings by appointment only. Qualified buyers and investors encouraged to inquire.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Troy is in Rensselaer County, NY. There are currently 130 active listings here, ranging from $29,000 to $4,250,000. Listings in this address fall under the Troy school district. Priced 136% above the Troy median of $287,450.
See Sharon's Troy community guideSharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
Capital Elite Realty Group LLC · Listed by Capital Elite Realty Team (03105a)
Contact: 518-776-8898
MLS #202625570 · Source: Global MLS, Inc.
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Activity across 3 MLS listings of this property.
Public assessment record for the Troy roll · Troy school district · Two Family Year-Round Residence
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $120,000 | $205,500 | +11.3% |
| 2024 | $120,000 | $184,600 | +7.7% |
| 2023 | $120,000 | $171,400 | +8.6% |
| 2022 | $120,000 | $157,895 | +11.2% |
| 2021 | $120,000 | $142,012 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Real numbers from current MLS data. Not a third-party estimate.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-08. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.