Browse All Troy NY Between $900K - $1M Properties for Sale

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

$950,000

12 Beds ⋅ 8 Baths ⋅ 202513828 MLS

**Prime 8-Unit Brownstone in Downtown Troy** Located in a vibrant neighborhood near Russell Sage College, this 8-unit brownstone is a stellar investment opportunity. Situated on a triple lot with expansion potential, the property features 5 of the 8 units fully renovated/updated, stable long-term tenants, and under-market rents for increased cash flow potential. The 1st floor(basement) could be converted into an additional 9th unit, Laundry amenity provides additional cash flow. An experienced property manager, in place for 8 years, is willing to stay on for seamless operations. Perfectly, walkable area close to shops, restaurants, and schools, this property offers both immediate income and long-term growth potential.

156 2nd Street

$900,000

15 Beds ⋅ 9 Baths ⋅ 202513017 MLS

Welcome to 350 Congress St, a great opportunity to owe an investment property close to RPI campus. Beautifully updated home artfully combines historic charm with modern upgrades. Step inside to discover an open, light-filled living space adorned with original architectural details and gleaming hardwood floors. The contemporary kitchen features stainless steel appliances, elegant cabinetry, and a functional layout perfect for entertaining. With spacious bedrooms and updated baths, every room has been designed for comfort and style. Located just steps from Troy's vibrant arts, dining, and shopping scene, this property offers an exceptional blend of city convenience and timeless character. High ROI! A must see!

350 Congress Street

$1,161,100

7 Beds ⋅ 6 Baths ⋅ 202420308 MLS

The Warren House c. 1853 - This iconic Troy mansion with 4 residential units is truly one of a kind and has had one owner for over 50 years. Historic features abound throughout the home and include fireplace mantles, pocket doors, unique wood carvings, stained glass, graceful stairway, plaster and tin ceilings, butler safes, sleeping porch, ornamental woodwork, servants' quarters and so much more. The private courtyard is full of perennials and serves as a serene oasis. Close to all Troy's downtown has to offer including RPI, Russell Sage, Prospect Park and the famous Farmers' Market. If that's not enough, this block has been featured in HBO's The Gilded Age and several films. The property is part of the Washington Park Association and located in the flood zone. Don't miss this one!

200 Washington Street

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Between $900K - $1M Troy Real Estate

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