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156 2nd Street

Troy, NY 12180

Active

$1,259,000

Listing by:
Cole Cioffi
Weichert Realtors-Reliable Properties
518-441-7258

**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.

$1,259,000
12.0
Bedrooms
8
Bathrooms
6,566
Sq. Ft.
$ 192
$/Sq. Ft.
0.14
Acres
Year Built:
1920
County:
Rensselaer
School District:
Troy
Acres:
0.14
Listing Agent:
Cole Cioffi
Listing Office:
Weichert Realtors-Reliable Properties
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Features

Square Feet: 6,566
Town: Troy
Bedrooms: 12
Full Bathrooms: 8
Estimated Taxes: $17,361
Water: Public
Sewer: Public Sewer
Heat: Natural Gas
Garage: 0
Property Style: Apartment 4 Plus Unit
Exterior: Brick
Exterior Features: None
Cooling: Window Unit(s)
Parking Spaces: 0
Zoning: Commercial

Location


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