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$329,000
4 Beds 3 Baths 202619739 MLS
Strong-income three-unit multi-family in a prime Troy location -- ideal for investors or owner-occupants looking to build equity while generating cash flow. The unit mix offers a healthy blend: two one-bedroom units and a spacious two-bedroom, four bedrooms and three full baths in total. Previous gross when fully rented was $2,915/month, with a move-in-ready unit available to tour on demand and in-place rents that leave clear room to grow. Ample off-street parking sits at the rear of the property, complemented by a large covered front porch, a low-maintenance yard, and a private entrance for the rear unit -- features that keep quality tenants in place. The property has a proven track record of long-term tenancy and low vacancy. Minutes from downtown Troy, shopping, dining, public transportation, and major commuter routes, with additional off-street parking possible in the area of a previously removed garage. A rare chance to step into a stable, performing asset with real upside. Financials attached to listing.

128 6th Avenue

$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

$325,000
7 Beds 3 Baths 202619654 MLS
Turnkey mixed-use (MU1 zoning) investment opportunity in Troy! This versatile three-unit property features two residential apartments and a third unit that can be used for commercial space, an office, studio, etc. All units have been extensively updated with renovated kitchens and bathrooms, new LVP flooring, new doors, and fresh paint throughout. The exterior has also been freshly painted, offering excellent curb appeal and reduced maintenance concerns. Ideal for investors or owner-occupants seeking flexibility and income potential. The one bedroom unit is rented for $1,000 per month and the other two units are vacant. Please note, due to the seller's current financing commitments, closing cannot occur until November 2026.

1 Lincoln Avenue

$219,000
6 Beds 2 Baths 202619256 MLS
Welcome to this investment opportunity in Troy, NY. Presenting a spacious duplex radiating charm and potential, perfect for owner-occupied living or as a savvy addition to your portfolio. Each unit boasts three bedrooms and one bathroom with convenient laundry hook-ups, providing desirable functionality for tenants. Washers and dryers are not included in sale. Step into the downstairs unit where brand new vinyl flooring complements the classic hardwoods, creating an inviting ambiance sure to impress prospective renters. Both units offer expansive living areas saturated with natural light. 1st floor was recently painted a calm green. Located mere steps from downtown Troy's vibrant arts scene, renowned restaurants, and bustling farmers' market, residents can fully immerse themselves in community life while enjoying easy commutes via nearby public transport options. House has 2 year old roof, some mechanical updates and great bones. Property will really shine with some cosmetic updates. Property also has a small fenced backyard. This duplex combines practicality with immense potential for growth, making it an outstanding choice for investors & owner occupied buyers alike. Don't miss out on this incredible prospect--schedule your private showing today and envision the future possibilities!

598 Pawling Avenue

$329,900
4 Beds 2 Baths 202618674 MLS
Charming and well-maintained two-family home located on Troy's desirable East Side! This move-in ready property presents an excellent opportunity for both owner-occupants looking to offset their mortgage with rental income and investors seeking a strong addition to their portfolio. Currently generating just under $3,000 per month in rental income, with the potential to increase cash flow even further. Each spacious unit features two bedrooms, one full bathroom, updated kitchens and bathrooms, and unique two-story living layouts. The first unit also offers a welcoming foyer, formal dining room, and comfortable living room. Additional highlights include separate utilities, shared laundry, and off-street parking. Recent improvements provide added peace of mind, including a new main gas line (2026), roof and water heaters (2024), updated electrical system and panel (2024), electronic security key system (2025), and a new deck (2024). Conveniently located just minutes from I-787, Hudson Valley Community College, shopping, restaurants, and downtown Troy, this turnkey property combines character, convenience, and strong income potential. Don't miss your chance to own this fantastic two-family home!

190 Spring Avenue

$2,700,000
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 in the sale is a two-unit residential property located next door - ideal for staff housing, additional rental income, or future redevelopment. 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 Sold as a package with 177 Hill st(updated 2 family) and adjacent 1 acre parcel fronting Ida st.

171 Hill Street

$190,000
7 Beds 2 Baths 202618139 MLS
Opportunity you do not want to miss! Updated two-family property located in the heart of Troy offering strong owner-occupant or investment potential. The first-floor unit features 3 bedrooms and has been recently vacated to prepare for the sale, showcasing fresh paint along with an updated kitchen and bathroom. Estimated market rent for the first-floor unit is approximately $1,350/month. The second-floor unit offers 4 bedrooms with a long-term tenant currently paying $1,350/month. Conveniently located within walking distance to downtown Troy, local restaurants, shops, and entertainment. Whether you are looking to expand your portfolio or owner occupy while generating rental income, this property checks all the boxes!

546 2nd Street

$254,500
6 Beds 2 Baths 202617906 MLS
Live in the heart of Little Italy and right around the corner from Washington Park and take advantage of an opportunity that blends lifestyle and income potential. This well-maintained two-family property offers a proven rental history, a strong 9% cap rate and one open unit, making it appealing for investors and owner-occupants. Each unit features three spacious bedrooms, updated kitchens, and abundant natural light. Separate utilities provide efficiency and ease of management, while the basement laundry adds convenience for all residents. If that's not enough, the walk-up attic presents valuable unfinished space, ideal for a home office or studio. Enjoy a highly walkable location near Troy's thriving downtown, with easy access to local shops, restaurants, HVCC, Rensselaer Tech Park, the Hudson Mohawk Bike Trail, and CDTA transit lines. Combined with low taxes, this property delivers both immediate returns and long-term potential. Schedule your showing today!

240 4th Street

$400,000
6 Beds 3 Baths 202617566 MLS
Discover the perfect blend of space, flexibility, and investment potential at 78 Pinewoods Avenue on Troy's desirable East Side! This expansive 3,504 sq ft home features 6 spacious bedrooms and 3 full bathrooms, offering endless possibilities for multi-generational living, rental income, or owner-occupied investing. Two of the bedrooms are currently being utilized as successful Airbnb spaces, creating an incredible opportunity for added cash flow right from day one. Inside, you'll find a warm yet modern feel with generous living areas, natural light throughout, and room for everyone to spread out comfortably. Parking is a huge bonus with 2 off-street spaces in the back, additional street parking, and a garage with room for approximately 1.5-2 cars, providing space for up to 4 vehicles total. Located within the highly regarded Troy School District, this property combines friendly living with smart investment appeal. Whether you're looking to grow your portfolio or settle into a home that works for your lifestyle and finances, this one stands out. Schedule your private showing today and see the opportunity for yourself!

78 Pinewoods Avenue

$375,000
6 Beds 2 Baths 202617517 MLS
Troy East Side, spacious and full of character, this classic brick two-family with a slate roof offers over 2,900 sq. ft. with the kind of space and layout ideal for multi generational living or long term owner occupancy. Both oversized flats feature hardwood floors throughout, high ceilings, large sun-filled rooms, eat-in kitchens, laundry hookups, and charm of a well-built home. Enjoy covered porches, a huge basement with a small finished play area or flex space, and a large lot offering room to relax or entertain. Conveniently located next to Emma Willard School and within walking distance to shopping, restaurants, places of worship, and neighborhood amenities, with quick highway access and public transportation nearby.

303 Spring Avenue

$210,500
3 Beds 3 Baths 202617093 MLS
Excellent owner-occupy or house hack opportunity on a rare double lot in a charming neighborhood! This duplex offers the perfect blend of comfortable living and investment potential. Unit 1 features a spacious primary suite with an ensuite bath, dedicated laundry room, refinished hardwood floors, and tasteful updates throughout. Major improvements over the last 5 years include a new roof, renovated bathrooms, refinished hardwoods, fresh paint, and more. This unit offers 2 bedrooms and 1.5 baths. Unit 2 features 1 bedroom plus an office and 1 full bath. A long-term tenant is already in place and would love to stay, providing immediate rental income from day one. The garage and attached shed offer additional upside potential with a some TLC -- ideal for storage, workshop space, or possible bonus rental income opportunities. Whether you're looking to offset your mortgage, start investing, or expand your portfolio, this property is packed with value and future potential. Some photos have been digitally altered to reflect virtual staging or personal belongings out of picture.

422 4th Avenue

$224,900
4 Beds 4 Baths 202616766 MLS
Here is a great investment to receive monthly income while remodeling 1/4 of bldg interior and/or 3 car garage! This large 5 bedroom 4 bath 2 family adjacent to Verdile's Restaurant features in-law's accommodation/s to the rear of each floor. With 3/4 of bldg finished and rented out at $2,700 monthly ($1,725 - 1st Floor + $975- 2nd Floor) + utilities which leaves 1/4 of the bldg specifically the 2nd floor rear in-law area that needs rehab for potential ($700) more monthly income if needed. Front windows, kitchens, all appliances, between 2 and 4 years, & roof is 4 years old. If getting a loan flood insurance will be needed. Property is being sold ''as is where is''. Inspections can be requested for buyers own knowledge understanding no seller credits.

576 2nd Avenue

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