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$135,000
6 Beds 2 Baths 202616603 MLS
ALL OFFERS DUE BY 8PM SUNDAY, MAY 10TH. SEE OFFER INSTRUCTIONS. Tucked into the heart of Lansingburgh, this duplex offers serious upside for investors, flippers, or owner-occupants ready to build equity. Situated on a generously sized lot with a large backyard, driveway, detached garage, and partial river views, the location alone makes this one worth a look. Directly across from the Vets Club and just a block from the Boat Club, you'll appreciate the neighborhood feel and proximity to the Hudson River. The property is in need of renovation, but the bones and potential are there. Whether you're looking to create strong market-rate rentals, a multi-generational setup, or a long-term investment property, this is an opportunity to bring your vision to life in an area seeing continued growth and demand. Rare combination of lot size, off-street parking, garage space, and location at this price point. Bring your contractor and your imagination. Property requires substantial clean-out. Seller strongly prefers an as-is sale, and offers reflecting buyer assumption of remaining contents/clean-out responsibilities will be viewed favorably.

786 1st Avenue

$134,000
4 Beds 2 Baths 202616561 MLS
118 Adams Street offers a strong investment opportunity with immediate income and long-term potential. This duplex features two well-laid-out units, each offering 2 bedrooms and 1 full bathroom, making it an appealing option for a wide range of tenants. Both apartments are currently occupied, providing consistent rental income from day one. The property generates a total of $1,400 per month, or $16,800 annually, offering a stable foundation for investors seeking reliable cash flow. With tenants already in place, this is a true turnkey opportunity with no need for initial lease-up or vacancy concerns. The first-floor unit has been recently updated, adding modern appeal and functionality. All appliances in this unit are brand new, helping to minimize maintenance costs and enhance tenant satisfaction. The thoughtful updates contribute to the overall value of the property and set the stage for potential future improvements. Each unit offers a practical and comfortable layout, with appropriately sized bedrooms, functional kitchens, and inviting living spaces. The 2-bedroom configuration is consistently in demand in the local rental market, making it easier to maintain occupancy and attract long-term tenants. The property benefits from close proximity to local shops, restaurants, and major roadways. Troy continues to see growth and revitalization, further strengthening rental demand and supporting long-term investment value. This duplex presents an excellent opportunity for investors to own a fully occupied, income-producing property in a growing market. Whether you're looking to expand your portfolio or secure a steady, low-maintenance investment, 118 Adams Street delivers both stability and upside potential. Seller related to Listing Agent.

118 Adams Street

$138,000
6 Beds 2 Baths 202616559 MLS
ALL OFFERS DUE BY 8PM SUNDAY, MAY 10TH. SEE OFFER INSTRUCTIONS. Welcome to this duplex opportunity in the heart of Lansingburgh, ready for a full transformation. This property requires major renovation but offers significant upside potential for investors, contractors, or ambitious owner-occupants looking to build equity. The spacious layout offers flexibility with a potential 3-4 bedroom unit on the first floor and a 2-3 bedroom unit on the second floor, creating the opportunity for strong market-rate rental income once completed. Generous room sizes, flexible floor plans, and solid income potential make this a project worth considering for those looking to capitalize on the growing demand for rental housing in the area. Bring your vision, your contractor, and your imagination... the upside will be well worth the effort. Property requires substantial clean-out. Seller strongly prefers an as-is sale, and offers reflecting buyer assumption of remaining contents/clean-out responsibilities will be viewed favorably.

781 2nd Avenue

$250,000
6 Beds 2 Baths 202616313 MLS
We are back!!! 516 Pawling Ave is a well-positioned two-family home in Eastside Troy offering flexible living and income opportunities. The property features 6 bedrooms and 2 full baths across more than 3,000 sq ft on a 0.10-acre lot. Each unit includes a welcoming front porch and there is a usable backyard for outdoor space. Recent updates include NEW hot water tanks installed in 2025. This home presents a solid value-add opportunity for investors or owner-occupants seeking rental income potential and the ability to customize to taste. Excellent transit access and easy connections to major highways add to the appeal, with convenient proximity to neighborhood amenities. Cosmetic updates will maximize comfort and return. Sold in its current condition; seller will not make repairs. AI-assisted photo editing used to optimize lighting and presentation (no structural changes).

516 Pawling Avenue

$286,000
8 Beds 2 Baths 202615572 MLS
Fully renovated two-family in the heart of Troy offering the perfect blend of modern updates and strong investment potential. Both units have been completely remodeled featuring refurbished hardwood floors, solid surface countertops, beautifully tiled bathrooms, and open-concept layouts that today's tenants and buyers love. Each unit offers 4 spacious bedrooms and 1 full bathroom, providing excellent rental flexibility and income potential. The entire property is fully vacant, giving investors the opportunity to set market rents immediately or allowing an owner-occupant to move right in and offset their mortgage. This is a true turnkey property with low maintenance and major updates already completed. Ideal for investors looking to add a strong cash-flowing asset to their portfolio or for buyers seeking a move-in ready owner-occupied opportunity. Projected market rents of approximately $1,600 per unit.

161 6th Avenue

$490,000
7 Beds 3 Baths 202615485 MLS
MULTIPLE OFFER SITUATION. BEST AND FINAL OFFER DEADLINE IS MONDAY 4/27 @ 5PM. Rare opportunity to own an extensively upgraded three-family Victorian on Troy's desirable East Side with separate utilities, major capital improvements already completed, and a vacant first-floor unit ready for an owner-occupant or new tenant. The home retains beautiful historic character, highlighted by a stunning original staircase that winds gracefully through all three floors, creating a dramatic architectural focal point rarely found in multi-family properties. The second-floor apartment is the standout unit, fully renovated with gorgeous hardwood flooring, radiant floor heating in the living room, a brand-new kitchen with new appliances, and a beautifully updated bathroom. The first-floor unit is bright, open, and currently vacant, offering an excellent opportunity for an owner-occupant or new tenant, and features a new ceramic tile bathroom with updated plumbing, electrical, and insulation. The third-floor apartment offers three bedrooms and a spacious kitchen with new appliances, countertops, sink and faucet, along with a new pantry, updated lighting, and new flooring. Major improvements extend throughout the property and include all new roofs (house, porches, and garage), new windows throughout (excluding basement), new decks, exterior doors, landscaping, and a new concrete sidewalk and driveway apron. The basement has been significantly upgraded with a new concrete floor and French drain system, sump pump basin, new PEX plumbing with shut-off valves, three new hot water tanks, new electrical service with separate utilities for each unit plus house service, and lockable tenant storage. With significant structural and mechanical improvements already completed, the next owner can focus on income rather than major capital projects.

14 Locust Avenue

$299,900
4 Beds 3 Baths 202615256 MLS
Turnkey 3-family opportunity in Troy with nearly $100K in capital improvements already completed, offering a strong combination of income potential and long-term stability. This legally permitted three-unit property generates approximately $3,100+/month including on-site laundry, in a market where rental demand remains strong. Extensive upgrades between 2019-2026 include two new boilers, three separate hot water tanks, a fully replaced main sewer line, updated electrical with separate metering, and upgraded plumbing throughout. The exterior has also been significantly improved with a new roof, siding, and structural repairs, helping to minimize future maintenance concerns and enhance overall durability. Inside, two of the three units have been thoughtfully renovated. The first-floor 2-bedroom features a fully updated kitchen, refreshed bath, and modern finishes, while the studio offers new heating, lighting, and a refreshed interior. Additional property-wide improvements include durable LVP flooring, updated doors and windows, and enhanced safety features. With separated utilities, efficient operations, and proximity to Hudson Valley Community College and major employers, the property is well-positioned for consistent occupancy. Whether you're an investor seeking solid returns or an owner-occupant looking to offset your mortgage, this is a compelling opportunity to step into a well-maintained, income-producing asset in one of Troy's steadily evolving neighborhoods. Ample street parking is readily available. A smart, low-maintenance investment with solid income potential- ready for its next owner!

11 Elm Street

$328,000
6 Beds 2 Baths 202615162 MLS
*****Multiple offers, Best and final offer due Wednesday, April 23rd at 12:00 noon.***** This spacious and well-updated multifamily property showcases bright, open interiors and modern finishes throughout--perfect for both investors and owner-occupants. Each unit offers 3 generously sized bedrooms and 1 full bathroom, with large living areas that flow naturally into updated kitchens featuring quartz countertops, new cabinetry, and clean, contemporary finishes. Natural light fills the units, highlighting the fresh interior paint, updated windows, and thoughtfully refreshed spaces. The tiled bathrooms add a polished touch, while the overall layout provides both comfort and functionality for tenants or homeowners alike. The exterior offers solid curb appeal with a new roof (2026), updated front steps, and rear deck access--ideal for outdoor use and added tenant value. A 1-car garage provides additional convenience and storage. Major mechanical upgrades include a new 200-amp electrical panel, separate electrical meters, a new gas meter, and a high-efficiency hot air furnace on both floors--making this property not only attractive but also efficient and low-maintenance. Located just a short walk to Frear Park and minutes from RPI, downtown Troy, and major highways, this property combines location, space, and upgrades into a strong income-producing opportunity.

2422 Lavin Court

$1,625,000
46 Beds 17 Baths 202614769 MLS
17-unit multifamily portfolio located in South Troy consisting of three buildings and a separate vacant parcel with development potential. The unit mix includes twelve 3-bedroom units, four 2-bedroom units, and one 1-bedroom unit (45 total bedrooms). Approximately 75% of units have seen updates over the past ~2.5 years. Of the five vacant units, three are rent-ready and two are in the process of being turned over. Utilities are separately metered. The 4th St buildings also have separately metered water and sewer, providing the option to pass these expenses through to tenants. The portfolio includes a shared parking area and on-site laundry for tenant convenience. Zoned MU-1, the vacant parcel offers additional flexibility for future development (buyer to verify). Offered as a portfolio.

38 Tyler Street

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