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MultiFamily For Sale

6,566 - 156 2nd Street, Troy, Ny 12180

$1,150,000
Original List Price:
Property Type: MultiFamily
Status: Active
Days on the Market:
12 Bed|8 Bath| Half Bath|6,566 SQFT
Property Description

**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 Details
County Rensselaer
Bedrooms 12
Bathrooms 8
Half Bathrooms
SQFT 6,566
Heating System Natural Gas
Cooling System
Basement Yes
Fence Yes
Fireplace Yes
Patio Yes
Parking Info Not Available
Square Footage 6,566 SQFT
Lot Area 0.14 ACRE
Year Built 1920
School District Code Info Not Available

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