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$349,900
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
$379,000
7 Beds ⋅ 4 Baths ⋅ 202625788 MLS
Two vacant units give a new owner immediate options in this four-unit Troy property, whether occupying one while collecting income from the remaining units or placing new tenants and establishing rents following turnover. The vacancies were intentionally maintained in preparation for sale, and the property otherwise has a history of long-term tenancy. The property offers a mix of two one-bedroom and two two-bedroom units. Two units are accessed from the front of the property and two from the rear, creating more separation between units and reducing shared foot traffic. Off-street parking adds significant practical value, complemented by a low-maintenance yard. On-site coin-operated laundry provides convenient tenant access while generating an additional income stream for the property. 128 6th Avenue, directly across the street, is also available for sale. The properties may be purchased individually or together, offering the option to acquire seven units across two properties in the same location. The City of Troy recently completed water and sewer line improvements along the street, benefiting the property. Financial information is provided for review.

143 6th Avenue
$999,000
11 Beds ⋅ 4 Baths ⋅ 202625554 MLS
Rare opportunity to own a beautifully maintained, high-quality turnkey student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, quality furnishings, modern amenities, and excellent tenant appeal. The property features three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three beautiful quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation, gatherings, and relaxation. The updated back deck and green backyard offer additional outdoor space for tenants to enjoy. Prospect Park is directly across the street, with a convenient store nearby. Prime location within walking distance of RPI campus and Troy's downtown, providing convenient access to campus, restaurants, shops, entertainment, and downtown amenities. The property has a strong history of being fully leased, reflecting established demand for quality RPI student housing. Highlights: 11 bedrooms; 4 bathrooms; 3 HVAC systems; on-demand hot water heaters; turnkey condition; high-end furniture; stainless-steel appliances; enclosed patio/entertainment room; updated back deck; green backyard; Prospect Park across the street; walking distance to RPI and Troy downtown; strong history of full occupancy; approx. $92K gross annual rental income. Proof of income and/or financial qualification is required prior to scheduling a showing. Showings by appointment only. Qualified buyers and investors are encouraged to inquire.

277 Congress Street
$799,000
202625285 MLS
FLEXIBLE MIXED-USE WAREHOUSE SPACE | CONGRESS STREET | TROY, NY Versatile space. Prime location. Endless possibilities. Discover a unique commercial opportunity on Congress Street in Troy, NY, offering flexible mixed-use warehouse space ideal for a wide range of businesses. With a combination of warehouse, commercial, and potential showroom/office uses, the property provides the flexibility businesses need to operate, grow, and adapt. The spacious layout offers excellent functionality for storage, distribution, light industrial, retail, creative, contractor, and service-oriented uses, while its convenient Congress Street location provides easy access to Troy and the surrounding Capital Region. Whether you're looking for a warehouse, business headquarters, showroom, or a combination of uses, this property offers the space and versatility to bring your vision to life. A rare opportunity to secure flexible commercial space in one of Troy's established business corridors.

520 Congress Street
$719,999
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
$597,800
12 Beds ⋅ 3 Baths ⋅ 202624756 MLS
Excellent income-producing 3-family property ideally located within walking distance of Rensselaer Polytechnic Institute (RPI). Currently utilized as student housing, this well-maintained property offers 12 bedrooms and strong rental potential, making it an attractive opportunity for investors looking for a proven money-maker in a highly desirable student rental market. The property features off-street parking for 5-6 vehicles, a newer roof, laundry/storage in the basement, and a well-maintained building that is ready for continued rental use. Its convenient location near RPI, restaurants, shops, and other Troy amenities makes it an appealing option for student tenants. Whether you're looking to expand your investment portfolio or capitalize on the demand for student housing, this property offers an excellent combination of location, bedroom count, parking, and income potential. A rare opportunity, just steps from RPI. Listing agent related to owner.

2165 14th Street
$399,000
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
$710,500
6 Beds ⋅ 3 Baths ⋅ 202623542 MLS
Six-unit multifamily investment opportunity totaling approximately 7,206 SF across three stories. The asset offers diversified residential income through six units and an opportunity for investors to expand an existing multifamily portfolio. Classic brick construction and established building footprint provide a solid foundation for continued ownership and potential value enhancement. Financials available upon request. 3227-3229 7th Ave may be packaged with 4 Hill St, Troy, NY, providing an opportunity to acquire multiple multifamily assets in a single transaction. Showings by appointment.

3227-3229 7th Avenue
$839,900
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
$430,000
7 Beds ⋅ 2 Baths ⋅ 202622944 MLS
SOLD BEFORE PRINT

1513 Bouton Road
$314,000
9 Beds ⋅ 3 Baths ⋅ 202622870 MLS
Excellent Investment Opportunity! Three-family property perfect to build equity while generating income. This property features a vacant 3-bedroom apartment, ideal for immediate occupancy or rental income and 2 rented apartments. With generous square footage, this property offers strong potential for long-term rentals or extended family living.

730 3rd Avenue
$450,000
202622849 MLS
SOLD BEFORE PRINT

332 1st Street
$505,000
11 Beds ⋅ 6 Baths ⋅ 202622694 MLS
OPEN HOUSE SUNDAY 8/9 from 12:00-1:00. This property offers 6 units with a total of 11 bedrooms and 6 full bathrooms, offering a strong unit mix with excellent rental potential. Conveniently located near downtown Troy, RPI, shopping, dining, public transportation, and major highways, providing easy access for tenants. Whether you're a seasoned investor or looking to grow your multifamily portfolio, this is an opportunity worth considering.

796-798 River Street
$260,000
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
$699,900
6 Beds ⋅ 7 Baths ⋅ 202621681 MLS
Beautiful brick 7 unit in the coveted location of downtown Troy with excellent walkability to all local amenities and just steps away from Washington Park. This historic building was thoughtfully converted into apartments while leaving the original characteristics intact including original woodwork and hardwood floors throughout. Property has been well cared for with each apartment updated over time. Generous layouts, lots of natural light and large shared yard in back plus a garage accessible from Church St. Fully rented for immediate income with strong demand for future growth potential.

194 3rd Street
$675,000
8 Beds ⋅ 7 Baths ⋅ 202621682 MLS
Amazing opportunity to own a cash flowing 7 unit in a great neighborhood across the street from Beman Park. Situated on a double lot with opportunity to develop in the future. Most apartments have been renovated in the past several years in addition to a new roof. Convenient location near RPI, downtown Troy, parks, restaurants, shopping, and major highways. A solid addition to any investment portfolio with immediate income potential.

2209 16th Street
$300,000
6 Beds ⋅ 7 Baths ⋅ 202621651 MLS
CASH OFFERS ONLY. 6 Unit plus storefront. Full gut/rehab. Bring a hammer and a vision for a terrific equity opportunity. Bring a flashlight.

616 Second Avenue
$4,250,000
202621635 MLS
Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stainless steel appliances and in-unit laundry. Residents enjoy on-site parking and ''All-In Living'' package, which combines fiber internet, cable, electricity, heating, air conditioning and hot water into one monthly payment. Proven rental history, attractive in-place cash flow and operational upside through improved management efficiencies make this a strong investment opportunity.

2920 5th Avenue
$379,000
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 tenant-occupied, offering immediate rental income to help offset ownership expenses. 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.

2215-2217 5th Avenue
$2,995,000
202621359 MLS
Exceptional institutional campus and redevelopment opportunity in the heart of Troy. Situated on approximately 1.59 acres, this landmark property features over 72,000 SF (100,000+ SF including additions and outbuildings). Currently configured as a private educational facility, it is well suited for continued school, educational, religious, nonprofit, healthcare, municipal, or other institutional uses. The property also offers outstanding adaptive reuse potential for apartments, student housing, senior housing, mixed-use, or other residential redevelopment (subject to approvals). Featuring high ceilings, an elevator, flexible floor plans, and timeless brick architecture, this is a rare opportunity to acquire one of the Capital Region's most significant institutional properties.

192 9th Street
$749,500
202621228 MLS
Sale includes building, deli & catering business, laundromat, all equipment for both. Established by the current owner for over 30 years and still growing! The famous Patricelli Deli catering continues to proudly serve the Capital District. Includes 2 bedroom modern apartment with market rent:$1000/6 month lease until Dec. 31. Updates include new kitchen and bath(photos included). Laundry business $57K annually. Located just steps from Washington Park in Historic Downtown Troy.

219-221 2nd Street
$329,000
7 Beds ⋅ 3 Baths ⋅ 202620676 MLS
Price Drop! Has always been and RPI rental and well maintained. Furnished and ready for next semester. 1St floor students paying $750. each in the 2-bedroom apt. Apt 2 is a bi level apt with 5 bedrooms and was rented up till the end of the school year May 2026, at $600.00 each bedroom. Bring in $4500 a month with little effort. Driveway will hold up to 4 cars and plenty of street parking. Beautiful hardwood floors upgraded heating system. newer windows, laundry in each apt. 24-hour notice needed for first floor showing.

13 13th Street
$299,999
6 Beds ⋅ 4 Baths ⋅ 202620321 MLS
179 4th Street, Troy, NY, in the Pottery District, is a rare opportunity. The first floor, which previously rented for $1,500 a month, features tin ceilings, decorative marble fireplaces, two bedrooms with potential for a third, in-unit laundry, an eat-in kitchen, a three-season room, and a deck. The second and third floors mirror each other, each with two bedrooms, potential for a third, and a decorative marble fireplace on the second floor. The property offers vinyl windows, an oversized garage with rental potential, and a basement that was previously a unit, and potential for conversion back to an apartment. Rich in historic charm, this is perfect for investors or house-hackers. Sold as-is, where is. Property to be unoccupied at closing. Owner is a licensed real estate broker

179 4th Street
$1,500,000
3 Baths ⋅ 202620424 MLS
TROPHY WATERFRONT REDEVELOPMENT OPPORTUNITY | 855 HOOSICK ROAD | BRUNSWICK, NY Rarely does a commercial property offer this combination of visibility, scale, waterfront frontage, and redevelopment flexibility in one of the Capital Region's most heavily traveled commercial corridors. Situated on 3.55 acres along highly desirable Hoosick Road (Route 7), this landmark property features approximately 650 feet of road frontage, exposure to 5.8 million vehicles annually, and an extraordinary 818 feet of direct waterfront frontage on the Brunswick Reservoir--creating a truly one-of-a-kind setting unavailable elsewhere in the market. Currently operating as a turn-key restaurant, the property includes an active liquor license, 143-seat guest capacity, and 100+ parking spaces, providing immediate operational value while offering substantial upside through redevelopment or adaptive reuse. The combination of exceptional visibility, abundant parking, waterfront amenities, and strong surrounding demographics creates an ideal opportunity for a wide variety of commercial uses, including: • Medical & Healthcare Facilities • Urgent Care & Outpatient Services • Quick Service Restaurants (QSR) & National Franchises • Convenience Stores & Fuel Operators • Brewery, Distillery, or Taproom Concepts • Waterfront Restaurant & Hospitality Uses • Banquet & Event Venues • Mixed-Use Redevelopment Opportunities The property's unique waterfront setting provides a competitive advantage that cannot be replicated, while its strategic location places it directly in the path of daily commuter traffic between Troy, Brunswick, and surrounding Rensselaer County communities. Whether you're an investor seeking a high-profile redevelopment opportunity, a developer looking for a flagship project, or an operator seeking a premier waterfront commercial location, 855 Hoosick Road represents one of the most compelling commercial offerings currently available in the Capital Region.

855 Hoosick Road
$329,999
6 Beds ⋅ 4 Baths ⋅ 202620345 MLS
Excellent mixed-use investment opportunity in Troy! This property features a street-level commercial storefront plus 3 residential apartments, generating immediate income from day one. FULLY occupied! Total rental income is $56,100/year (full expense sheet available under docs). Store front is a nice open space, high ceilings, mini split, half bath, its current as a barbershop. Uni1 1R (1st floor) has 2 BEDS,1 FULL BATH, Open concept, Combined LR/DR. Unit 2R (2nd floor rear) has 2BEDS, 1 FULL BATH, Office space, Living Room. Unit 2F (2nd floor front) has 2BEDS, 1 FULL BATH, LR. Small backyard. All 3 apartments and store have been renovated, new siding, windows, roof, 2 new boilers and brand new split (store). Separate utilities.Convenient Troy location close to schools, shopping, transportation and major highways. A true turnkey addition to your portfolio. Property qualifies for owner occupied FHA loan with only 3,5% down payment.

3367 6th Avenue
$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
$330,000
6 Beds ⋅ 4 Baths ⋅ 202620048 MLS
Endless Potential! This spacious three-family brick home offers generous, open-layout apartments with plenty of room for comfortable living. The first-floor unit features two full bathrooms, adding extra convenience and appeal. Outside, you'll find a fenced yard and an oversized one-car garage, providing ample storage and parking. Connected to public water and sewer, this property presents an excellent opportunity for investors or owner-occupants alike. Don't miss the chance to unlock the full potential of this versatile multi-family property!

233 2nd Street
$425,000
6 Beds ⋅ 3 Baths ⋅ 202619700 MLS
**Offers due Sunday June 21** Located in the heart of historic Downtown Troy, just steps from Washington Park, this three-unit brick row home presents a rare opportunity for investors and owner-occupants alike. Rich in architectural character, each apartment showcases hardwood floors, original details, and the timeless charm that defines Troy's sought-after brownstone neighborhoods. Thoughtful updates in kitchens and baths capture the spirit of Troy, while regular maintenance like 2 new boilers make this home ready to move in. Each unit features separate utilities, a private deck, and will be delivered vacant at closing. Currently used as a two unit, the new owner can choose to enjoy the enlarged 2/3rd floor adjoined apartments, or convert back to its traditional 3-unit layout. Enjoy walkable access to Troy's vibrant dining, shopping, farmers market, arts scene, and neighborhood parks from one of the city's most desirable historic districts.

107 Washington Street
$370,000
6 Beds ⋅ 4 Baths ⋅ 202618881 MLS
Don't miss this well-maintained three-family home offering both comfort and opportunity! Each spacious unit features thoughtful updates throughout, blending modern touches with functional living space. Rare off-street parking and a detached 3-car garage provide added convenience, while the fenced-in backyard offers a great space for outdoor enjoyment or tenant appeal. Whether you're looking to owner-occupy or expand your investment portfolio, this property checks all the boxes!

517 3rd Avenue
$2,350,000
27 Beds ⋅ 24 Baths ⋅ 202618382 MLS
Welcome to Hill Street, a unique commercial investment package, this well-maintained commercial asset is currently used as Veterans community living(but not exclusively for veterans)which provides a rare opportunity to own a high-performing investment in a growing area. The primary property features 22 private rooms, each with its own bathroom, providing privacy and comfort for residents. Shared common areas create a welcoming, community-oriented environment that supports long-term tenancy. Included is a vacant lot directly behind the facility, offering space for potential expansion, additional parking, or new development (buyer to verify zoning). Please note that taxes are a fraction when compared to other real estate holdings of similar value. Additionally ,landlord-tenant laws regarding eviction if, necessary , do not apply to this type of asset.

171 Hill Street

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