BEDS9
BATHS4 full
SQUARE FEET5,145
MLS#202623843
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLansingburgh
Property Description
Most investors will walk right past this one. Smart money won't.4 residential units over two storefronts in Troy's newly designated historic district -- and they need real work, which is exactly where the money is. This isn't turnkey. It's a blank canvas for someone who builds equity instead of paying for it.Already throwing off $3,600/month, with both storefronts untapped. Renovate the units, stabilize the commercial space, and the back-end tells a whole different story. Historic district means character, demand, and upside baked in.The kicker: the seller wants to deal. Cash, owner financing, conventional -- all on the table. Seller-held paper on a value-add like this? Rare.Done buying other people's equity? Let's create yours.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Heating: Space Heater, Natural Gas
Home Style: Other
Lot Size: 0.09 Acres
Taxes: $5,740
Year Built: 1911
Feature Descriptions
Days on Site: 20
Exterior: Brick
Exterior: None
Parcel #: 381700 80.47-5-8
Sewer: Public Sewer
SQFT Above Grade Finished: 5145
Water: Public
Local Schools
School District: Lansingburgh
Listed By / Shown By
Listing By
Agency Name: Real Broker NY LLC
Agency Phone: 1 855-450-0442
Shown By
Agency Title: CKM Team Realty
Agency Phone: 518.395.2568
Estimate Your Payment
Estimated Payment
$ 1,482.71 per month $888.00 Principal & Interest $478.33 Property Tax $116.38 Homeowner's Insurance
601-603 2nd Avenue | MLS# 202623843
This multi-family property located at 601-603 2nd Avenue, Troy, NY 12182 is currently listed for sale with an asking price of $399,000. 601-603 2nd Avenue is located within the Lansingburgh school district. Search Troy real estate on www.ckmteamrealty.com today.