462-470 2nd Avenue, Troy, NY 12182

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Property Description

Rare opportunity to own nearly half block of meticulously maintained 12 units apartment.See the high end apartments with exquisite wood work, finishes, fixtures & exposed brick walls. The buildings are surrounded by gardens and open space, on the corner across from Stewart's and CVS, cross the 112th street bridge to Cohoes. Minutes to Downtown Troy, 787 and Rt 7. Many long term tenants provide steady income. Current cap rate 6.9% with a high market cap rate of 8.7%.

462-470 2nd Avenue | MLS# 202613763

This multi-family property located at 462-470 2nd Avenue, Troy, NY 12182 is currently listed for sale with an asking price of $2,400,000. 462-470 2nd Avenue is located within the Lansingburgh school district. Search Troy real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Window Unit(s)
Garage: 2
Heating: Baseboard, Forced Air, Hot Water, Natural Gas
Home Style: Other
Lot Size: 0.42 Acres
Roof Type: Rubber, Shingle
Taxes: $40,611
Year Built: 1890

Feature Descriptions

Days on Site: 2
Exterior: Other, Brick, Vinyl Siding
Exterior: Garden
Fencing: Back Yard
Flooring: Tile, Hardwood
Foundation: Other
Interior: Vaulted Ceiling(s), Cathedral Ceiling(s)
Parcel #: 80.63-12-9
Parking: Detached, Garage
Parking Total: 2
Parking Total: 2
Sewer: Public Sewer
SQFT Above Grade Finished: 7885
Water: Public

Local Schools

School District: Lansingburgh

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Estimated Payment

$ 9,425.61 per month $5,341.36 Principal & Interest $3,384.25 Property Tax $700.00 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Capital Inc
Agency Phone: 1 518-371-4500

Shown By

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

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