PRIME, FULLY LEASED MIXED-USE INVESTMENT OPPORTUNITY IN DOWNTOWN TROY! Located just steps away from RPI and Russell Sage College, this 4,752 sq. ft. building offers an unbeatable combination of stable residential and commercial income from day one. The property features two spacious apartments positioned above a highly visible, established ground-floor restaurant space and 2nd floor hair salon with a proven lease history, capitalizing on the area's high student and young professional rental demand.
A savvy investor will appreciate the major, high ticket capital improvements that significantly lower future cap - ex, including a 3 year old roof, a brand new main sewer line, and modern, highly efficient mini split heating and cooling systems installed in all apartments. With separate utilities, low maintenance mechanicals. and a premier urban location surrounded by Troy's vibrant dining and shopping district, this asset is a powerhouse addition to any real estate portfolio. Schedule your walkthrough today!
Property Type(s):
Multi Family
|
Last Updated
|
9/30/2026
|
Year Built
|
1927
|
|
County
|
Rensselaer
|
SCHOOLS
Additional Details
| AIR |
Wall Unit(s) |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Unfinished, Yes |
| CONSTRUCTION |
Brick |
| EXTERIOR |
Other |
| HEAT |
Ductless, Hot Water, Natural Gas, Radiant |
| LOT |
1742 sq ft |
| LOT DIMENSIONS |
0.04 |
| SEWER |
Public Sewer |
| STYLE |
Other |
| TAXES |
14431.92 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Monticello
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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