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556 2nd Street

Troy, NY 12180
  • $199,999
  • STATUS: Active
  • MLS #: 202611380
Price Reduced
$199,999
  • 4
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,754
    SQFT
  • $114
    $/SQFT
Type:
Multi-Family
Built:
1890
County:
Area:

School Ratings & Info

School District:

Description

Turnkey investment opportunity in the heart of Troy! This multifamily property features major capital improvements already completed by the owner, including a NEW roof and boilers, offering peace of mind & reduced future expenses. Each unit is ideal for renters, featuring spacious floor plans, dishwasher, and in-unit laundry - all highly desirable amenities that enhance everyday living and rental appeal. Total monthly rental income can exceed $2,500 for the building. Both units are currently vacant, offering flexibility for owner occupants or the option to place screened tenants. Conveniently located with easy access to downtown Troy, RPI, shops, restaurants, & major highways. With strong rental demand, solid mechanical updates, and immediate income potential, this is a smart addition to any portfolio. Don't miss the opportunity to own a cash flowing property with minimal expenses & the heavy lifting already done. Property sold as is!

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© 2026 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 2026-02-15T00:11:58.473.
www.518realty.com/homes/172650401
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556 2nd Street Troy, NY 12180

  • Price: $199,999
  • Status: Active
  • On Site: Days
  • MLS #: 202611380
4
Beds
2
Baths
0
½ Baths
0.06
Acres
1,754
SQFT
$114
$/SQFT
1890
Built
County:
Rensselaer
Area:
Rensselaer
School District:
Troy
Property Description
Turnkey investment opportunity in the heart of Troy! This multifamily property features major capital improvements already completed by the owner, including a NEW roof and boilers, offering peace of mind & reduced future expenses. Each unit is ideal for renters, featuring spacious floor plans, dishwasher, and in-unit laundry - all highly desirable amenities that enhance everyday living and rental appeal. Total monthly rental income can exceed $2,500 for the building. Both units are currently vacant, offering flexibility for owner occupants or the option to place screened tenants. Conveniently located with easy access to downtown Troy, RPI, shops, restaurants, & major highways. With strong rental demand, solid mechanical updates, and immediate income potential, this is a smart addition to any portfolio. Don't miss the opportunity to own a cash flowing property with minimal expenses & the heavy lifting already done. Property sold as is!
Exterior Features

Architectural Style Traditional Attached Garage YN No Construction Materials Vinyl Siding Door Features [] Exterior Features None Fencing Back YardChain Link Foundation Details [] Lot Features LevelCleared Other Structures [] Parking Features None Patio And Porch Features [] Pool Features [] Roof Flat View [] Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Basement FullInterior EntryUnfinished Cooling None Cooling YN No Fireplace Features [] Fireplace YN No Fireplaces Total 0 Flooring VinylTile Heating BaseboardForced AirNatural Gas Heating YN Yes Interior Features Built-in Features Laundry Features Electric Dryer HookupMain LevelUpper LevelWasher Hookup

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric Circuit Breakers Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] Other Equipment [] Owner Pays Trash CollectionSewerSnow RemovalWaterGarage Fees Property Condition [] Property Sub Type Duplex Security Features [] Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Hot WaterHeatInternetElectricityGas Utilities [] Water Source Public Zoning Multi Residence

Listing information © 2026 Global MLS.
Listing provided courtesy of Brianna Huynh of Coldwell Banker Prime Properties: 518-427-9000.



© 2026 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 2026-02-15T00:11:58.473.
 
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