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$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

$679,000
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 includes a fully renovated two-family residence plus an adjoining vacant lot offering future development, expansion, or long-term land value. Together, the parcels provide stable cash flow, premium finishes, and meaningful upside. The main residence at 7 Brunswick Road features 8 bedrooms and 4 full bathrooms across two modern units. Each unit is upgraded with granite countertops, stainless steel appliances, high-end furnishings, updated flooring, and independent HVAC systems. The property is fully turnkey, optimized for student demand, and consistently leased. With annual gross rental income of $67,290, investors will appreciate the strong income profile, proven occupancy, and continued rent growth potential. The combined double lot offers 8 off-street parking spaces, a major advantage for student tenants. The vacant parcel at 9 Brunswick Road adds long-term value and flexibility--ideal for additional units, outdoor amenities, or future redevelopment. Key Investment Highlights: • Gross Annual Rental Income: $67,290 • 8BR / 4BA | 2,672 SF • Fully renovated, furnished, and student optimized • Two HVAC systems; modern mechanicals • Double lot with 8 parking spaces • Vacant buildable parcel included • Strong occupancy history and premium positioning • 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 prior to scheduling a showing. Showings by appointment only. Qualified buyers and investors encouraged to inquire.

7 Brunswick Road

$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

$279,900
4 Beds 2 Baths 202625259 MLS
Rare opportunity in Troy's desirable Little Italy neighborhood! This impressive all-brick two-family combines classic character with the peace of mind of a substantial renovation. The property was gutted and extensively rehabbed in 2010, including updates to the electrical, plumbing, framing, floor joists, sheetrock, windows, kitchens, bathrooms, and forced-air heating systems. Each spacious unit offers 2-3 bedrooms and one full bath, providing excellent flexibility for owner-occupants, investors, or multi-generational living. An all-brick two-family with this level of renovation is increasingly difficult to find. The location is another standout- just minutes from Downtown Troy, its restaurants, shops, entertainment, and RPI College, while Prospect Park is just up the hill. Whether you're looking to live in one unit and rent the other or add a quality property to your investment portfolio, this is a rare combination of a quiet location, substantial improvements, solid brick construction, and income-producing potential. The 1st-floor unit is ready to be rented and left vacant for ease of showings.

6 St Marys Avenue

$339,999
8 Beds 3 Baths 202625170 MLS
Completely remodeled three-family offering an incredible investment opportunity in Troy. This impressive all-brick multifamily combines classic, durable construction with extensive modern updates throughout. Each unit offers a spacious layout with beautifully updated kitchens, renovated bathrooms with tiled showers, and bright modern finishes throughout. Major improvements include updated plumbing and electrical, along with Navien heat and hot water systems for efficient, modern mechanicals. The combination of all-brick construction, three separate units, extensive renovations, and large living spaces makes 329 9th Street a standout addition to any rental portfolio or the perfect for owner occupants given the already vacant units. With the major work already completed, buyers can focus on maximizing rental income rather than taking on a large renovation.

329 9th Street

$319,999
8 Beds 2 Baths 202625169 MLS
Turnkey and completely remodeled two-family offering an incredible amount of space. Each unit features a massive 4-bedroom layout, making this property an excellent opportunity for investors or owner-occupants looking for strong rental potential and spacious living. Extensive renovations have been completed throughout, including updated plumbing and electrical, modern kitchens, beautifully finished bathrooms with tiled showers, and fresh finishes throughout. Each unit also features Navien heat and hot water systems, providing efficient, modern mechanicals and separate comfort for both units. With 8 total bedrooms, oversized units, and major updates already completed, this property offers the combination of size, quality, and versatility that's hard to find in Troy. Whether you're looking to add a turnkey multifamily to your portfolio or live in one unit while renting the other, 326 9th Street is ready to go.

326 9th Street

$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

$225,000
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

$175,000
6 Beds 2 Baths 202624768 MLS
Investment Opportunity in Troy's Lansingburgh School District Spacious 2-family Colonial duplex offering strong rental income potential. Perfect for investors looking for a value-add project or an owner-occupant wanting to build equity, this estate property is being sold as-is and features distinct, well-proportioned layouts in both units. Unit Layouts: 3 Bedrooms and 1 Bathroom per unit. Living Spaces: Each apartment boasts a large eat-in kitchen, full formal dining room, and bright living area. Utilities: Separate utilities for easy expense tracking and tenant billing. Renovation Potential: Straightforward layout makes updates and cosmetic improvements hassle-free. School District: Lansingburgh Central School District. Bring your contractor and your vision to unlock the full cash-flow potential of this solid Troy duplex!

889 5th Avenue

$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

$220,900
5 Beds 2 Baths 202624726 MLS
Don't miss the opportunity to own this beautifully renovated multifamily home in the heart of Troy! Thoughtfully updated throughout, this property features two new electric water heaters, upgraded electrical wiring, new plumbing, reinforced support beams, and a newly constructed exterior staircase--offering valuable improvements for its next owner. Inside, you'll find spacious bedrooms, abundant natural light, and comfortable living spaces, along with a backyard offering additional outdoor space to enjoy. Adding even more value, the sale includes an additional parcel where a garage previously stood, offering potential for future residential development, subject to municipal approvals. The property is currently tenant-occupied, providing rental income from day one--an attractive benefit for investors looking to add an income-producing property to their portfolio. It also offers future flexibility for an owner-occupant looking to enjoy the benefits of multifamily ownership. Conveniently located near bus routes and just a few blocks from Troy's Washington Park, this property combines location, existing rental income, major improvements, and future potential all in one opportunity. Schedule your showing today, and see everything this property has to offer!

307 4th Street

$399,900
7 Beds 3 Baths 202624664 MLS
Investment Opportunity in Troy! Welcome to 105 Second Avenue, a well-maintained three-unit property offering strong income potential in a convenient Troy location. This property was freshly rehabbed a few years ago, providing investors with an excellent opportunity to own a turnkey-style income property without taking on a major renovation project. Featuring river views, the property offers an appealing combination of location, condition, and income-producing potential. Situated within the City of Troy and directly along an active bus line, tenants can enjoy convenient access to transportation, shopping, dining, employment centers, and the many amenities Troy has to offer. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking an owner-occupied investment, this three-unit property provides flexibility and opportunity. Live in one unit while generating rental income from the others, or position the entire property as a strong income-producing asset. Priced at $399,000, this is an opportunity to add a recently rehabbed, multi-unit property with river views and excellent accessibility to your portfolio. Don't miss your chance to take advantage of this Troy investment opportunity!

105 2nd Avenue

$219,900
4 Beds 2 Baths 202624442 MLS
Why pay the whole mortgage yourself when a tenant can help? Move right into the spacious vacant first-floor unit of this attractive Troy two-family and start collecting rent from the long-term tenant upstairs from day one. Set on a quiet side street with great curb appeal and ample street parking, you're just 3 minutes from I-787 and Route 7 for an easy commute throughout the Capital Region. Step inside and appreciate the character that makes this home special--lofty tin ceilings, warm wood floors, and exposed brick add texture and charm you simply don't find in newer homes. Whip up your favorite meals in the ample eat-in kitchen, offering plenty of cabinetry and counter space plus some newer appliances. Gather in the formal dining room or take the party outside onto the huge back deck beneath a leafy canopy of mature trees that creates a welcome sense of privacy. Relax in front of the cozy pellet stove in the living room. When the day is done, you'll love unwinding in the expanded primary bedroom. Enjoy year-round comfort with forced-air heat and central A/C in the first floor unit. Separate utilities keep costs low. Upstairs, the long-term month-to-month tenant provides immediate rental income. That unit has hot-water radiator heat (no central A/C). The flexible 2nd floor layout also offers future possibilities: use the living room with closet as an oversized primary bedroom and transform the dining room into a comfortable living room. There is also a bonus room accessed off the landing that makes a great micro office. Whether you're ready to stop paying rent and start building equity or simply love the idea of having rental income help offset your housing costs, this owner-occupy opportunity is a smart way to start your home ownership journey. Troy Schools. Separate utilities. Restricted showing schedule Mon, Wed & Fri 3:30 - 7:30pm and Sat 111am - 4pm with 24 hours' notice. Ask about the $20k credit the seller is offering for a full price offer!

327 10th 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

$275,000
4 Beds 2 Baths 202623830 MLS
Check out this charming 1861 Eastside two-family home, tucked away at the end of a quiet dead-end street! Meticulously maintained and filled with endless character, both spacious units feature beautiful tin ceilings, wide-plank pine floors, and classic mouldings or beadboard accents. Each apartment offers two bedrooms, generous storage, oversized eat-in kitchens with in-unit laundry, updated bathrooms, and bright, inviting living spaces. Outside, you'll find ample off-street parking, a detached two-car garage with loft storage, and a welcoming front porch; perfect for relaxing and enjoying the peaceful surroundings. Situated on a rare 0.62-acre lot bordering the Wynantskill Creek, this unique property offers a beautiful, nature-filled setting while still enjoying all of the conveniences of city living. A wonderful opportunity for owner-occupants or investors alike!

27 Lilac Lane

$268,000
4 Beds 2 Baths 202623814 MLS
Excellent opportunity to own an oversized two-family home on a corner lot with a huge fenced-in yard backing to the Posten Kill Creek. With approximately 2,210 square feet of living space, this property offers flexibility for an owner occupant or investor. The second unit is currently vacant, providing an excellent opportunity for an owner occupant to move in while the first-floor unit will be tenant occupied on a month-to-month lease starting 10/1. Combined annual rental income potential for both units is approximately $34,200! This offers a great opportunity to offset your mortgage or add to your investment portfolio. The large fenced-in lot, corner location, creek-side setting, and spacious two-family layout make this a unique opportunity in Troy. Whether you're looking to owner occupy, invest, or add value over time, this property offers plenty of possibilities.

345-349 4th Street

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