1. New York
  2. Troy
  3. 156 2nd Street
$1,150,000

156 2nd Street, Troy, NY 12180

  • 12 beds |
  • 8 baths |
  • 6,566 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $175/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Date Added:
March 21, 2025 at 05:00AM
Listing Office:
Weichert Realtors-Reliable Properties : 1 518-312-4800
Listing Agent:
Cole Cioffi : 518-441-7258
MLS ID:
202513828
  • General: Cathedral Ceiling(s)
  • Basement: FullUnfinishedWalk-Out Access
  • Flooring: CarpetHardwood
  • A/C: Window Unit(s)
  • Heating: Natural Gas
  • Fireplace: Wood BurningFamily RoomFireplace

This listing courtesy of Cole Cioffi, Weichert Realtors-Reliable Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carroll Hill School

112 Delaware Ave, Troy, NY, 12180

Grades KG-5

1.16 miles away

T

Troy Middle School

1976 Burdett Ave, Troy, NY, 12180

Grades 6-8

1.06 miles away

T

Troy High School

1950 Burdett Ave, Troy, NY, 12180

Grades 9-12

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.