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727 Burden Avenue, Troy
$185,000
7 Beds ⋅ 2 Baths ⋅ 202626448 MLS
Welcome to 727 Burden Ave Troy, a spacious two-family property offering an excellent opportunity for investors, owner-occupants, or those seeking flexible multi-generational living. 10.7% CAP RATE with a reported market range of 13.3% to 18.5%. The first-floor unit offers 3 bedrooms, 2 full bathrooms, two living rooms, and an additional room suitable for an office, storage, or flex space. The second-floor unit features 4 bedrooms and 2 living rooms, creating a generous layout for residents. Both units are currently rented, with reported combined rental income of $2,200 per month. Separate electric, gas, heat, water heater, and water utilities provide added convenience for tenants and ownership. The full basement adds valuable versatility with exterior access, finished and unfinished areas, a bathroom stub-in, and kitchen rough-in. The basement is not a separate apartment, and the property is zoned as a commercial two-family. The additional space offers potential for storage, workspace, recreation, or other permitted uses. Conveniently located in Troy's Capital Region, residents are near shopping, dining, recreation, education, and entertainment. Nearby destinations include Hudson River Commons, Hudson Valley Plaza, Prospect Park, Frear Park, and Riverfront Park. Downtown Troy offers restaurants, local shops, the Troy Waterfront Farmers Market, Troy Savings Bank Music Hall, and Hart Cluett Museum. Educational institutions including Rensselaer Polytechnic Institute, Hudson Valley Community College, and Russell Sage College add to the area's appeal. An opportunity to explore for investors seeking a spacious two-family property with established rental income, separate utilities, substantial basement space, and convenient access to all that Troy has to offer. Review the Income & Expense Sheet for additional financial information.

727 Burden Avenue, Troy

824 2nd Avenue, Troy
$399,000
5 Beds ⋅ 2 Baths ⋅ 202626121 MLS
A remarkably intact 1878 Victorian offering extraordinary original detail, tremendous scale, and an opportunity for its next steward to preserve and update it for another generation. Located just one block from the Hudson River, this grand home is a striking reminder of an era when homes were created as much for beauty and craftsmanship as for function. From the expansive wraparound porch to the soaring ceilings, beautiful original woodwork, grand staircase, bay windows and multiple fireplace mantels, nearly 3,700 square feet of finished living space is filled with details that would be extraordinarily difficult to reproduce today. The expansive floor plan offers 5 bedrooms, 1.5 baths, multiple gathering spaces, a formal dining room, eat-in kitchen and a large unfinished walk-up attic providing exceptional additional space and possibilities. Outside, the .32-acre corner lot, detached carriage house and impressive wraparound porch complement the home's substantial presence, with recent exterior and porch improvements adding to its appeal. Remarkably preserved rather than reinvented, the home is comfortable and livable today while offering abundant opportunity for thoughtful updating and improvement. For the buyer who values authenticity, artistry and individuality, this is a rare opportunity to own a home from an era when residences were not merely constructed--they were crafted. Just one block from the Hudson River and the 123rd Street boat launch, This home is ready for someone who appreciates what has survived and has the vision to carry it forward.

824 2nd Avenue, Troy

277 Congress Street, Troy
$999,000
11 Beds ⋅ 4 Baths ⋅ 202625554 MLS
Turnkey Student-Housing Investment Near RPI - Fully Renovated & Low Maintenance Rare opportunity to own a beautifully maintained, high-quality student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, modern amenities, quality furnishings, and excellent tenant appeal. The residence underwent a full renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These major infrastructure upgrades significantly reduce long-term operating costs, resulting in exceptionally low maintenance expenses--a major advantage for investors seeking stable, predictable cash flow. The property includes three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation and gatherings. Outdoor amenities include an updated back deck and a green backyard for tenant enjoyment. Prospect Park is directly across the street, with a convenience store nearby. Located within walking distance of RPI and Downtown Troy, the property offers easy access to campus, restaurants, shops, entertainment, and public amenities. It has a strong history of full occupancy, reflecting consistent demand for high-quality student housing. Highlights 11 Bedrooms; 4 Bathrooms Fully renovated: new electrical, plumbing, insulation, drywall Extremely low maintenance expenses Three HVAC systems; on-demand hot water heaters High-end furniture; stainless-steel appliances; quartz countertops Enclosed patio/entertainment room Updated back deck; green backyard Prospect Park across the street Walking distance to RPI and Downtown Troy Approx. $92K gross annual rental income Strong history of full occupancy Proof of income or financial qualification required before scheduling a showing.

277 Congress Street, Troy

2215-2217 5th Avenue, Troy
$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. Back on the market! The previous buyer withdrew without providing a reason, creating another opportunity to purchase 2215-2217 5th Avenue in Troy. Contact us for details or to schedule a showing.

2215-2217 5th Avenue, Troy

855 Hoosick Road, Troy
$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, Troy

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