556 2nd Street, Troy, NY 12180

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Property Description

Turnkey investment opportunity in the heart of Troy! This multifamily property features major capital improvements already completed by the owner, including a NEW roof and boilers, offering peace of mind & reduced future expenses.Each unit is ideal for renters, featuring spacious floor plans, dishwasher, and in-unit laundry - all highly desirable amenities that enhance everyday living and rental appeal. Total monthly rental income can exceed $2,500 for the building. Both units are currently vacant, offering flexibility for owner occupants or the option to place screened tenants.Conveniently located with easy access to downtown Troy, RPI, shops, restaurants, & major highways. With strong rental demand, solid mechanical updates, and immediate income potential, this is a smart addition to any portfolio.Don't miss the opportunity to own a cash flowing property with minimal expenses & the heavy lifting already done. Property sold as is!

556 2nd Street | MLS# 202611380

This multi-family property located at 556 2nd Street, Troy, NY 12180 is currently listed for sale by Coldwell Banker Prime Properties, with an asking price of $199,999. 2nd 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: Full, Interior Entry, Unfinished
Basement: Yes
Cooling: None
Heating: Baseboard, Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.06 Acres
Roof Type: Flat
Taxes: $3,200
Year Built: 1890

Feature Descriptions

Days on Site: 28
Exterior: None
Exterior: Vinyl Siding
Fencing: Back Yard, Chain Link
Flooring: Vinyl, Tile
Interior: Built-in Features
Laundry: Electric Dryer Hookup, Main Level, Upper Level, Washer Hookup
Lot: Level, Cleared
Parcel #: 381700 111.52-8-19
Parking: None
Sewer: Public Sewer
SQFT Above Grade Finished: 1754
Water: Public

Local Schools

School District: Troy

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Estimated Payment

$ 770.11 per month $445.11 Principal & Interest $266.67 Property Tax $58.33 Homeowner's Insurance

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Listed By / Shown By

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Listing By

Agency Name: Coldwell Banker Prime Properties
Agency Phone: 1 518-427-9000
Agent Name: Brianna Huynh
Agent Phone: (518) 925-3431 Cell

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