**Prime 8-Unit Brownstone in Downtown Troy**
Located in a vibrant neighborhood near Russell Sage College, this 8-unit brownstone is a stellar investment opportunity. Situated on a triple lot with expansion potential, the property features 5 of the 8 units fully renovated/updated, stable long-term tenants, and under-market rents for increased cash flow potential. The 1st floor(basement) could be converted into an additional 9th unit, Laundry amenity provides additional cash flow. An experienced property manager, in place for 8 years, is willing to stay on for seamless operations.
Perfectly, walkable area close to shops, restaurants, and schools, this property offers both immediate income and long-term growth potential.
Property Type(s):
Multi Family
|
Last Updated
|
3/21/2025
|
Year Built
|
1920
|
|
County
|
Rensselaer
|
SCHOOLS
Additional Details
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Full, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION |
Brick |
| EXTERIOR |
None |
| HEAT |
Natural Gas |
| INTERIOR |
Cathedral Ceiling(s) |
| LOT |
6098 sq ft |
| LOT DESCRIPTION |
Corner Lot, Level |
| LOT DIMENSIONS |
75x125 |
| PARKING |
None |
| SEWER |
Public Sewer |
| STYLE |
Apartment 4 Plus Unit |
| TAXES |
17360.89 |
| UTILITIES |
Underground Utilities |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City, Downtown |
| WATER |
Public |
Location
This listing courtesy of Weichert Realtors-Reliable Properties
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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