Troy Real Estate | Troy Just Listed Properties for Sale

11 Beds ⋅ 3 Baths ⋅ 202626482 MLS

Here's an opportunity to add a well-sized multifamily property to your real estate portfolio in Troy, NY. This three-unit property offers a desirable unit mix consisting of two four-bedroom apartments and one three-bedroom apartment, providing substantial living space across all three units. The larger layouts make this property appealing to a wide range of potential tenants, while the three-unit configuration provides multiple income streams under one roof. Whether you are an investor looking to expand your portfolio, an owner-occupant interested in offsetting housing costs with rental income, or someone looking for their next multifamily project, this property offers plenty of possibilities. The property is ready for a new owner to bring their vision and make the most of what it has to offer. With three generously sized apartments and a strong bedroom count, there is an opportunity to create a property that can serve both tenants and an investor's long-term goals.

211 4th Street, 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

$219,900

6 Beds ⋅ 2 Baths ⋅ 202626365 MLS

Solid brick two-family home offering 3 bedrooms in each unit and 2 off-street parking spaces. Both units have separate utilities. New windows for Unit 1 are currently on order and will be installed prior to closing. Alternatively, the seller is willing to sell the property ''as is,'' allowing the new owner to handle the window installation. The property has an excellent rental history and has never been vacant until recently. Each unit previously rented for $1,400 per month, with tenants responsible for their own utilities. Unit #1 also offers additional basement finished space, providing the new owner with the opportunity to utilize the area for additional living, recreation, storage, or other permitted uses. A great opportunity for an investor or owner-occupant looking for a solid two-family property with strong rental history.

356 4th Street, Troy

$272,400

8 Beds ⋅ 2 Baths ⋅ 202626272 MLS

A Very Unique Perfect Owner Occupied or Rental Property, 2 Family with additional 1 bedroom inlaw apt 1st floor. spacious 3 bedroom upper unit, leased . lots of parking and extra lot fenced included. full basement beautiful large yard for entertainment and large gatherings with sliding doors to rear deck. great home for entertaining Vinyl siding Newer vinyl Windows GasHotWater Heat. Easy to View!!

150 5th Avenue, Troy

$3,499,000

202626203 MLS

Historic character meets incredible commercial potential in the heart of Downtown Troy! This beautiful and versatile building offers a unique opportunity for businesses seeking warehouse, industrial, retail, office, event, or distribution space. The property features expansive warehouse facilities, retail areas, offices, bonus rooms, and an event room with supporting facilities, offering endless possibilities for a creative and adaptable business concept. Ideal for warehouse operations, distribution centers, showroom/retail, creative studios, office headquarters, events, production, storage, or a combination of uses. Bring your vision to a distinctive Downtown Troy property with character, flexibility, and tremendous potential.

2600 6th Avenue, Troy

$209,000

3 Beds ⋅ 1 Baths ⋅ 202626136 MLS

Welcome to 434 8th Avenue! This beautifully refreshed 3-bedroom, 1-bath home is the kind of property buyers have been waiting for--move-in ready, thoughtfully updated, and ready for its next chapter. From the moment you arrive, you'll appreciate the attention to detail and the extensive improvements that have already been completed. A brand-new roof, refinished hardwood floors, fresh interior paint, updated electrical and plumbing, and an updated kitchen and bathroom provide the perfect combination of comfort, style, and peace of mind. The exterior has also been freshly painted, and new front and rear steps add to the home's refreshed appeal. Best of all, the major updates are already done, allowing you to move in and enjoy rather than take on a lengthy renovation. Conveniently located close to schools, parks, shopping, restaurants, and major roadways, this home offers both convenience and value. If you've been searching for a home that feels fresh, updated, and ready from day one, this is one you won't want to miss!

434 8th 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

$125,000

3 Beds ⋅ 2 Baths ⋅ 202626057 MLS

Vacant Troy Duplex with Exceptionally Low Taxes! This two-family property offers plenty of potential for an investor or owner-occupant. The first floor needs work, while the second floor is in much better condition and features updated carpeting. Enjoy a shaded front yard, privacy fence, and large open backyard -- a great amount of outdoor space for a Troy property. The seller has also recently added new support beams in the basement to provide additional support to the existing structure; see photos for details. Property taxes are an incredible under $1,500 annually, an unusually low tax burden for a Troy duplex. Bring your vision and unlock the potential!

329 1st Street, Troy

$140,000

3 Beds ⋅ 2 Baths ⋅ 202626047 MLS

Bring your creativity to this charming 3-bedroom, 1.5-bath Troy home! Enjoy a fenced-in backyard, a detached garage, and plenty of extra storage in the attic and basement. The first floor layout offers a large open dining area and kitchen as well as living room.The second floor offers 3 bedrooms with walkup attic as well as a back porch leading down to the backyard. Located in the heart of Troy, this home offers convenient access to the city's shops, restaurants, parks, and everyday amenities. Full of potential and ready for your personal touch, this home is waiting for you to make it your own.

322 1st Street, Troy

$349,900

6 Beds ⋅ 4 Baths ⋅ 202625859 MLS

Great addition to any investor's portfolio! Solid, brick 4-unit apartment building in historic Troy. 2025 Brand new flat roof & shingle roof. Separate utilities! Tenants pay electric, gas, heat, hot water. Long term tenant and rent can be higher. Detached garage great for additional rental income, or just storage or parking. Plus an additional 4 off-street parking spaces. Fully fenced back yard and extra wide side yard. Mix of 2 bedroom and 1 bedroom units. Most units have laundry hookups.

540 2nd Street, Troy

$189,777

3 Beds ⋅ 1 Baths ⋅ 202625744 MLS

Welcome to the Cottage in the City! Discover affordable living in Troy's desirable Albia neighborhood. Located on Pawling Avenue yet tucked away on a private lane, this charming home offers a wonderful blend of convenience, comfort, and privacy. The main level features an inviting open floor plan connecting the living room, kitchen, and dining area, along with a convenient first-floor bedroom, full bathroom, and laundry/pantry area. Upstairs, you'll find a spacious bedroom plus the third bedroom or additional room perfect for a nursery, den, home office. Numerous updates add to the home's appeal, including 1st floor down to the studs renovation, with new insulation, 5/8" fire rated sheet rock, a newer natural gas furnace, updated electrical panel, fresh flooring, select replacement windows, a new water service line, and a new grinder pump. Outside, enjoy the large, private front porch and fully fenced yard, offering space to relax, entertain, or enjoy the outdoors. Whether you're a first-time homebuyer, looking to downsize, or searching for an affordable alternative to renting, this charming city cottage is full of potential. Conveniently located near local amenities, this is a wonderful opportunity to own a home in Troy's desirable Albia neighborhood. Don't miss it!

612 Pawling Avenue, Troy

$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 offers a fully renovated two-family residence plus an adjoining vacant lot--providing stable cash flow, premium finishes, and long-term development potential. The main residence at 7 Brunswick Road features 8 bedrooms and 4 full bathrooms across two modern units. The property underwent a comprehensive renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These full-system upgrades significantly reduce operating costs and result in exceptionally low maintenance expenses. Each unit includes granite countertops, stainless steel appliances, updated flooring, high-end furnishings, and independent HVAC systems, making the building fully turnkey and optimized for student demand. With annual gross rental income of $67k, investors benefit from strong cash flow, proven occupancy, and continued rent-growth potential. The combined double lot provides 8 off-street parking spaces, a major advantage for student tenants. The vacant parcel at 9 Brunswick Road adds meaningful flexibility--ideal for future units, outdoor amenities, or long-term land value. Key Investment Highlights Gross Annual Rental Income: $67,290 8BR / 4BA | 2,672 SF Fully renovated: new electrical, plumbing, insulation, and drywall Extremely low maintenance expenses Furnished and student-optimized Two independent HVAC systems Double lot with 8 parking spaces Vacant buildable parcel included Strong occupancy history 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 before scheduling a showing. Showings by appointment only.

7 Brunswick Road, 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

$188,000

6 Beds ⋅ 2 Baths ⋅ 202625401 MLS

Here's a chance to own a piece of Troy history! Built in 1885, this all-brick home has kept its classic charm and strong bones. This 2-family home is great for owner occupant and investor friendly Close to bus stops and 10 minutes from Downtown Troy! Full front and backyard and off-street park is a major plus! First floor has a long-term tenant, while the 2nd floor offers a new furnace and hardwood floors throughout!

893 River Street, Troy

$250,000

6 Beds ⋅ 2 Baths ⋅ 202625177 MLS

Attention investors looking for a fully occupied, positive cash flowing duplex in Troy. With $36,000 annual gross income and an approximate NOI of $31,200, this property provides a cap rate of over 11%. This beautiful brick duplex offers 3 bedrooms and 1 bath in each unit, remodeled kitchens, new furnaces, hot water tanks and a new rubber roof. The home has newer vinyl replacement windows. Basement could be finished to offer up additional living space. Tenants pay heat, electric, gas, hot water, heat, cable, internet All units separately metered (2 meters in basement).

3236 6th Avenue, Troy

$314,999

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, Troy

$369,000

4 Beds ⋅ 2 Baths ⋅ 202624968 MLS

Twilight Open House Thursday (10/8) 4-6pm Move-in ready 4-bedroom Colonial near Frear Park in Troy, offering 1,635 sq. ft. per public record. Beautifully refreshed from top to bottom, this home features a new roof, new windows, fully renovated bathrooms, fresh interior paint, and beautifully refinished hardwood floors throughout much of the home. The freshly painted kitchen features new vinyl flooring, while the basement has also been refreshed with new vinyl flooring, offering additional space for a variety of uses. Classic details, including a wood-burning fireplace, built-in bookcases, and a formal dining room, add warmth and character throughout. Outside, enjoy a large, flat, and private backyard with plenty of space for entertaining, gardening, play, or simply relaxing. The location offers the best of both worlds: a quiet, established residential neighborhood with Frear Park and its golf course within walking distance, while RPI, Downtown Troy, the YMCA, shopping, dining, and everyday conveniences are all nearby. Easy access to Hoosick Street/Route 7 provides convenient connections throughout the Capital Region and north toward Saratoga. Whether you're looking for a move-in ready home to call your own or a property with long-term investment potential, this home offers a great combination of location, condition, usable space, and value. Fresh, spacious, beautifully updated, and ready for its next owner.

47 Pointview Drive, Troy

$699,999

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, Troy

$205,000

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, Troy

$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, Troy

$199,999

4 Beds ⋅ 2 Baths ⋅ 202624648 MLS

Completely redone and ready to impress! Welcome to 486 W Park Pl in Troy, where extensive updates and thoughtful improvements have transformed this 4-bedroom home into a property that truly stands out. From the moment you arrive, it's clear that a tremendous amount of work has gone into this home, creating a fresh, updated feel while providing the space and functionality today's buyers are looking for. Step inside to a welcoming interior featuring four spacious bedrooms, offering plenty of room for family, guests, a home office, or flexible living arrangements. The home has been extensively renovated and updated, with improvements throughout designed to provide comfort, style, and peace of mind. The updated living areas offer excellent space for both everyday living and entertaining, while the generous bedroom count provides the flexibility that is so difficult to find. Whether you're searching for a primary residence, an investment opportunity, or a home with room to grow, this property offers tremendous potential. Major work has been completed throughout the property, giving the next owner an opportunity to enjoy the benefits of a substantially improved home without taking on a major renovation project themselves. Located close to downtown Troy, shopping, restaurants, schools, parks, entertainment, and major Capital Region roadways, this home puts everyday conveniences within easy reach while offering a comfortable place to call home. Turnkey feel, extensive renovations, four bedrooms, and a convenient Troy location - 486 W Park Pl is ready for its next chapter. Schedule your showing today!

486 W Park Place, Troy

$29,000

202624454 MLS

Take advantage of this opportunity to own vacant land at 1035 6th Ave and 1037 6th Ave. Each parcel is available for purchase separately, or buyers have the option to purchase both parcels together. Whether you're looking for a single parcel or additional land by combining both, this flexible opportunity offers options to suit your needs. Contact us today for more information or to explore purchasing one or both parcels.

1037 6th Avenue, Troy

$29,000

202624455 MLS

Take advantage of this opportunity to own vacant land at 1035 6th Ave and 1037 6th Ave. Each parcel is available for purchase separately, or buyers have the option to purchase both parcels together. Whether you're looking for a single parcel or additional land by combining both, this flexible opportunity offers options to suit your needs. Contact us today for more information or to explore purchasing one or both parcels.

1035 6th Avenue, Troy

$245,900

7 Beds ⋅ 2 Baths ⋅ 202624370 MLS

Turnkey renovated two-family with separate utilities — a clean investor buy in Lansingburgh. 3BR down, 4BR up with enclosed front porch. Both units fully updated: new roof, renovated kitchens and baths, new flooring, in-unit W/D hookups. All-new electric baseboard heat — no boiler or furnace to maintain. Heat and electric are tenant-paid. Over $75,000 in capital improvements since 2022. Fully leased at $3,100/mo — income in place from day one. Downstairs 3BR through 7/31/2027, upstairs 4BR through 3/31/2027. Taxes approx. $3,800/yr. Minutes to RPI, HVCC, and major commuter routes. Listing broker holds an ownership interest in the subject property.

75 5th Avenue, Troy

$475,000

4 Beds ⋅ 3 Baths ⋅ 202624260 MLS

A true gem unlike anything else in the City of Troy, 10 Gurley Avenue offers a combination of privacy, acreage, and potential on nearly 7 acres of picturesque grounds. Set well off the road and surrounded by nature, this rare estate provides a level of seclusion that feels worlds away while remaining just minutes from everything the Capital Region has to offer. The full-brick ranch showcases classic mid-century design with over 2,700 sqft of spacious living area, 4/5 bedrooms, 2.5 bathrooms, hardwood floors, a wood-burning fireplace, a generously sized primary suite, and an elegant library. Recent improvements and interior updates have enhanced the home's comfort and appeal while preserving the character and charm that make the property so special. The full basement offers endless possibilities for future living space, a home gym, workshop, recreation area, or whatever vision the next owner brings. Outside, the setting is simply exceptional. Enjoy seasonal views, frequent visits from deer and other wildlife, and a newer beautiful heated in-ground pool that transforms the backyard into a private retreat. The expansive 6.93-acre parcel offers endless opportunities for recreation, future enhancements, or simply enjoying the peace and privacy. Subdivision possible with proper approvals. Whether you're looking for a move-in-ready home, a property with room to create your dream vision, or a long-term investment with tremendous upside, 10 Gurley Avenue represents a truly rare opportunity to own one of Troy's most unique residential offerings.

10 Gurley Avenue, Troy

$315,000

3 Beds ⋅ 2 Baths ⋅ 202624214 MLS

A stunning ranch home sits in a highly-sought neighborhood. It features 3 spacious bedrooms and 1.5 baths.Enjoy an open concept living space that flows into the kitchen. The finished basement includes a family room, extra kitchen ,dry bar and half bath. It has plenty of off street parking and a 1 car garage. There is a beautiful deck off the back of the house overlooking a fenced yard.

5 Ballina Street, Troy

$150,000

4 Beds ⋅ 2 Baths ⋅ 202624171 MLS

Investment Opportunity in Troy! Bring your vision and unlock the potential of 708 3rd Ave. This property offers an excellent opportunity for an investor, contractor, or buyer looking to add value. Foundation work has been recommended, and the list price has been adjusted to reflect the anticipated repairs and improvements needed. This property presents an opportunity to build equity and maximize potential.

708 3rd Avenue, Troy

$200,000

202623968 MLS

Convenient city location to own this 0.52 acres with endless possibilities. More than half is cleared and ready for your building plans. Bring your vision to life!

11 Orr Street, Troy

$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, Troy

$262,500

4 Beds ⋅ 2 Baths ⋅ 202623814 MLS

NEW PRICE! Income-producing two-family property generating $33,000 in annual rental income! Offered at $262,500, this spacious Troy property presents an excellent opportunity to add an established rental property to your investment portfolio. Featuring approximately 2,210 square feet of living space, both units are currently tenant-occupied, providing immediate rental income for the next owner. Separate utilities add to the property's investment appeal. Situated on an oversized corner lot, the property features a generous fenced-in yard backing to the Poestenkill Creek, offering a unique combination of outdoor space and income-producing potential. Whether you're a seasoned investor or looking to purchase your first multifamily property, this two-family offers existing rental income, a spacious layout, and long-term investment potential.

345-349 4th Street, Troy

$824,900

6 Beds ⋅ 7 Baths ⋅ 202623448 MLS

Investors take notice. Beautifully updated and well maintained solid brick mixed use building located on River Street in the heart of Downtown Troy. This property features four residential units, including two 1 bedroom 1 bath apartments, one 2 bedroom 1 bath apartment, and one 2 bedroom 2 bath apartment, along with a well established and successful retail restaurant on the first floor. All units are leased, providing immediate rental income. Separate utilities, off street parking, and the low maintenance benefits of solid brick construction make this an easy property to own and manage.

40 River Street, Troy

$229,900

4 Beds ⋅ 2 Baths ⋅ 202623215 MLS

**MOTIVATED SELLER -- BRING YOUR OFFER!** Welcome to **78 Middleburgh Street in Troy**, a beautifully renovated home where nearly everything has been updated, offering modern comfort and peace of mind. This move-in-ready property features extensive improvements throughout and is ready for its next owner. The exterior has been extensively updated with a **new roof, siding, windows, exterior doors, and a complete electrical system**. Inside, you'll find a bright and refreshed interior with **new flooring, fresh paint, new interior doors, updated lighting, and brand-new carpeting on the stairs**. The fully renovated kitchen features **new cabinets, sink, and appliances**, while the bathrooms have been completely updated with **new vanities, mirrors, toilets, and a new tub**. An additional **half bath has also been added** for extra convenience. Major mechanical updates include a **new gas furnace with conversion from oil to natural gas, a new hot water tank, and washer and dryer hookups**. With so many major improvements already completed, this home offers the convenience of a truly turnkey property. **Coming soon:** A new paved driveway will be added to the backyard, providing convenient access and enhanced functionality. Conveniently located near **downtown Troy, shopping, restaurants, schools, and major highways**, this home offers an excellent combination of modern updates and everyday convenience. **Motivated seller -- don't miss the opportunity to make this beautifully renovated property your new home! Bring your offer and schedule your showing today.**

78 Middleburgh Street, Troy

$149,000

202623051 MLS

MAJOR PRICE REDUCTION! NOW OFFERED AT $149,000! MOTIVATED SELLER! An exceptional opportunity to own a 2,220 SF commercial property in Troy's Lansingburgh neighborhood. Recently reduced, this property includes the real estate and approximately 23 washers, 18 large dryers, and 8 small dryers. Previously operated as a laundromat, the property offers potential for an owner-operator or investor to restore operations or explore alternative permitted commercial uses. The laundromat is currently not operating. Sold AS-IS. Seller is motivated and welcomes serious offers. Buyer to verify equipment condition, property information, zoning, and permitted uses.

654 2nd Avenue, Troy

$213,500

3 Beds ⋅ 3 Baths ⋅ 202623014 MLS

Tastefully updated throughout & located on a quiet corner lot. This recently renovated home has an Eat-in kitchen with granite countertops, newer stainless steal appliances & cabinets. Large living & formal dining room both with refinished hardwood floors and many sun filled windows. 1 full & 1 half newer bathrooms also on 1st floor. Newer washer & dryer in Laundry Room conveniently located on first floor. Second floor Primary suite w/ walk in closet & Large tiled Full Bathroom w/ custom barn door entry. 2nd bedroom also on 2nd floor with walk in closet. 3rd floor Bedroom makes the perfect storage area or hang out too! utility basement only. Walk thru back porch with storage closet to large fenced-in yard with Shed & firepit area. New Tankless hot water system. Off street parking! Just a walk to the City of Troy pool! 1 mile from HVCC.

57 Mann Avenue, Troy

$109,900

3 Beds ⋅ 2 Baths ⋅ 202622749 MLS

This Troy two-family property is an excellent opportunity for investors seeking a cash-flowing rental or owner-occupants looking to offset their mortgage with rental income. One unit is currently vacant, providing the flexibility to move in or secure a new tenant while the second unit generates income. With its two-unit layout and strong potential, 7 Winnie Ave offers an attractive opportunity to build equity and add a solid investment to your portfolio.

7 Winnie Avenue, Troy

$129,900

2 Beds ⋅ 2 Baths ⋅ 202622687 MLS

Heart of Troy. Don't miss this incredible opportunity to own a beautifully renovated home in central Troy for less than the cost of renting! QUALIFIES FOR MAJOR GRANT UNDER TROY'S FIRST TIME BUYER'S HOMEOWNER ASSISTANCE PLAN. UP TO $30,000 AVAILABLE This move-in-ready property has been completely rehabbed from top to bottom, featuring a brand-new roof, new siding, new kitchen, new floor and two fully updated bathrooms. Inside, you'll find 2 spacious bedrooms plus a versatile loft--perfect for a home office, guest space, or playroom. The bright, modern kitchen offers stylish finishes and plenty of cabinet space, while the updated bathrooms provide contemporary comfort. Whether you're a first-time homebuyer or looking to downsize, this affordable home offers low-maintenance living with all the major updates already completed. Conveniently located near downtown Troy, shopping, restaurants, schools, and major highways. Why rent when you can own? Schedule your showing today and make this beautifully renovated home yours!

3034 7th Avenue, Troy

$360,000

9 Beds ⋅ 3 Baths ⋅ 202622570 MLS

Excellent investment opportunity in Troy, NY! This fully occupied three-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180

375 8th Street, Troy

$260,000

7 Beds ⋅ 2 Baths ⋅ 202622568 MLS

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180

3365 6th Avenue, Troy

$260,000

6 Beds ⋅ 2 Baths ⋅ 202622566 MLS

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180

3357 6th Avenue, Troy

$210,000

4 Beds ⋅ 2 Baths ⋅ 202622562 MLS

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180

19 Defreest Avenue, Troy

$230,000

7 Beds ⋅ 2 Baths ⋅ 202622561 MLS

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property consist of 1st floor 4 bd. apt.2 living rooms, eat in kitchen, and full bathroom.2nd unit consist of 2floors.{second floor and 3rd floor)Which has 3 bedrooms, 5 liv rooms,eat in kit.,and full bathroom.Both units generate over $38,400 anually.2nd floor was partially renovated 2 years ago .All units sep. utilities. 1st floor tenant has occupied unit for 5 yrs plus. Landlord is responsible for water and trash bills. This is and excellent opportunity for and investor whom is looking to extend There portfolio. Investors who are int. in more than 1 property may combine this deal with others that are offered by the same seller. in Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180

161 5th Avenue, Troy

$400,000

202622092 MLS

Prime Commercial Corner Lot with Outstanding Development Potential! Exceptional opportunity to own a large commercially zoned corner lot at a high-visibility, high-traffic intersection. Ideally situated near Hannaford, Walgreens, and a gas station, this property offers excellent exposure for a wide variety of businesses. Located within walking distance of the scenic Hudson River and the public boat launch, this property is also positioned to benefit from the planned new apartment complex to be built on the former Price Chopper waterfront site, bringing additional residents, traffic, and business potential to the area. With City of Troy approvals, the property is suitable for numerous commercial uses.

880 2nd Avenue, Troy

$385,000

3 Beds ⋅ 2 Baths ⋅ 202621916 MLS

This beautifully maintained 3-bedroom, 2-full-bath ranch offers the perfect blend opportunity to create a home that's uniquely yours. With a little vision and your own personal touches, you can transform this property into something truly special. This home offers comfort, functionality, easy one-level living and a new roof. The open-concept layout seamlessly connects the kitchen, dining area, and spacious living room, where a cozy gas fireplace creates the perfect gathering space for family and friends. Just off the back of the home, you'll find a heated enclosed rear porch--ideal for enjoying your morning coffee, relaxing with a good book, or entertaining year-round. Need space for vehicles, hobbies, or storage? This home features an impressive heated 3-car garage along with plenty of off-street parking. Whether you're looking for your first home, your forever home, or simply the convenience of ranch-style living, this property is ready to welcome you. Schedule your private showing today!

43 Gurley Avenue, Troy

$189,900

3 Beds ⋅ 1 Baths ⋅ 202621908 MLS

Charming bungalow nestled on a quiet neighborhood street offering far more space than meets the eye with over 1,500 sq. ft. of living space! This flexible floor plan features 4 bedrooms, including a spacious primary bedroom with a walk-in closet. The first floor offers a formal dining room, large eat-in kitchen, convenient first-floor laundry, and beautiful tin ceilings that add timeless character throughout many of the rooms. Relax on the inviting covered front porch or take advantage of the detached one-car garage with a new roof (2024). Additional updates include a new hot water tank (2025). An excellent opportunity for a first-time homebuyer looking for space, character, and value. Conveniently located near shopping, restaurants, parks, schools, and major highways, this home is ready for its next owner.

446 7th Avenue, Troy

$199,900

6 Beds ⋅ 7 Baths ⋅ 202621651 MLS

CASH OFFERS ONLY. 6 Unit plus storefront. Full gut/rehab. Bring a hammer and a vision for a terrific equity opportunity. Bring a flashlight.

616 Second Avenue, Troy

$4,149,000

202621635 MLS

Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stainless steel appliances and in-unit laundry. Residents enjoy on-site parking and ''All-In Living'' package, which combines fiber internet, cable, electricity, heating, air conditioning and hot water into one monthly payment. Proven rental history, attractive in-place cash flow and operational upside through improved management efficiencies make this a strong investment opportunity.

2920 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

$525,000

4 Beds ⋅ 2 Baths ⋅ 202621488 MLS

Welcome to ''The House of Troy'' - a one-of-a-kind opportunity that's as charming as it is profitable! Currently operating as a highly successful turnkey Airbnb with 100% 5-star review ratings and a proven book of business, this beautifully renovated home is being offered fully furnished, making it the perfect investment for anyone looking to step into the short-term rental market from day one. Prefer a place to call home? You'll fall in love with its character, warmth, and thoughtfully designed spaces. Located on Troy's desirable East Side, just 7 miles from Albany, this stunning 4 bedroom, 1.5-bath home seamlessly blends historic charm with modern updates. Recent improvements include a new roof, updated electrical and plumbing, a modern kitchen, central air, central heating, and more, offering peace of mind while preserving the home's timeless appeal. Inside you'll find 9-foot ceilings, over 3,000 sq ft, hardwood floors, spacious bedrooms with oversized closets, a cozy wood-burning fireplace, and a finished third-floor bonus space perfect for a home office, guest suite, or additional living area. Step outside and discover your own private backyard retreat. The fully fenced yard is designed for entertaining and relaxing with a stamped concrete patio, pergola, furnished outdoor living areas, multiple dining spaces, gas grill, wood-burning fire pit, hammock, basketball hoop, & a covered front porch. The showstopper is the glam camper, complete with a skylight, creating a truly unforgettable guest experience or your own private escape. A shed with a dedicated workspace adds even more versatility. Additional features include Smart TVs, antique & eclectic furnishings, a six-person dining area, gas range, dishwasher, microwave, washer and dryer, keyless entry, security cameras, driveway with off street parking & additional street parking, and every detail needed to continue operating as a thriving Airbnb. The House of Troy is an opportunity you won't want to miss!

8 Alder Avenue, Troy

$2,995,000

202621359 MLS

Exceptional institutional campus and redevelopment opportunity in the heart of Troy. Situated on approximately 1.59 acres, this landmark property features over 72,000 SF (100,000+ SF including additions and outbuildings). Currently configured as a private educational facility, it is well suited for continued school, educational, religious, nonprofit, healthcare, municipal, or other institutional uses. The property also offers outstanding adaptive reuse potential for apartments, student housing, senior housing, mixed-use, or other residential redevelopment (subject to approvals). Featuring high ceilings, an elevator, flexible floor plans, and timeless brick architecture, this is a rare opportunity to acquire one of the Capital Region's most significant institutional properties.

192 9th Street, Troy

$749,500

202621228 MLS

Sale includes building, deli & catering business, laundromat, all equipment for both. Established by the current owner for over 30 years and still growing! The famous Patricelli Deli catering continues to proudly serve the Capital District. Includes 2 bedroom modern apartment with market rent:$1000/6 month lease until Dec. 31. Updates include new kitchen and bath(photos included). Laundry business $57K annually. Located just steps from Washington Park in Historic Downtown Troy.

219-221 2nd Street, Troy

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