Mycapitalregionhomes.com Search Results

This versatile two-family home in the heart of South Troy features a spacious 3-bedroom unit on the first floor and a 2-bedroom unit on the second floor, offering an ideal setup for an owner-occupant or an investor. 1st floor is currently vacant and the 2nd unit is rented for $1100/month. Conveniently located near everything downtown Troy has to offer! Schedule your showing today! More pics of the 2nd unit to come!

5 Beds ⋅ 2 Baths ⋅ 202627209 MLS

This versatile two-family home in the heart of South Troy features a spacious 3-bedroom unit on the first floor and a 2-bedroom unit on the second floor, offering an ideal setup for an owner-occupant or an investor. 1st floor is currently vacant and the 2nd unit is rented for $1100/month. Conveniently located near everything downtown Troy has to offer! Schedule your showing today! More pics of the 2nd unit to come!

101 Madison Street, Troy

$999,900

INVESTOR ALERT! This fantastic property is a great money maker, with a 9+ Cap Rate! Eight fully rented units in four buildings on a one-acre village lot with approximately 122,500 thousand in annual gross income. Village-approved plans and permits are already in place to convert the garage into two two-bedroom apartments along with County-approved septic plans. Additional septic plans allow for the possible conversion of the unfinished basement into another 2-bedroom apartment pending town approval. Recent improvements include new siding on all buildings, new or recoated roofs, and four new electric services. 6 of the 8 units have been renovated; kitchens, baths, appliances, lighting, water heaters, vinyl plank flooring, and freshly painted. The property includes two up-and-down duplexes and two side-by-side duplexes. The lot extends from Chatham Street to Johns Street, with the Rail Trail near the rear entrance and village shops and restaurants close by. Buyers should verify income, expenses, approvals, and expansion potential. 10 minutes to East Greenbush. 20 minutes to Rensselaer and downtown Albany.

16 Beds ⋅ 9 Baths ⋅ 202627171 MLS

INVESTOR ALERT! This fantastic property is a great money maker, with a 9+ Cap Rate! Eight fully rented units in four buildings on a one-acre village lot with approximately 122,500 thousand in annual gross income. Village-approved plans and permits are already in place to convert the garage into two two-bedroom apartments along with County-approved septic plans. Additional septic plans allow for the possible conversion of the unfinished basement into another 2-bedroom apartment pending town approval. Recent improvements include new siding on all buildings, new or recoated roofs, and four new electric services. 6 of the 8 units have been renovated; kitchens, baths, appliances, lighting, water heaters, vinyl plank flooring, and freshly painted. The property includes two up-and-down duplexes and two side-by-side duplexes. The lot extends from Chatham Street to Johns Street, with the Rail Trail near the rear entrance and village shops and restaurants close by. Buyers should verify income, expenses, approvals, and expansion potential. 10 minutes to East Greenbush. 20 minutes to Rensselaer and downtown Albany.

14 Chatham Street, Nassau

$2,400,000

Rare opportunity to own nearly half block of meticulously maintained 12 units apartment.See the high end apartments with exquisite wood work, finishes, fixtures & exposed brick walls. The buildings are surrounded by gardens and open space, on the corner across from Stewart's and CVS, cross the 112th street bridge to Cohoes. Minutes to Downtown Troy, 787 and Rt 7. Many long term tenants provide steady income. Current cap rate 7% with a high market cap rate of 8.7%.

18 Beds ⋅ 14 Baths ⋅ 202626830 MLS

Rare opportunity to own nearly half block of meticulously maintained 12 units apartment.See the high end apartments with exquisite wood work, finishes, fixtures & exposed brick walls. The buildings are surrounded by gardens and open space, on the corner across from Stewart's and CVS, cross the 112th street bridge to Cohoes. Minutes to Downtown Troy, 787 and Rt 7. Many long term tenants provide steady income. Current cap rate 7% with a high market cap rate of 8.7%.

462-470 2nd Avenue, Troy

$250,000

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.

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

$400,000

Here's an opportunity to add a well-sized multifamily property to your real estate portfolio in Troy, NY. This three-unit property offers a desirable unit mix consisting of two four-bedroom apartments and one three-bedroom apartment, providing substantial living space across all three units. The larger layouts make this property appealing to a wide range of potential tenants, while the three-unit configuration provides multiple income streams under one roof. Whether you are an investor looking to expand your portfolio, an owner-occupant interested in offsetting housing costs with rental income, or someone looking for their next multifamily project, this property offers plenty of possibilities. The property is ready for a new owner to bring their vision and make the most of what it has to offer. With three generously sized apartments and a strong bedroom count, there is an opportunity to create a property that can serve both tenants and an investor's long-term goals.

11 Beds ⋅ 3 Baths ⋅ 202626482 MLS

Here's an opportunity to add a well-sized multifamily property to your real estate portfolio in Troy, NY. This three-unit property offers a desirable unit mix consisting of two four-bedroom apartments and one three-bedroom apartment, providing substantial living space across all three units. The larger layouts make this property appealing to a wide range of potential tenants, while the three-unit configuration provides multiple income streams under one roof. Whether you are an investor looking to expand your portfolio, an owner-occupant interested in offsetting housing costs with rental income, or someone looking for their next multifamily project, this property offers plenty of possibilities. The property is ready for a new owner to bring their vision and make the most of what it has to offer. With three generously sized apartments and a strong bedroom count, there is an opportunity to create a property that can serve both tenants and an investor's long-term goals.

211 4th Street, Troy

$185,000

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.

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

$217,900

Solid brick two-family home offering 2 off-street parking spaces. Both units have separate utilities. Some new windows throughout. The property has an excellent rental history and has never been vacant until recently. Each unit previously rented for $1,400 per month, with tenants responsible for their own utilities. Unit #1 also offers additional basement finished space, providing the new owner with the opportunity to utilize the area for additional living, recreation, storage, or other permitted uses. A great opportunity for an investor or owner-occupant looking for a solid two-family property with strong rental history.

5 Beds ⋅ 2 Baths ⋅ 202626365 MLS

Solid brick two-family home offering 2 off-street parking spaces. Both units have separate utilities. Some new windows throughout. The property has an excellent rental history and has never been vacant until recently. Each unit previously rented for $1,400 per month, with tenants responsible for their own utilities. Unit #1 also offers additional basement finished space, providing the new owner with the opportunity to utilize the area for additional living, recreation, storage, or other permitted uses. A great opportunity for an investor or owner-occupant looking for a solid two-family property with strong rental history.

356 4th Street, Troy

$272,400

A Very Unique Perfect Owner Occupied or Rental Property, 2 Family with additional 1 bedroom inlaw apt 1st floor. spacious 3 bedroom upper unit, leased . lots of parking and extra lot fenced included. full basement beautiful large yard for entertainment and large gatherings with sliding doors to rear deck. great home for entertaining Vinyl siding Newer vinyl Windows GasHotWater Heat. Easy to View!!

8 Beds ⋅ 2 Baths ⋅ 202626272 MLS

A Very Unique Perfect Owner Occupied or Rental Property, 2 Family with additional 1 bedroom inlaw apt 1st floor. spacious 3 bedroom upper unit, leased . lots of parking and extra lot fenced included. full basement beautiful large yard for entertainment and large gatherings with sliding doors to rear deck. great home for entertaining Vinyl siding Newer vinyl Windows GasHotWater Heat. Easy to View!!

150 5th Avenue, Troy

$109,900

Vacant Troy Duplex with Exceptionally Low Taxes! This two-family property offers plenty of potential for an investor or owner-occupant. The first floor needs work, while the second floor is in much better condition and features updated carpeting. Enjoy a shaded front yard, privacy fence, and large open backyard -- a great amount of outdoor space for a Troy property. The seller has also recently added new support beams in the basement to provide additional support to the existing structure; see photos for details. Property taxes are an incredible under $1,500 annually, an unusually low tax burden for a Troy duplex. Bring your vision and unlock the potential!

3 Beds ⋅ 2 Baths ⋅ 202626057 MLS

Vacant Troy Duplex with Exceptionally Low Taxes! This two-family property offers plenty of potential for an investor or owner-occupant. The first floor needs work, while the second floor is in much better condition and features updated carpeting. Enjoy a shaded front yard, privacy fence, and large open backyard -- a great amount of outdoor space for a Troy property. The seller has also recently added new support beams in the basement to provide additional support to the existing structure; see photos for details. Property taxes are an incredible under $1,500 annually, an unusually low tax burden for a Troy duplex. Bring your vision and unlock the potential!

329 1st Street, Troy

$349,900

Great addition to any investor's portfolio! Solid, brick 4-unit apartment building in historic Troy. 2025 Brand new flat roof & shingle roof. Separate utilities! Tenants pay electric, gas, heat, hot water. Long term tenant and rent can be higher. Detached garage great for additional rental income, or just storage or parking. Plus an additional 4 off-street parking spaces. Fully fenced back yard and extra wide side yard. Mix of 2 bedroom and 1 bedroom units. Most units have laundry hookups.

6 Beds ⋅ 4 Baths ⋅ 202625859 MLS

Great addition to any investor's portfolio! Solid, brick 4-unit apartment building in historic Troy. 2025 Brand new flat roof & shingle roof. Separate utilities! Tenants pay electric, gas, heat, hot water. Long term tenant and rent can be higher. Detached garage great for additional rental income, or just storage or parking. Plus an additional 4 off-street parking spaces. Fully fenced back yard and extra wide side yard. Mix of 2 bedroom and 1 bedroom units. Most units have laundry hookups.

540 2nd Street, Troy

$679,000

Exceptional Investment Opportunity - Turnkey Two-Family + Buildable Lot Near RPI A rare, income-producing asset in Troy's strongest student-housing corridor. 7 & 9 Brunswick Road offers a fully renovated two-family residence plus an adjoining vacant lot--providing stable cash flow, premium finishes, and long-term development potential. The main residence at 7 Brunswick Road features 8 bedrooms and 4 full bathrooms across two modern units. The property underwent a comprehensive renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These full-system upgrades significantly reduce operating costs and result in exceptionally low maintenance expenses. Each unit includes granite countertops, stainless steel appliances, updated flooring, high-end furnishings, and independent HVAC systems, making the building fully turnkey and optimized for student demand. With annual gross rental income of $67k, investors benefit from strong cash flow, proven occupancy, and continued rent-growth potential. The combined double lot provides 8 off-street parking spaces, a major advantage for student tenants. The vacant parcel at 9 Brunswick Road adds meaningful flexibility--ideal for future units, outdoor amenities, or long-term land value. Key Investment Highlights Gross Annual Rental Income: $67,290 8BR / 4BA | 2,672 SF Fully renovated: new electrical, plumbing, insulation, and drywall Extremely low maintenance expenses Furnished and student-optimized Two independent HVAC systems Double lot with 8 parking spaces Vacant buildable parcel included Strong occupancy history Turnkey condition with immediate cash flow A high-performing, income-producing property with built-in development upside--ideal for investors seeking stability, growth, and strategic land value near RPI. Proof of income or financial qualification required before scheduling a showing. Showings by appointment only.

8 Beds ⋅ 4 Baths ⋅ 202625570 MLS

Exceptional Investment Opportunity - Turnkey Two-Family + Buildable Lot Near RPI A rare, income-producing asset in Troy's strongest student-housing corridor. 7 & 9 Brunswick Road offers a fully renovated two-family residence plus an adjoining vacant lot--providing stable cash flow, premium finishes, and long-term development potential. The main residence at 7 Brunswick Road features 8 bedrooms and 4 full bathrooms across two modern units. The property underwent a comprehensive renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These full-system upgrades significantly reduce operating costs and result in exceptionally low maintenance expenses. Each unit includes granite countertops, stainless steel appliances, updated flooring, high-end furnishings, and independent HVAC systems, making the building fully turnkey and optimized for student demand. With annual gross rental income of $67k, investors benefit from strong cash flow, proven occupancy, and continued rent-growth potential. The combined double lot provides 8 off-street parking spaces, a major advantage for student tenants. The vacant parcel at 9 Brunswick Road adds meaningful flexibility--ideal for future units, outdoor amenities, or long-term land value. Key Investment Highlights Gross Annual Rental Income: $67,290 8BR / 4BA | 2,672 SF Fully renovated: new electrical, plumbing, insulation, and drywall Extremely low maintenance expenses Furnished and student-optimized Two independent HVAC systems Double lot with 8 parking spaces Vacant buildable parcel included Strong occupancy history Turnkey condition with immediate cash flow A high-performing, income-producing property with built-in development upside--ideal for investors seeking stability, growth, and strategic land value near RPI. Proof of income or financial qualification required before scheduling a showing. Showings by appointment only.

7 Brunswick Road, Troy

$999,000

Turnkey Student-Housing Investment Near RPI - Fully Renovated & Low Maintenance Rare opportunity to own a beautifully maintained, high-quality student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, modern amenities, quality furnishings, and excellent tenant appeal. The residence underwent a full renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These major infrastructure upgrades significantly reduce long-term operating costs, resulting in exceptionally low maintenance expenses--a major advantage for investors seeking stable, predictable cash flow. The property includes three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation and gatherings. Outdoor amenities include an updated back deck and a green backyard for tenant enjoyment. Prospect Park is directly across the street, with a convenience store nearby. Located within walking distance of RPI and Downtown Troy, the property offers easy access to campus, restaurants, shops, entertainment, and public amenities. It has a strong history of full occupancy, reflecting consistent demand for high-quality student housing. Highlights 11 Bedrooms; 4 Bathrooms Fully renovated: new electrical, plumbing, insulation, drywall Extremely low maintenance expenses Three HVAC systems; on-demand hot water heaters High-end furniture; stainless-steel appliances; quartz countertops Enclosed patio/entertainment room Updated back deck; green backyard Prospect Park across the street Walking distance to RPI and Downtown Troy Approx. $92K gross annual rental income Strong history of full occupancy Proof of income or financial qualification required before scheduling a showing.

11 Beds ⋅ 4 Baths ⋅ 202625554 MLS

Turnkey Student-Housing Investment Near RPI - Fully Renovated & Low Maintenance Rare opportunity to own a beautifully maintained, high-quality student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, modern amenities, quality furnishings, and excellent tenant appeal. The residence underwent a full renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These major infrastructure upgrades significantly reduce long-term operating costs, resulting in exceptionally low maintenance expenses--a major advantage for investors seeking stable, predictable cash flow. The property includes three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation and gatherings. Outdoor amenities include an updated back deck and a green backyard for tenant enjoyment. Prospect Park is directly across the street, with a convenience store nearby. Located within walking distance of RPI and Downtown Troy, the property offers easy access to campus, restaurants, shops, entertainment, and public amenities. It has a strong history of full occupancy, reflecting consistent demand for high-quality student housing. Highlights 11 Bedrooms; 4 Bathrooms Fully renovated: new electrical, plumbing, insulation, drywall Extremely low maintenance expenses Three HVAC systems; on-demand hot water heaters High-end furniture; stainless-steel appliances; quartz countertops Enclosed patio/entertainment room Updated back deck; green backyard Prospect Park across the street Walking distance to RPI and Downtown Troy Approx. $92K gross annual rental income Strong history of full occupancy Proof of income or financial qualification required before scheduling a showing.

277 Congress Street, Troy

$188,000

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.

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

$250,000

Attention investors looking for a fully occupied, positive cash flowing duplex in Troy. With $36,000 annual gross income and an approximate NOI of $31,200, this property provides a cap rate of over 11%. This beautiful brick duplex offers 3 bedrooms and 1 bath in each unit, remodeled kitchens, new furnaces, hot water tanks and a new rubber roof. The home has newer vinyl replacement windows. Basement could be finished to offer up additional living space. Tenants pay heat, electric, gas, hot water, heat, cable, internet All units separately metered (2 meters in basement).

6 Beds ⋅ 2 Baths ⋅ 202625177 MLS

Attention investors looking for a fully occupied, positive cash flowing duplex in Troy. With $36,000 annual gross income and an approximate NOI of $31,200, this property provides a cap rate of over 11%. This beautiful brick duplex offers 3 bedrooms and 1 bath in each unit, remodeled kitchens, new furnaces, hot water tanks and a new rubber roof. The home has newer vinyl replacement windows. Basement could be finished to offer up additional living space. Tenants pay heat, electric, gas, hot water, heat, cable, internet All units separately metered (2 meters in basement).

3236 6th Avenue, Troy

$314,999

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.

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

$699,999

Extremely rare and versatile four-unit investment property in the heart of Downtown Troy! Offering nearly 7,000 square feet of living space, this massive multifamily property features an impressive 22 bedrooms and 7 bathrooms, providing tremendous flexibility and income potential. The spacious layouts make this an excellent opportunity for large-group rentals, student housing, or a high-performing multifamily investment. Each floor features Navien heating and hot water systems, beautiful hardwood and tile flooring, and convenient in-unit/on-floor laundry. Additional improvements include a new roof with a transferable warranty, adding even more value and peace of mind for the next owner. A truly unique property with size, location, and versatility that are extremely difficult to find in the Troy market. Don't miss this exceptional investment opportunity!

22 Beds ⋅ 7 Baths ⋅ 202624908 MLS

Extremely rare and versatile four-unit investment property in the heart of Downtown Troy! Offering nearly 7,000 square feet of living space, this massive multifamily property features an impressive 22 bedrooms and 7 bathrooms, providing tremendous flexibility and income potential. The spacious layouts make this an excellent opportunity for large-group rentals, student housing, or a high-performing multifamily investment. Each floor features Navien heating and hot water systems, beautiful hardwood and tile flooring, and convenient in-unit/on-floor laundry. Additional improvements include a new roof with a transferable warranty, adding even more value and peace of mind for the next owner. A truly unique property with size, location, and versatility that are extremely difficult to find in the Troy market. Don't miss this exceptional investment opportunity!

168 3rd Street, Troy

$197,000

This fantastic completely renovated brick two-family home offers convenience, comfort, and investment potential. Looking for that vacant 2 family investment that is all new inside? This is IT and YOU can choose your own tenants! The first-floor unit features a spacious one-bedroom layout with washer & dryer hookups, while the second floor boasts one bedrooms + office/den/nursery + also has laundry area w/ brand new stackable washer & dryer Perfect for multi-generational living or rental income. Completely remodeled: new flooring, lighting, interior freshly painted, all new windows and doors & much more. Recent Updates Include: Modern kitchens and baths, stylish flooring throughout. Off-street parking for two vehicles. Whether you're looking to live in one unit and rent the other, or expand with a third unit, this property offers flexibility and location in one smart package. Estimated $1,250-$1,350 per flat for rents. Separate utilities.

2 Beds ⋅ 2 Baths ⋅ 202624818 MLS

This fantastic completely renovated brick two-family home offers convenience, comfort, and investment potential. Looking for that vacant 2 family investment that is all new inside? This is IT and YOU can choose your own tenants! The first-floor unit features a spacious one-bedroom layout with washer & dryer hookups, while the second floor boasts one bedrooms + office/den/nursery + also has laundry area w/ brand new stackable washer & dryer Perfect for multi-generational living or rental income. Completely remodeled: new flooring, lighting, interior freshly painted, all new windows and doors & much more. Recent Updates Include: Modern kitchens and baths, stylish flooring throughout. Off-street parking for two vehicles. Whether you're looking to live in one unit and rent the other, or expand with a third unit, this property offers flexibility and location in one smart package. Estimated $1,250-$1,350 per flat for rents. Separate utilities.

8 Harrison Avenue, Rensselaer

$205,000

Investors and owner-occupants, take notice! Located at 1302 5th Avenue in Troy, this two-family property offers two 3-bedroom, 1-bath units and an excellent opportunity for rental income in a convenient Capital Region location. Both units feature a kitchen, living room, full bath, refrigerator, stove and washer/dryer hookups. Separate electric and gas utilities provide an attractive setup for investors, with tenants responsible for cable, electricity and heat. The property also offers forced-air heating, a walk-out basement, public water and sewer, 100-amp electrical service and a level 0.23-acre lot. Expected market rents were discussed at approximately $1,300-$1,600 per month per unit. Current cap-rate projections discussed range from approximately 10.2% at the low-market scenario to 13.4% at the high-market scenario, with an estimated cap rate of 11.8%. Buyers should independently verify rental income, expenses and cap-rate calculations. The property is ideally positioned near downtown Troy and the popular Little Italy neighborhood, offering convenient access to restaurants, shopping, entertainment, employment centers and city amenities. Located within the Troy City School District, residents have access to Troy's public school system. Recreation is nearby, including Frear Park with golf, tennis, fields, playgrounds and seasonal activities, as well as Prospect Park and its outdoor amenities. With two 3-bedroom units, separate utilities and strong rental potential, 1302 5th Avenue offers versatility for investors seeking income-producing real estate or owner-occupants looking to offset housing costs. Light staging can help showcase the vacant rooms, layout and potential of each unit.

6 Beds ⋅ 2 Baths ⋅ 202624811 MLS

Investors and owner-occupants, take notice! Located at 1302 5th Avenue in Troy, this two-family property offers two 3-bedroom, 1-bath units and an excellent opportunity for rental income in a convenient Capital Region location. Both units feature a kitchen, living room, full bath, refrigerator, stove and washer/dryer hookups. Separate electric and gas utilities provide an attractive setup for investors, with tenants responsible for cable, electricity and heat. The property also offers forced-air heating, a walk-out basement, public water and sewer, 100-amp electrical service and a level 0.23-acre lot. Expected market rents were discussed at approximately $1,300-$1,600 per month per unit. Current cap-rate projections discussed range from approximately 10.2% at the low-market scenario to 13.4% at the high-market scenario, with an estimated cap rate of 11.8%. Buyers should independently verify rental income, expenses and cap-rate calculations. The property is ideally positioned near downtown Troy and the popular Little Italy neighborhood, offering convenient access to restaurants, shopping, entertainment, employment centers and city amenities. Located within the Troy City School District, residents have access to Troy's public school system. Recreation is nearby, including Frear Park with golf, tennis, fields, playgrounds and seasonal activities, as well as Prospect Park and its outdoor amenities. With two 3-bedroom units, separate utilities and strong rental potential, 1302 5th Avenue offers versatility for investors seeking income-producing real estate or owner-occupants looking to offset housing costs. Light staging can help showcase the vacant rooms, layout and potential of each unit.

1302 5th Avenue, Troy

$398,900

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!

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

$245,900

Turnkey renovated two-family with separate utilities — a clean investor buy in Lansingburgh. 3BR down, 4BR up with enclosed front porch. Both units fully updated: new roof, renovated kitchens and baths, new flooring, in-unit W/D hookups. All-new electric baseboard heat — no boiler or furnace to maintain. Heat and electric are tenant-paid. Over $75,000 in capital improvements since 2022. Fully leased at $3,100/mo — income in place from day one. Downstairs 3BR through 7/31/2027, upstairs 4BR through 3/31/2027. Taxes approx. $3,800/yr. Minutes to RPI, HVCC, and major commuter routes. Listing broker holds an ownership interest in the subject property.

7 Beds ⋅ 2 Baths ⋅ 202624370 MLS

Turnkey renovated two-family with separate utilities — a clean investor buy in Lansingburgh. 3BR down, 4BR up with enclosed front porch. Both units fully updated: new roof, renovated kitchens and baths, new flooring, in-unit W/D hookups. All-new electric baseboard heat — no boiler or furnace to maintain. Heat and electric are tenant-paid. Over $75,000 in capital improvements since 2022. Fully leased at $3,100/mo — income in place from day one. Downstairs 3BR through 7/31/2027, upstairs 4BR through 3/31/2027. Taxes approx. $3,800/yr. Minutes to RPI, HVCC, and major commuter routes. Listing broker holds an ownership interest in the subject property.

75 5th Avenue, Troy

$150,000

Investment Opportunity in Troy! Bring your vision and unlock the potential of 708 3rd Ave. This property offers an excellent opportunity for an investor, contractor, or buyer looking to add value. Foundation work has been recommended, and the list price has been adjusted to reflect the anticipated repairs and improvements needed. This property presents an opportunity to build equity and maximize potential.

4 Beds ⋅ 2 Baths ⋅ 202624171 MLS

Investment Opportunity in Troy! Bring your vision and unlock the potential of 708 3rd Ave. This property offers an excellent opportunity for an investor, contractor, or buyer looking to add value. Foundation work has been recommended, and the list price has been adjusted to reflect the anticipated repairs and improvements needed. This property presents an opportunity to build equity and maximize potential.

708 3rd Avenue, Troy

$399,000

Most investors will walk right past this one. Smart money won't. 4 residential units over two storefronts in Troy's newly designated historic district -- and they need real work, which is exactly where the money is. This isn't turnkey. It's a blank canvas for someone who builds equity instead of paying for it. Already throwing off $3,600/month, with both storefronts untapped. Renovate the units, stabilize the commercial space, and the back-end tells a whole different story. Historic district means character, demand, and upside baked in. The kicker: the seller wants to deal. Cash, owner financing, conventional -- all on the table. Seller-held paper on a value-add like this? Rare. Done buying other people's equity? Let's create yours.

9 Beds ⋅ 4 Baths ⋅ 202623843 MLS

Most investors will walk right past this one. Smart money won't. 4 residential units over two storefronts in Troy's newly designated historic district -- and they need real work, which is exactly where the money is. This isn't turnkey. It's a blank canvas for someone who builds equity instead of paying for it. Already throwing off $3,600/month, with both storefronts untapped. Renovate the units, stabilize the commercial space, and the back-end tells a whole different story. Historic district means character, demand, and upside baked in. The kicker: the seller wants to deal. Cash, owner financing, conventional -- all on the table. Seller-held paper on a value-add like this? Rare. Done buying other people's equity? Let's create yours.

601-603 2nd Avenue, Troy

$262,500

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.

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

$824,900

Investors take notice. Beautifully updated and well maintained solid brick mixed use building located on River Street in the heart of Downtown Troy. This property features four residential units, including two 1 bedroom 1 bath apartments, one 2 bedroom 1 bath apartment, and one 2 bedroom 2 bath apartment, along with a well established and successful retail restaurant on the first floor. All units are leased, providing immediate rental income. Separate utilities, off street parking, and the low maintenance benefits of solid brick construction make this an easy property to own and manage.

6 Beds ⋅ 7 Baths ⋅ 202623448 MLS

Investors take notice. Beautifully updated and well maintained solid brick mixed use building located on River Street in the heart of Downtown Troy. This property features four residential units, including two 1 bedroom 1 bath apartments, one 2 bedroom 1 bath apartment, and one 2 bedroom 2 bath apartment, along with a well established and successful retail restaurant on the first floor. All units are leased, providing immediate rental income. Separate utilities, off street parking, and the low maintenance benefits of solid brick construction make this an easy property to own and manage.

40 River Street, Troy

$104,900

This Troy two-family property is an excellent opportunity for investors seeking a cash-flowing rental or owner-occupants looking to offset their mortgage with rental income. One unit is currently vacant, providing the flexibility to move in or secure a new tenant while the second unit generates income. With its two-unit layout and strong potential, 7 Winnie Ave offers an attractive opportunity to build equity and add a solid investment to your portfolio.

3 Beds ⋅ 2 Baths ⋅ 202622749 MLS

This Troy two-family property is an excellent opportunity for investors seeking a cash-flowing rental or owner-occupants looking to offset their mortgage with rental income. One unit is currently vacant, providing the flexibility to move in or secure a new tenant while the second unit generates income. With its two-unit layout and strong potential, 7 Winnie Ave offers an attractive opportunity to build equity and add a solid investment to your portfolio.

7 Winnie Avenue, Troy

$360,000

Excellent investment opportunity in Troy, NY! This fully occupied three-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, 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

9 Beds ⋅ 3 Baths ⋅ 202622570 MLS

Excellent investment opportunity in Troy, NY! This fully occupied three-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, 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

375 8th Street, Troy

$260,000

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, 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

7 Beds ⋅ 2 Baths ⋅ 202622568 MLS

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, 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

3365 6th Avenue, Troy

$260,000

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, 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

6 Beds ⋅ 2 Baths ⋅ 202622566 MLS

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, 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

3357 6th Avenue, Troy

$210,000

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, 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

4 Beds ⋅ 2 Baths ⋅ 202622562 MLS

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, 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

19 Defreest Avenue, Troy

$230,000

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

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

How much is your home worth?

How much is your home worth?