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22 2nd Avenue

Troy, NY 12180
  • $725,000
  • STATUS: Active
  • MLS #: 202514778
UPDATED: 76 min ago
$725,000
  • 12
    BEDS
  • 0.1
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 4,508
    SQFT
  • $161
    $/SQFT
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

School District:

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.

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© 2025 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2025-04-27T11:12:22.333.
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22 2nd Avenue Troy, NY 12180

  • Price: $725,000
  • Status: Active
  • On Site: Days
  • Updated: 76 min ago
  • MLS #: 202514778
12
Beds
8
Baths
0
½ Baths
0.1
Acres
4,508
SQFT
$161
$/SQFT
1920
Built
County:
Rensselaer
Area:
Rensselaer
School District:
Lansingburgh
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.
Exterior Features

Architectural Style Apartment 4 Plus Unit Construction Materials Aluminum Siding Door Features [] Exterior Features None Fencing Back Yard Foundation Details [] Lot Features [] Other Structures [] Parking Features [] Patio And Porch Features [] Pool Features [] Roof [] View [] Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Basement Full Cooling [] Electric Heating Yes Fireplace Features [] Flooring [] Heating BaseboardElectricNatural Gas Heating YN Yes Interior Features [] Laundry Features []

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric [] Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] Other Equipment [] Owner Pays [] Property Condition [] Property Sub Type Multi Family Security Features [] Sewer Public Sewer Special Listing Conditions Other Tenant Pays [] Utilities [] Water Source Public Zoning Multi Residence

Listing information © 2025 Global MLS.
Listing provided courtesy of Bryan Permaul of Coldwell Banker Prime Properties: .



© 2025 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2025-04-27T11:12:22.333.
 
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