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$919,000
11 Beds 8 Baths 202622052 MLS
A rare opportunity to own a truly one-of-a-kind multifamily investment! Originally built as a school, 9 High Street has been thoughtfully converted into eight oversized New York City loft-style apartments, each offering approximately 1,700 square feet of living space--far larger than the typical rental unit. With monthly rents totaling $9,100 & separate utilities - the spacious layouts, high ceilings, and unique architectural character create an exceptional living experience that sets this property apart from the competition. Whether you're looking to expand your investment portfolio or acquire a standout income-producing asset, this property offers a compelling combination of historic charm and modern functionality. Located in the heart of Hoosick Falls with convenient access to local amenities and major commuter routes, opportunities to own an apartment building of this size and character are few and far between. Don't miss your chance to own this landmark property with tremendous income and long-term appreciation potential.

9 High Street

$2,200,000
15 Baths 202617079 MLS
Excellent 16-unit, 14 residential one-bedroom apartment building with 2 ground-floor commercial spaces in the heart of Troy, offering strong in-place cash flow and the potential to achieve an 8.61%+ cap rate. This prime downtown location is walkable to local favorites like The Ruck and Manory's, and sits directly next door to Vicina Urban Flats by Rosenblum Companies, where one-bedroom apartments start at $1,792/month. The property is minutes from both Russell Sage College and Rensselaer Polytechnic Institute and is steps from a major bus line, making it highly attractive to tenants. The fully leased commercial storefronts are occupied by a laundromat and a hair salon, providing additional diversified income. A rare opportunity to own a well-located, mixed-use asset in one of the Capital Region's strongest rental markets.

150 4th Street

$1,210,000
7 Beds 7 Baths 202616950 MLS
Huge investment portfolio for sale w/ Hudson River views! 4 addresses, 7 Forbes (duplex) 9-11 Forbes (4 unit) 3 Central (single family) 1 Washington (vacant city block) Rensselaer NY 12144. Total of 7 units fully occupied 100k+ annual rent w/ potential to develop or sell land. All units are 1 bed 1 bath w/ separate utilities, washer dryer hookups, private fenced parklike backyard & 5 off street parking spaces. On the charming north side of Rensselaer convenient to the river rail & road systems (500 ft to public boat launch, 1.3 miles to Albany-Rensselaer Amtrak, .8 of a mile to I-90). Advantageous location nearby massive developments & Livingston Ave bridge replacement (w/ pedestrian / bike path). Owner will consider seller financing.

7-11 Forbes Avenue

$1,625,000
46 Beds 17 Baths 202614769 MLS
17-unit multifamily portfolio located in South Troy consisting of three buildings and a separate vacant parcel with development potential. The unit mix includes twelve 3-bedroom units, four 2-bedroom units, and one 1-bedroom unit (45 total bedrooms). Approximately 75% of units have seen updates over the past ~2.5 years. Of the five vacant units, three are rent-ready and two are in the process of being turned over. Utilities are separately metered. The 4th St buildings also have separately metered water and sewer, providing the option to pass these expenses through to tenants. The portfolio includes a shared parking area and on-site laundry for tenant convenience. Zoned MU-1, the vacant parcel offers additional flexibility for future development (buyer to verify). Offered as a portfolio.

38 Tyler Street

$639,000
14 Beds 6 Baths 202614113 MLS
Welcome to 278-280 4th Street, a Six unit multi-family investment opportunity in the heart of Little Italy in Troy. This property features separate utilities for all units, making management simple and expenses easier to allocate. It is almost fully rented, offering immediate income potential and strong cash flow for investors seeking a stabilized asset. The building includes a mix of 2 bed and 3 bed units, many of which have been recently renovated, reducing near term capital needs while enhancing tenant appeal. Tenants also enjoy access to a shared backyard, providing outdoor space that adds to the property's desirability. 278-280 4th St is just half a block from the beloved DeFazio's Pizzeria, a destination that draws consistent activity to the area. Residents also benefit from close proximity to downtown Troy's restaurants, shops, farmers market, and entertainment options, plus convenient access to major roadways for commuting. As an added opportunity, this property is part of a 14-unit investment portfolio, with all buildings located within close walking distance. All units across the portfolio feature separate utilities, allowing for simplified management and cleaner expense allocation. The portfolio is being offered together for $1,534,000, presenting a rare opportunity for investors to acquire multiple assets in one concentrated location, supporting operational efficiency and streamlined management. Additional properties included in this portfolio are listed below. 308 4th Street (3 Units) 276 3rd Street (5 Units)

278-280 4th Street

$1,210,000
7 Baths 202613952 MLS
Huge investment portfolio for sale w/ Hudson River views! 4 addresses, 7 Forbes (duplex) 9-11 Forbes (4 unit) 3 Central (single family) 1 Washington (vacant city block) Rensselaer NY 12144. Total of 7 units fully occupied 100k+ annual rent w/ potential to develop or sell land. All units are 1 bed 1 bath w/ separate utilities, washer dryer hookups, private fenced parklike backyard & 5 off street parking spaces. On the charming north side of Rensselaer convenient to the river rail & road systems (500 ft to public boat launch, 1.3 miles to Albany-Rensselaer Amtrak, .8 of a mile to I-90). Advantageous location nearby massive developments & Livingston Ave bridge replacement (w/ pedestrian / bike path). Owner will consider seller financing.

7-11 Forbes Avenue

$1,450,000
7 Baths 202527051 MLS
Immaculately maintained, circa 1840, 9,171 SF brick building in the heart of downtown Troy. This three-story gem features private offices, conference rooms, reception, and office cubicles throughout, plus 1-2 bathrooms per floor. The top floor, once an apartment, includes a kitchen, two full baths, front balcony, and rear deck—ideal for live/work use. Elevator access to all floors, including the basement with a two-car garage and former spa space (now a bullpen of offices). Rear surface parking for 5-6 cars. ADA-compliant rear entry lift. Perfect for owner-occupant professional use or investor redevelopment into multifamily housing. Parking lot at 47 3rd St. and mixed use building at 45 3rd St. across alleyway also for sale by same owner.

28 2nd Street, Troy

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