1. New York
  2. Troy
  3. 22 2nd Avenue
$725,000

22 2nd Avenue, Troy, NY 12180

  • 12 beds |
  • 8 baths |
  • 4,508 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $161/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

This 8-unit multi-unit property is an outstanding investment opportunity. The rents for each unit have been brought up to market value, with a high ROI of 12.1% and cap rate of 9.6%. Including many upgrades throughout the building. 2 units are currently available. May 1st, the units will be filled, which will complete the 8 units being fully occupied. Close to public transportation and restaurants.

Listing Status:
Active
Date Added:
April 7, 2025 at 05:00AM
Listing Office:
Coldwell Banker Prime Properties : 1 518-370-2100
Listing Agent:
Bryan Permaul : 518-221-6037
MLS ID:
202514778
  • Basement: Full
  • Heating: BaseboardElectricNatural Gas

This listing courtesy of Bryan Permaul, Coldwell Banker Prime Properties

Monthly Payment

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

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Location

Schools Nearby

R

Rensselaer Park Elementary School

70 110th St, Troy, NY, 12182

Grades 3-5

0.98 miles away

K

Knickerbacker Middle School

320 7th Ave, Troy, NY, 12182

Grades 6-8

0.77 miles away

L

Lansingburgh Senior High School

320 7th Ave, Troy, NY, 12182

Grades 9-12

0.76 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.