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Listed by Kathy A Johnson • Monticello

$ 750,000

Est. payment -/mo

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Active

1809 5th Avenue Troy, NY 12180

3 Beds

5 Baths

4,752 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,752 sqft

Price per Sqft $157

MLS Listing ID 202627229

Bedrooms 3

Full Baths 3

Half Baths 2

HOA Y/N No

Year Built 1927

Annual Tax Amount $14,431

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Quadruplex

Source Global MLS

Property Description

PRIME, FULLY LEASED MIXED-USE INVESTMENT OPPORTUNITY IN DOWNTOWN TROY! Located just steps away from RPI and Russell Sage College, this 4,752 sq. ft. building offers an unbeatable combination of stable residential and commercial income from day one. The property features two spacious apartments positioned above a highly visible, established ground-floor restaurant space and 2nd floor hair salon with a proven lease history, capitalizing on the area's high student and young professional rental demand.

A savvy investor will appreciate the major, high ticket capital improvements that significantly lower future cap - ex, including a 3 year old roof, a brand new main sewer line, and modern, highly efficient mini split heating and cooling systems installed in all apartments. With separate utilities, low maintenance mechanicals. and a premier urban location surrounded by Troy's vibrant dining and shopping district, this asset is a powerhouse addition to any real estate portfolio. Schedule your walkthrough today!

Location

State NY

County Rensselaer

Zoning Mixed

Direction Downtown Troy. 5th Ave between Fulton and Broadway.

Interior

Heating Ductless, Hot Water, Radiant, Natural Gas

Flooring Carpet, Ceramic Tile, Hardwood, Linoleum

Exterior

Exterior Feature Other

Roof Type Rubber

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

School District Troy

Others

Tax ID 381700 101.53-5-8

Special Listing Condition Standard

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Empire Real Estate Firm LLC

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+1(518) 662-7653 | admin@empirerealestatefirm.com

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