Refine Search
Sort by
727 Burden Avenue, Troy
$185,000
7 Beds ⋅ 2 Baths ⋅ 202626448 MLS
Welcome to 727 Burden Ave Troy, a spacious two-family property offering an excellent opportunity for investors, owner-occupants, or those seeking flexible multi-generational living. 10.7% CAP RATE with a reported market range of 13.3% to 18.5%. The first-floor unit offers 3 bedrooms, 2 full bathrooms, two living rooms, and an additional room suitable for an office, storage, or flex space. The second-floor unit features 4 bedrooms and 2 living rooms, creating a generous layout for residents. Both units are currently rented, with reported combined rental income of $2,200 per month. Separate electric, gas, heat, water heater, and water utilities provide added convenience for tenants and ownership. The full basement adds valuable versatility with exterior access, finished and unfinished areas, a bathroom stub-in, and kitchen rough-in. The basement is not a separate apartment, and the property is zoned as a commercial two-family. The additional space offers potential for storage, workspace, recreation, or other permitted uses. Conveniently located in Troy's Capital Region, residents are near shopping, dining, recreation, education, and entertainment. Nearby destinations include Hudson River Commons, Hudson Valley Plaza, Prospect Park, Frear Park, and Riverfront Park. Downtown Troy offers restaurants, local shops, the Troy Waterfront Farmers Market, Troy Savings Bank Music Hall, and Hart Cluett Museum. Educational institutions including Rensselaer Polytechnic Institute, Hudson Valley Community College, and Russell Sage College add to the area's appeal. An opportunity to explore for investors seeking a spacious two-family property with established rental income, separate utilities, substantial basement space, and convenient access to all that Troy has to offer. Review the Income & Expense Sheet for additional financial information.

727 Burden Avenue, Troy

612 Pawling Avenue, Troy
$189,777
3 Beds ⋅ 1 Baths ⋅ 202625744 MLS
Welcome to the Cottage in the City! Discover affordable living in Troy's desirable Albia neighborhood. Located on Pawling Avenue yet tucked away on a private lane, this charming home offers a wonderful blend of convenience, comfort, and privacy. The main level features an inviting open floor plan connecting the living room, kitchen, and dining area, along with a convenient first-floor bedroom, full bathroom, and laundry/pantry area. Upstairs, you'll find a spacious bedroom plus the third bedroom or additional room perfect for a nursery, den, home office. Numerous updates add to the home's appeal, including 1st floor down to the studs renovation, with new insulation, 5/8" fire rated sheet rock, a newer natural gas furnace, updated electrical panel, fresh flooring, select replacement windows, a new water service line, and a new grinder pump. Outside, enjoy the large, private front porch and fully fenced yard, offering space to relax, entertain, or enjoy the outdoors. Whether you're a first-time homebuyer, looking to downsize, or searching for an affordable alternative to renting, this charming city cottage is full of potential. Conveniently located near local amenities, this is a wonderful opportunity to own a home in Troy's desirable Albia neighborhood. Don't miss it!

612 Pawling Avenue, Troy

893 River Street, Troy
$188,000
6 Beds ⋅ 2 Baths ⋅ 202625401 MLS
Here's a chance to own a piece of Troy history. Built in 1885, this classic brick two-family at 893 River St offers 2,632 square feet with a practical layout investors and owner-occupants both love: each floor has 3 bedrooms and 1 bath, so you can live in one unit and rent the other, or hold both as rentals in a city where rental demand stays strong. The second floor has a new furnace, and the first floor comes with a long-term tenant already in place at $865/month — income from day one for an investor, or move into the second floor yourself and let the first floor help carry the mortgage. At $188,000 this is an affordable entry into Troy's historic housing stock — 19th-century character, a North Central location minutes from downtown, and a price point that leaves room to improve and build equity. Why Troy: Troy is a Hudson River city with one of the most intact Victorian downtowns in the country — its cast-iron River Street architecture is often compared to SoHo, and its streets regularly double as a movie set. Saturday mornings bring the year-round Troy Waterfront Farmers Market to River Street, and the calendar fills out with the River Street Festival, Rockin' on the River summer concerts, Troy Night Out on the last Friday of each month, and the Victorian Stroll in December. The Troy Savings Bank Music Hall anchors the arts scene, and galleries, cafes, and restaurants line downtown's walkable core. For everyday life, you're in the Capital Region: RPI and Hudson Valley Community College nearby, Albany's employers and the Albany-Rensselaer Amtrak station just across the river, and Prospect Park's Hudson views a short trip away.

893 River Street, Troy

326 9th Street, Troy
$314,999
8 Beds ⋅ 2 Baths ⋅ 202625169 MLS
Turnkey and completely remodeled two-family offering an incredible amount of space. Each unit features a massive 4-bedroom layout, making this property an excellent opportunity for investors or owner-occupants looking for strong rental potential and spacious living. Extensive renovations have been completed throughout, including updated plumbing and electrical, modern kitchens, beautifully finished bathrooms with tiled showers, and fresh finishes throughout. Each unit also features Navien heat and hot water systems, providing efficient, modern mechanicals and separate comfort for both units. With 8 total bedrooms, oversized units, and major updates already completed, this property offers the combination of size, quality, and versatility that's hard to find in Troy. Whether you're looking to add a turnkey multifamily to your portfolio or live in one unit while renting the other, 326 9th Street is ready to go.

326 9th Street, Troy

16 Billings Avenue, Troy
$189,900
3 Beds ⋅ 1 Baths ⋅ 202625059 MLS
**BOM pending releases - NO fault of the sellers or the home's condition. Purchasers could not secure financing.** Discover the space, convenience, and outdoor appeal of **16 Billings Ave.**, ideally situated on Troy's East Side, just minutes from the restaurants, shops, entertainment, and everyday conveniences of Main Street. Step inside to a bright and functional open-concept layout designed for comfortable everyday living and easy entertaining. The home has been refreshed with **brand-new Pergo flooring throughout, along with new flooring in the kitchen**, giving the interior a clean, modern feel from room to room. The kitchen offers a fresh, updated space that flows seamlessly into the main living areas. Outside, the property truly stands out. Enjoy a **private backyard, spacious deck, and walkout basement**, creating multiple opportunities for outdoor gatherings, entertaining, relaxing, or simply enjoying your own private space. With an abundance of living space, thoughtful updates, and a location close to everything Troy has to offer, **16 Billings Ave. is an opportunity you won't want to miss.**

16 Billings Avenue, Troy

47 Pointview Drive, Troy
$339,000
4 Beds ⋅ 2 Baths ⋅ 202624968 MLS
Just re-priced with a major price improvement, and the seller is motivated. No open house this weekend — private showings welcome. Come see it at the new price. Move-in ready 4-bedroom Colonial near Frear Park in Troy, offering 1,635 sq. ft. per public record. Beautifully refreshed from top to bottom, this home features a new roof, new windows, fully renovated bathrooms, fresh interior paint, and beautifully refinished hardwood floors throughout much of the home. The freshly painted kitchen features new vinyl flooring, while the basement has also been refreshed with new vinyl flooring, offering additional space for a variety of uses. Classic details, including a wood-burning fireplace, built-in bookcases, and a formal dining room, add warmth and character throughout. Outside, enjoy a large, flat, and private backyard with plenty of space for entertaining, gardening, play, or simply relaxing. The location offers the best of both worlds: a quiet, established residential neighborhood with Frear Park and its golf course within walking distance, while RPI, Downtown Troy, the YMCA, shopping, dining, and everyday conveniences are all nearby. Easy access to Hoosick Street/Route 7 provides convenient connections throughout the Capital Region and north toward Saratoga. Whether you're looking for a move-in ready home to call your own or a property with long-term investment potential, this home offers a great combination of location, condition, usable space, and value. Fresh, spacious, beautifully updated, and ready for its next owner.

47 Pointview Drive, 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

345-349 4th Street, Troy
$262,500
4 Beds ⋅ 2 Baths ⋅ 202623814 MLS
NEW PRICE! Income-producing two-family property generating $33,000 in annual rental income! Offered at $262,500, this spacious Troy property presents an excellent opportunity to add an established rental property to your investment portfolio. Featuring approximately 2,210 square feet of living space, both units are currently tenant-occupied, providing immediate rental income for the next owner. Separate utilities add to the property's investment appeal. Situated on an oversized corner lot, the property features a generous fenced-in yard backing to the Poestenkill Creek, offering a unique combination of outdoor space and income-producing potential. Whether you're a seasoned investor or looking to purchase your first multifamily property, this two-family offers existing rental income, a spacious layout, and long-term investment potential.

345-349 4th Street, Troy

57 Mann Avenue, Troy
$213,500
3 Beds ⋅ 3 Baths ⋅ 202623014 MLS
Tastefully updated throughout & located on a quiet corner lot. This recently renovated home has an Eat-in kitchen with granite countertops, newer stainless steal appliances & cabinets. Large living & formal dining room both with refinished hardwood floors and many sun filled windows. 1 full & 1 half newer bathrooms also on 1st floor. Newer washer & dryer in Laundry Room conveniently located on first floor. Second floor Primary suite w/ walk in closet & Large tiled Full Bathroom w/ custom barn door entry. 2nd bedroom also on 2nd floor with walk in closet. 3rd floor Bedroom makes the perfect storage area or hang out too! utility basement only. Walk thru back porch with storage closet to large fenced-in yard with Shed & firepit area. New Tankless hot water system. Off street parking! Just a walk to the City of Troy pool! 1 mile from HVCC.

57 Mann Avenue, Troy

161 5th Avenue, Troy
$230,000
7 Beds ⋅ 2 Baths ⋅ 202622561 MLS
Excellent investment opportunity in Troy, NY! This fully occupied two-unit property consist of 1st floor 4 bd. apt.2 living rooms, eat in kitchen, and full bathroom.2nd unit consist of 2floors.{second floor and 3rd floor)Which has 3 bedrooms, 5 liv rooms,eat in kit.,and full bathroom.Both units generate over $38,400 anually.2nd floor was partially renovated 2 years ago .All units sep. utilities. 1st floor tenant has occupied unit for 5 yrs plus. Landlord is responsible for water and trash bills. This is and excellent opportunity for and investor whom is looking to extend There portfolio. Investors who are int. in more than 1 property may combine this deal with others that are offered by the same seller. in Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180

161 5th Avenue, Troy

2215-2217 5th Avenue, Troy
$360,000
5 Beds ⋅ 3 Baths ⋅ 202621543 MLS
Welcome to 2215 5th Avenue, a thoughtfully updated side-by-side two-family home offering the perfect blend of owner-occupancy flexibility and investment potential. Renovated in 2020, this unique property provides enhanced privacy with no neighbors living above or below. The spacious primary residence lives like a single-family home, featuring 4 bedrooms, 2 full bathrooms, soaring ceilings, multiple living and lounge areas, and an in-unit washer and dryer. A first-floor bedroom and full bath make it ideal for multigenerational living, guests, or anyone seeking the convenience of first-floor living. The flexible layout also provides space for a home office or future rental opportunities. The adjoining 1-bedroom, 1-bathroom unit is currently vacant but can be offered occupied. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional income, this property offers exceptional versatility. The side-by-side design creates a level of privacy rarely found in traditional multi-family homes. Modern updates, expansive bedrooms, and owned solar panels add long-term value while helping reduce utility costs. Located just blocks from Troy's exciting new developments and revitalization projects, you'll also enjoy walking distance to downtown Troy's award-winning restaurants, cafés, boutique shopping, entertainment, the renowned Troy Waterfront Farmers Market, and year-round events. With one unit already generating income and the larger residence offering multiple living options, this property is well-positioned for potential strong rental demand and long-term appreciation. A rare opportunity to own a move-in-ready multi-family in one of Troy's most walkable and rapidly growing neighborhoods. Back on the market! The previous buyer withdrew without providing a reason, creating another opportunity to purchase 2215-2217 5th Avenue in Troy. Contact us for details or to schedule a showing.

2215-2217 5th Avenue, Troy

421 4th Street, Troy
$364,900
8 Beds ⋅ 4 Baths ⋅ 202620327 MLS
This well-maintained building features updated electrical, PEX plumbing, tankless water heaters, high-efficiency gas forced-air heating systems, updated flooring, fixtures, appliances, insulation, sheetrock, and trim throughout. The second-floor unit offers attractive skylights, while tenants enjoy access to a shared laundry room with coin-operated washers and dryers. Additional features include a sump pump, fully fenced backyard, deck, and storage shed. Professionally maintained with all required permits and fire safety systems in place. Conveniently located near shopping, dining, public transportation, and major roadways. A turnkey investment with immediate rental income, strong occupancy history, and long-term upside. Excellent Condition.

421 4th Street, Troy

516 Pawling Avenue, Troy
$250,000
6 Beds ⋅ 2 Baths ⋅ 202616313 MLS
We are back!!! 516 Pawling Ave is a well-positioned two-family home in Eastside Troy offering flexible living and income opportunities. The property features 6 bedrooms and 2 full baths across more than 3,000 sq ft on a 0.10-acre lot. Each unit includes a welcoming front porch and there is a usable backyard for outdoor space. Recent updates include NEW hot water tanks installed in 2025. This home presents a solid value-add opportunity for investors or owner-occupants seeking rental income potential and the ability to customize to taste. Excellent transit access and easy connections to major highways add to the appeal, with convenient proximity to neighborhood amenities. Cosmetic updates will maximize comfort and return. Sold in its current condition; seller will not make repairs. AI-assisted photo editing used to optimize lighting and presentation (no structural changes).

516 Pawling Avenue, Troy

©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated

How much is your home worth?

Get instant property value now!