635 2nd Avenue new Save Request In-Person Tour Request Virtual Tour
Troy,NY 12182
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,630 sqft
Price per Sqft $44
MLS Listing ID 202526721
Bedrooms 2
Full Baths 3
Year Built 1910
Annual Tax Amount $4,600
Lot Size 0.270 Acres
Property Sub-Type Triplex
Property Description
Solid brick mixed-use building in the heart of Troy with multiple streams of income and endless potential. The first floor features a commercial storefront, ideal for retail or office use. A massive fenced parking lot offers plenty of off-street parking and the possibility for additional rental income. Two billboards attached to the building provide steady income year after year. Upstairs, you'll find two studio apartments on the 2nd floor, with preliminary approvals in place for two additional studios on the 3rd floor. A huge attached garage with 10' doors also generates rental revenue and offers flexible use for tradespeople, storage, or workshop space. With a combination of residential, commercial, and advertising income—plus expansion potential—this is a one-of-a-kind investment opportunity in a growing market.
Location
State NY
County Rensselaer
Interior
Heating Natural Gas
Exterior
Exterior Feature Other
Garage Spaces 2.0
Building
Sewer Public Sewer
Water Public
Schools
School District Lansingburgh
Others
Special Listing Condition Standard