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.
Active
$725,000
22 2nd Avenue, Troy, NY 12180
12beds
4,508sqft
Multi Family, Apartment
Built in 1920
-- sqft lot
$706,500 Zestimate®
$161/sqft
$-- HOA
What's special
- 19 days
- on Zillow |
- 272 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 04:09pm
Listing by:
Coldwell Banker Prime Properties 518-370-2100,
Bryan Permaul 518-221-6037,
Mohini Amazalum 518-704-1056,
Coldwell Banker Prime Properties
Source: Global MLS,MLS#: 202514778
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
- Baseboard, Electric, Natural Gas
Features
- Basement: Full
Interior area
- Total structure area: 4,508
- Total interior livable area: 4,508 sqft
- Finished area above ground: 4,508
- Finished area below ground: 0
Property
Features
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 381700 90.46228
- Zoning description: Multi Residence
- Special conditions: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Aluminum Siding
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Troy
Financial & listing details
- Price per square foot: $161/sqft
- Annual tax amount: $10,901
- Date on market: 4/7/2025
- Loading
- Loading
