1. New York
  2. Troy
  3. 45 S Lake Avenue
$470,000

45 S Lake Avenue, Troy, NY 12180

  • 10 beds |
  • 4 baths |
  • 4,483 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $105/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

High-Income 4-Unit Investment Property with Porches & Parking a must-see investment opportunity at 45 South Lake Avenue. This very large, four-unit building is a cash-flow machine, generating over $6,000 in monthly rent with all leases currently in place. The property boasts a fantastic look with huge, covered porches on both levels, offering great curb appeal. Situated in a quiet location, it has a strong rental history, having attracted students from RPI and Hudson Valley Community College. Numerous upgrades have been completed, including two recently remodeled units and new kitchen cabinets in another. The first-floor unit is exceptionally large, adding to the property's desirability. A standout feature is the ample off-street parking in the rear for at least 6-7 vehicles

Listing Status:
Active
Date Added:
July 8, 2025 at 05:00AM
Listing Office:
REMAX Solutions : 1 518-318-3800
Listing Agent:
Scott J Alvarez : 518-522-7265
MLS ID:
202519654
  • Laundry: Laundry Room
  • Basement: Unfinished
  • A/C: None
  • Heating: Forced Air

This listing courtesy of Scott J Alvarez, REMAX Solutions

Monthly Payment

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

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Location

Schools Nearby

P

PS 18

412 Hoosick St, Troy, NY, 12180

Grades KG-5

0.23 miles away

T

Troy Middle School

1976 Burdett Ave, Troy, NY, 12180

Grades 6-8

0.82 miles away

T

Troy High School

1950 Burdett Ave, Troy, NY, 12180

Grades 9-12

0.87 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.