Classic brick 6 unit in a convenient Troy location. Each apartment offers two bedrooms and one bath, featuring spacious layouts, tall ceilings, and plenty of natural light. The property maintains full occupancy with a consistent rental history, currently generating an 8% cap rate with rents well below market. Based on projected fair market rents, it has the potential to perform at an impressive 15% cap rate "” a true cash-flow opportunity for investors. Separate utilities throughout; tenants pay all utilities except water and sewer, which are covered by the owner. Conveniently located near downtown Troy, local schools, and public transportation.
Property Type(s):
Multi Family
|
Last Updated
|
10/23/2025
|
Year Built
|
1890
|
|
County
|
Rensselaer
|
SCHOOLS
Additional Details
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Full, Interior Entry, Unfinished, Yes |
| CONSTRUCTION |
Brick |
| EXTERIOR |
None |
| HEAT |
Forced Air, Natural Gas |
| INTERIOR |
Built-in Features, Crown Molding |
| LOT |
2178 sq ft |
| LOT DESCRIPTION |
Level |
| LOT DIMENSIONS |
0.05 |
| PARKING |
Off Street |
| SEWER |
Public Sewer |
| STYLE |
Apartment 4 Plus Unit, Traditional |
| TAXES |
9179.07 |
| UTILITIES |
Cable Available, Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of KW Platform
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email