BEDS3
BATHS3 full 2 partial
SQUARE FEET4,752
MLS#202627229
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLTroy
Property Description
PRIME, FULLY LEASED MIXED-USE INVESTMENT OPPORTUNITY IN DOWNTOWN TROY! Located just steps away from RPI and Russell Sage College, this 4,752 sq. ft. building offers an unbeatable combination of stable residential and commercial income from day one. The property features two spacious apartments positioned above a highly visible, established ground-floor restaurant space and 2nd floor hair salon with a proven lease history, capitalizing on the area's high student and young professional rental demand. A savvy investor will appreciate the major, high ticket capital improvements that significantly lower future cap - ex, including a 3 year old roof, a brand new main sewer line, and modern, highly efficient mini split heating and cooling systems installed in all apartments. With separate utilities, low maintenance mechanicals. and a premier urban location surrounded by Troy's vibrant dining and shopping district, this asset is a powerhouse addition to any real estate portfolio. Schedule your walkthrough today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Wall Unit(s)
Heating: Ductless, Hot Water, Radiant, Natural Gas
Home Style: Other
Lot Size: 0.04 Acres
Roof Type: Rubber
Taxes: $14,431
Year Built: 1927
Feature Descriptions
Days on Site: 15
Exterior: Brick
Exterior: Other
Flooring: Carpet, Ceramic Tile, Hardwood, Linoleum
Parcel #: 381700 101.53-5-8
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 4752
Water: Public
Local Schools
School District: Troy
Listed By / Shown By
Listing By
Agency Name: Monticello
Agency Phone: 1 518-423-1916
Shown By
Agency Title: CKM Team Realty
Agency Phone: 518.395.2568
Estimate Your Payment
Estimated Payment
$ 3,090.51 per month $1,669.17 Principal & Interest $1,202.58 Property Tax $218.75 Homeowner's Insurance
1809 5th Avenue | MLS# 202627229
This multi-family property located at 1809 5th Avenue, Troy, NY 12180 is currently listed for sale with an asking price of $750,000. 5th Avenue is located within the Troy school district. Search Troy real estate on www.ckmteamrealty.com today.