NY > Troy
Troy, NY 12180,171 Hill Street
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Troy, NY 12180,171 Hill Street
Troy, NY 12180,171 Hill Street
Troy, NY 12180,171 Hill Street
Troy, NY 12180,171 Hill Street
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Listed by Leon Levy • Berkshire Hathaway Home Services Blake
$ 2,400,000
Est. payment /mo
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Active

171 Hill Street Troy, NY 12180

23 Beds

24 Baths

5,488 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,488 sqft

Price per Sqft $437

MLS Listing ID 202521196

Bedrooms 23

Full Baths 24

HOA Y/N No

Year Built 1940

Annual Tax Amount $10,276

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Multi Family

Source Global MLS

Property Description

Welcome to Hill Street, a unique investment package, this well-maintained commercial asset is currently used as Veterans community living(but not exclusively for veterans)which provides a rare opportunity to own a high-performing investment in a growing area. The primary property features 23 private rooms, each with its own bathroom, providing privacy and comfort for residents. Shared common areas create a welcoming, community-oriented environment that supports long-term tenancy.
Included in the sale is a two-unit residential property located next door - ideal for staff housing, additional rental income, or future redevelopment. Included is a vacant lot directly behind the boarding house, offering space for potential expansion, additional parking, or new development (buyer to verify zoning).
Please note that taxes are a fraction when compared to other real estate holdings of similar value. Additionally ,landlord-tenant laws regarding eviction if, necessary , do not apply to this type of asset
Sold as a package with 177 Hill st(updated 2 family) and adjacent 1 acre parcel fronting Ida st.

Location

State NY

County Rensselaer

Direction Spring Ave to Hill Street. Property on the left

Interior

Interior Features High Speed Internet, Walk-In Closet(s), Built-in Features

Heating Forced Air, Natural Gas

Flooring Carpet, Concrete

Window Features Screens

Exterior

Exterior Feature Other

Parking Features Other, Off Street, Paved

Building

Lot Description Level, Cleared

Sewer Public Sewer

Water Public

Architectural Style Rooming House

Schools

School District Troy

Others

Tax ID 381700 112.21-6-12

Special Listing Condition Standard

Inglenook Realty, Inc.

Inglenook Realty, Inc.

Broker | License ID: 109931319

+1(518) 882-6236

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171 Hill Street

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