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$1,128,205
13 Beds 11 Baths 202527661 MLS
Nestled in the heart of Troy, this exceptional two-building property offers a total of 10 units, making it a prime investment opportunity. The front building features 9 fully occupied apartments with stable, long-term leases. Each unit is in excellent condition, & the building is equipped with a commercial-grade water heater that serves the entire building. Most heating units recently updated, roof and front staircase were redone in 2018. With meticulous maintenance & upgraded plumbing, the property is truly turnkey. The standalone three-story carriage house at the rear of the property has been fully gutted and renovated into a high-end living space, complete with a two-car garage, central AC, heated bathroom floors, in-ceiling speakers, and luxury appliances. This setup is perfect not only for investors but also owner-occupants seeking a modern, private residence while benefiting from rental income. Bitcoin/Crypto offers welcome!

35 1st Street

$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

$474,480
7 Beds 3 Baths 202526903 MLS
Multiple offers received, best and final due 10/6 @ 6pm. Don't miss this rare opportunity to own a beautifully maintained 3,176 sq ft triplex in Troy's highly desirable Eastside neighborhood. Whether you're an investor or seeking an owner-occupied opportunity, this turn-key 3-family home checks every box. Live in one unit or rent out the entire property—with potential rental income of $67,200 annually ($5,600/month), this is a high-yield investment with low taxes. The spacious 4-bedroom top-floor unit will be delivered vacant at closing, offering immediate potential for market rent or move-in flexibility. Each of the three units features a generous layout filled with natural light, blending original charm with thoughtful modern updates. The home offers the timeless character and architectural details of an old house, enhanced with all the modern amenities you could ask for. Enjoy a brand-new roof, updated HVAC systems including furnaces and mini-splits, quartz and marble countertops, dimmer lighting, hardwood floors, stainless steel appliances, two dishwashers, and in-unit washer-dryers. Each unit has separate utilities and newer electrical panels for easy, efficient management. Additional highlights include off-street parking for 3-4 vehicles, a large two-car garage, basement storage, a spacious attic, and a charming backyard deck—perfect for summer evenings and BBQs. With two quiet, reliable tenants already in place, the property offers low overhead, low maintenance, and steady income from day one. Centrally located near RPI, HVCC, Emma Willard, and all major services, this property is ideally situated for both renters and owner-occupants. Whether you're building your portfolio or looking to live while earning rental income, this is an exceptional opportunity you won't want to miss.

669 Pawling Avenue

$295,000
2 Beds 3 Baths 202526721 MLS
Solid brick mixed-use building in the heart of Troy with multiple streams of income and endless potential. The first floor features a commercial storefront, ideal for retail or office use. A massive fenced parking lot offers plenty of off-street parking and the possibility for additional rental income. Two billboards attached to the building provide steady income year after year. Upstairs, you'll find two studio apartments on the 2nd floor, with preliminary approvals in place for two additional studios on the 3rd floor. A huge attached garage with 10' doors also generates rental revenue and offers flexible use for tradespeople, storage, or workshop space. With a combination of residential, commercial, and advertising income—plus expansion potential—this is a one-of-a-kind investment opportunity in a growing market.

635 2nd Avenue

$400,000
4 Beds 4 Baths 202526051 MLS
1870's contemporary brownstone in the heart of Downtown Troy, bringing together architectural character with modern Conveniences. Thoughtfully designed owner's unit offers a unique two-story layout with open-concept, soaring ceilings, and a dramatic sense of space. Income potential includes a charming first-floor rental with two bedrooms currently leased at $1,000/month, carriage house studio $750/month. Separate utilities. Set on a double lot, with excellent outdoor space, fenced yard, wood shed, potting shed, two custom decks and plenty of room to relax or garden. Carriage house has one-car garage and 3 off-street parking spaces. Located in a vibrant Troy neighborhood close to shopping, dining, parks, and commuter routes, this property offers style, space, and opportunity as a unique owner-occupied home with rental income or a smart investment.

2142 5th Avenue

$449,000
7 Beds 4 Baths 202526019 MLS
Fantastic 4-Family in South Troy! Ideal for investors or an owner-occupant, this property blends stability with updates. • First-floor front studio: renovated bathroom (2019), newer mini-split heat/AC combo, and a long-term tenant in place. • First-floor rear 1-bedroom: features a living room and kitchen, also with a long-term tenant in place. • Second-floor 3-bedroom/1-bath: freshly painted with a spacious living room/dining room combo, pantry, eat-in kitchen with granite counters, stainless steel appliances, laundry room, hot water radiator, and mini-split system. • Third-floor 2-bedroom/1-bath: also freshly painted, offering hardwood floors, living and dining rooms, granite counters, stainless steel appliances, updated full bath with laundry, newer tankless water heater, and mini-split systems. Additional highlights: off-street parking, backyard space, and a convenient location close to RPI, Hudson Valley CC, shopping, and downtown Troy. A great mix of steady rental income and recently updated spaces make this a turnkey money-maker!

78 Hill Street

$375,000
10 Beds 3 Baths 202525799 MLS
Welcome to 455 2nd Street, a spacious and solid investment opportunity offering 3,200 sq. ft. of living space. Built in 1890 and thoughtfully maintained, this three-family property features a total of nine bedrooms and three full bathrooms, making it ideal for investors or owner-occupants looking for rental income. Each unit is generously sized, providing comfortable living with bright rooms and functional layouts. With ample space throughout, this property is set up for long-term value and convenience. Located in the heart of Troy, residents enjoy easy access to shopping, dining, schools, and major routes, all while being part of a growing community. Whether you're expanding your portfolio or seeking a property to call home while tenants help pay the mortgage, 455 2nd St. is a fantastic opportunity. Schedule your showing today!

455 2nd Street

$850,000
4 Beds 4 Baths 202525329 MLS
The Best of everything that city living has to offer...three full floors of living, with Au pair/in-law on top floor. Two car garage, private courtyard, expandable and improvable garden level, and rooms filled with sunlight. Many original elements and architectural details remain, accentuating particularly the first and second floors, high ceilings, moldings, woodwork, and Fireplace Mantels. Hardwood floors throughout. Fully restored in the early 2000's. Newer mechanicals, including a high efficiency Boiler, Windows, and Bathrooms. Gourmet chef's kitchen, gas cooktop, double ovens and stone countertops. Many custom crafted built-ins and two Glass enclosed rear porches complete the significant renovation. Added bonus, elevator for use on first two floors. Take advantage of living in the best of both worlds - 21st century efficiency in an historic 19th century Townhouse.

62 2nd Street

$405,000
6 Beds 3 Baths 202525047 MLS
***OPEN HOUSE Saturday, 9/6, from 11 - 1 PM*** Step into timeless charm with this beautifully preserved brick 3-unit home, where historic architecture meets everyday comfort. Turn-key property ready for the next owner to call it home, and start collecting rent! The striking façade showcases tall arched windows, intricate brickwork, and a stately entryway that instantly sets this home apart. Inside, you're greeted by rich period details rarely found today—soaring ceilings, original hardwood floors that glisten with natural light, and ornate wood trim framing elegant archways. From the intricate woodwork to the historic radiators, every corner bursts with character and history. Whether you're drawn to the curb appeal of its classic brick exterior or the character-filled interior with its gracious floor plan, this home is a rare opportunity to own a piece of architectural history with timeless style. Property pre-inspected with no major issues reported. Call today!

301 8th Street

$575,000
5 Beds 4 Baths 202524991 MLS
Open house Sat 9/13 from 12-2. Step into history and elegance at 409 Second Avenue, a prominent Troy mansion built in 1910 by the son of Deborah Powers, one of Troy's most philanthropic figures. Set far back from the road on a private, treed lot overlooking the Hudson River, this home offers breathtaking views from a lower viewing deck and upper screened-in porch. A grand foyer welcomes you with a grand piano and library featuring original built-ins. The parlor dazzles with a crystal chandelier, fireplace, and window seats, while the formal dining room shines with bay windows and a butler's pantry with wine storage. The gourmet kitchen boasts cherry cabinetry, Sub-Zero fridge, AGA stove with pot filler, and island seating, plus a spacious mudroom with built-ins. The primary suite features hardwood floors, fireplace, and a luxurious onyx makeup vanity. Two additional bedrooms, a large laundry/flex space, and a third floor with two more bedrooms and full bath complete this historic residence, lovingly cared for by the same family for 30 years.

409 2nd Avenue

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