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278 River Street, Troy
$419,900
4 Beds ⋅ 3 Baths ⋅ 202629217 MLS
Troy has a way of making you fall for its historic brick buildings, timeless architecture and beautiful riverfront charm. Now, you have the opportunity to own a piece of it. Located in the heart of downtown Troy, this distinctive three-story mixed-use building offers a unique blend of historic character and investment potential, with a connection to the Capital Region's filming of HBO's The Gilded Age. The ground-floor storefront is a blank canvas ready for your vision. Imagine a professional office, boutique, creative studio or neighborhood restaurant with your name on the door. Complimentary parking adds convenience in a bustling downtown setting. Above, the second and third floors each feature a two-bedroom, one-bathroom apartment with room to personalize and explore different layouts, including the possibility of loft-inspired living. Neither apartment has previously been rented, offering a fresh opportunity for an investor to establish rental income. Projected rent is approximately $2,900 per apartment. The possibilities are plentiful. Operate your business downstairs while generating rental income from the apartments, live in one unit while renting the other, or explore leasing all three levels as a mixed-use investment. Whether you're an experienced investor or looking to expand your portfolio, this property offers flexibility and exciting potential in one of the Capital Region's most distinctive downtown districts. Step outside and enjoy everything Troy has to offer, from the beloved Troy Waterfront Farmers Market and local restaurants to independent boutiques, historic landmarks and the Hudson River waterfront. With its rich history, vibrant arts scene and distinctive architecture, downtown Troy continues to attract residents, entrepreneurs and visitors alike. Bring your vision to life and discover the possibilities of owning a unique piece of downtown Troy.

278 River Street, Troy

278 - 280 River Street, Troy
$419,900
3 Baths ⋅ 202629078 MLS
Troy has a way of making you fall for its historic brick buildings, timeless architecture and beautiful riverfront charm. Now, you have the opportunity to own a piece of it. Located in the heart of downtown Troy, this distinctive three-story mixed-use building offers a unique blend of historic character and investment potential, with a connection to the Capital Region's filming of HBO's The Gilded Age. The ground-floor storefront is a blank canvas ready for your vision. Imagine a professional office, boutique, creative studio or neighborhood restaurant with your name on the door. Complimentary parking adds convenience in a bustling downtown setting. Above, the second and third floors each feature a two-bedroom, one-bathroom apartment with room to personalize and explore different layouts, including the possibility of loft-inspired living. Neither apartment has previously been rented, offering a fresh opportunity for an investor to establish rental income. Projected rent is approximately $2,900 per apartment. The possibilities are plentiful. Operate your business downstairs while generating rental income from the apartments, live in one unit while renting the other, or explore leasing all three levels as a mixed-use investment. Whether you're an experienced investor or looking to expand your portfolio, this property offers flexibility and exciting potential in one of the Capital Region's most distinctive downtown districts. Step outside and enjoy everything Troy has to offer, from the beloved Troy Waterfront Farmers Market and local restaurants to independent boutiques, historic landmarks and the Hudson River waterfront. With its rich history, vibrant arts scene and distinctive architecture, downtown Troy continues to attract residents, entrepreneurs and visitors alike. Bring your vision to life and discover the possibilities of owning a unique piece of downtown Troy.

278 - 280 River Street, Troy

260 3rd Avenue, Troy
$250,000
6 Beds ⋅ 2 Baths ⋅ 202626807 MLS
PRICE IMPROVED AND READY TO GO! 9.98% CAP RATE! Don't miss this fantastic investment opportunity in Lansingburgh! This well-maintained duplex offers an attractive 9.98% cap rate, strong rental history, and two spacious flats, each featuring 3 bedrooms and 1 full bathroom. Both units are currently occupied on month-to-month leases, providing flexibility for the next owner. Enjoy unobstructed views of the Hudson River and a private yard—a rare combination for a city property! Garage off alley, complete with new roof! Whether you're looking to expand your investment portfolio or explore owner-occupancy potential, this property offers income, versatility, and value. The current owner's mortgage does not require flood insurance. Buyer/buyer's agent should independently verify the property's flood zone designation and any applicable flood insurance requirements.

260 3rd Avenue, Troy

105 2nd Avenue, Troy
$398,900
7 Beds ⋅ 3 Baths ⋅ 202624664 MLS
Investment Opportunity in Troy! Welcome to 105 Second Avenue, a well-maintained three-unit property offering strong income potential in a convenient Troy location. This property was freshly rehabbed a few years ago, providing investors with an excellent opportunity to own a turnkey-style income property without taking on a major renovation project. Featuring river views, the property offers an appealing combination of location, condition, and income-producing potential. Situated within the City of Troy and directly along an active bus line, tenants can enjoy convenient access to transportation, shopping, dining, employment centers, and the many amenities Troy has to offer. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking an owner-occupied investment, this three-unit property provides flexibility and opportunity. Live in one unit while generating rental income from the others, or position the entire property as a strong income-producing asset. Priced at $399,000, this is an opportunity to add a recently rehabbed, multi-unit property with river views and excellent accessibility to your portfolio. Don't miss your chance to take advantage of this Troy investment opportunity!

105 2nd Avenue, Troy

715 2nd Avenue, Troy
$199,900
3 Beds ⋅ 3 Baths ⋅ 202617999 MLS
NEW & IMPROVED! Fantastic opportunity to own a spacious up-and-down duplex in a great Troy location! The first-floor unit features 1 bedroom and 1 full bath, while the generously sized second-floor unit offers 2 bedrooms, 1.5 baths, and a unique multi-level layout. Highlighted by a newly renovated kitchen, spacious living areas, and a private fenced-in backyard, this property has plenty to offer! Conveniently located right on the bus line. A rare cash-flowing opportunity in today's market, ideal for investors or owner-occupants alike! BEST OF ALL, the existing FHA mortgage is assumable at an incredible 3.25% interest rate, subject to lender approval and qualification! Flood insurance required. Both units to be delivered vacant, offering immediate flexibility for the next owner. Don't miss this opportunity. Schedule your private showing today!

715 2nd Avenue, Troy

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