277 Congress Street, Troy, NY 12180

New - 21 Hours Ago
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Property Description

Rare opportunity to own a beautifully maintained, high-quality turnkey student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, quality furnishings, modern amenities, and excellent tenant appeal.The property features three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation, gatherings, and relaxation.The updated back deck and green backyard offer additional outdoor space for tenants to enjoy. Prospect Park is directly across the street, with a convenient store nearby.Prime location within walking distance of RPI campus and Troy's downtown, providing convenient access to campus, restaurants, shops, entertainment, and downtown amenities. The property has a strong history of being fully leased, reflecting established demand for quality RPI student housing.Highlights: 11 bedrooms; 4 bathrooms; 3 HVAC systems; on-demand hot water heaters; turnkey condition; high-end furniture; stainless-steel appliances; enclosed patio/entertainment room; updated back deck; green backyard; Prospect Park across the street; walking distance to RPI and Troy downtown; strong history of full occupancy; approx. $92K gross annual rental income.Proof of income and/or financial qualification is required prior to scheduling a showing. Showings by appointment only. Qualified buyers and investors are encouraged to inquire.

277 Congress Street | MLS# 202625554

This multi-family property located at 277 Congress Street, Troy, NY 12180 is currently listed for sale with an asking price of $999,000. Congress Street is located within the Troy school district. Search Troy real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Bilco Doors, Crawl Space, Full, Pillar/Post/Pier, Slab, Sump Pump, Unfinished, Walk-Out Access
Basement: Yes
Cooling: Central Air
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.12 Acres
Roof Type: Flat
Taxes: $5,295
Year Built: 1910

Feature Descriptions

Doors: ENERGY STAR Qualified Doors, French Doors
Exterior: Brick
Fencing: Back Yard, Partial
Flooring: Hardwood
Foundation: Brick/Mortar, Stone
Interior: Walk-In Closet(s)
Lot: Wooded
Parcel #: 381700 101.63-7-3
Parking: Off Street, Driveway
Parking Total: 2
Parking Total: 2
Patio/Porch: Rear Porch, Covered, Enclosed
Security: Smoke Detector(s)
Sewer: Public Sewer
Special View Info: Trees/Woods, Hills
SQFT Above Grade Finished: 3650
Water: Public
Windows: Double Pane Windows, Blinds, Curtain Rods
Wooded: Yes

Local Schools

School District: Troy

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Estimated Payment

$ 2,955.97 per month $2,223.34 Principal & Interest $441.25 Property Tax $291.38 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Capital Elite Realty Group LLC
Agency Phone: 1 518-776-8898

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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