**Prime 8-Unit Brownstone in Downtown Troy**
Located in a vibrant neighborhood near Russell Sage College, this 8-unit brownstone is a stellar investment opportunity. Situated on a triple lot with expansion potential, the property features 5 of the 8 units fully renovated/updated, stable long-term tenants, and under-market rents for increased cash flow potential. The 1st floor(basement) could be converted into an additional 9th unit, Laundry amenity provides additional cash flow. An experienced property manager, in place for 8 years, is willing to stay on for seamless operations.
Perfectly, walkable area close to shops, restaurants, and schools, this property offers both immediate income and long-term growth potential.
Active
$1,259,000
156 2nd Street, Troy, NY 12180
12beds
6,566sqft
Multi Family, Apartment
Built in 1920
-- sqft lot
$1,189,000 Zestimate®
$192/sqft
$-- HOA
What's special
Triple lot
- 36 days
- on Zillow |
- 1,243 |
- 48 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 07:44am
Listing by:
Weichert Realtors-Reliable Properties 518-312-4800,
Cole Cioffi 518-441-7258,
Craig Cioffi 518-396-8386,
Weichert Realtors-Reliable Properties
Source: Global MLS,MLS#: 202513828

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Natural Gas
Cooling
- Window Unit(s)
Features
- Cathedral Ceiling(s)
- Flooring: Carpet, Hardwood
- Windows: Double Pane Windows, Wood Frames, Bay Window(s), Insulated Windows
- Basement: Full,Unfinished,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Wood Burning, Family Room
Interior area
- Total structure area: 6,566
- Total interior livable area: 6,566 sqft
- Finished area above ground: 6,566
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Patio & porch: Pressure Treated Deck, Covered, Deck
- Exterior features: None
- Fencing: Fenced
- Has view: Yes
- View description: City, Downtown
Lot
- Size: 6,098.4 Square Feet
- Features: Level, Corner Lot
Details
- Parcel number: 381700 101.69712
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Brick
- Roof: Flat
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Security Service, Security Fence, Fire Sprinkler System, Fire Escape, Smoke Detector(s), Carbon Monoxide Detector(s), Fire Alarm
HOA
- Has HOA: No
Location
- Region: Troy
Financial & listing details
- Price per square foot: $192/sqft
- Annual tax amount: $17,360
- Date on market: 3/21/2025
- Ownership: Washington Lofts
- Tenant pays: Electricity, Gas
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