Rare opportunity to own a beautifully maintained, high-quality turnkey student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, quality furnishings, modern amenities, and excellent tenant appeal.
The property features three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation, gatherings, and relaxation.
The updated back deck and green backyard offer additional outdoor space for tenants to enjoy. Prospect Park is directly across the street, with a convenient store nearby.
Prime location within walking distance of RPI campus and Troy's downtown, providing convenient access to campus, restaurants, shops, entertainment, and downtown amenities. The property has a strong history of being fully leased, reflecting established demand for quality RPI student housing.
Highlights: 11 bedrooms; 4 bathrooms; 3 HVAC systems; on-demand hot water heaters; turnkey condition; high-end furniture; stainless-steel appliances; enclosed patio/entertainment room; updated back deck; green backyard; Prospect Park across the street; walking distance to RPI and Troy downtown; strong history of full occupancy; approx. $92K gross annual rental income.
Proof of income and/or financial qualification is required prior to scheduling a showing. Showings by appointment only. Qualified buyers and investors are encouraged to inquire.
Property Type(s):
Multi Family
|
Last Updated
|
9/6/2026
|
Year Built
|
1910
|
|
County
|
Rensselaer
|
SCHOOLS
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Crawl Space, Full, Sump Pump, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION |
Brick |
| HEAT |
Forced Air |
| INTERIOR |
Walk-In Closet(s) |
| LOT |
5227 sq ft |
| LOT DESCRIPTION |
Wooded |
| LOT DIMENSIONS |
0.12 |
| PARKING |
Off Street, Driveway |
| SEWER |
Public Sewer |
| STYLE |
Traditional |
| TAXES |
5295 |
| UTILITIES |
Sewer Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Trees/Woods, Hills |
| WATER |
Public |
Location
This listing courtesy of Capital Elite Realty Group LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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