22 2nd Avenue Troy, NY $ 725,000
22 2nd Avenue
$ 725,000
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22 2nd Avenue

Troy, NY, 12180
$ 725,000
Bedrooms12 Baths8.0 Sq 4,508

Monthly Estimate*

$ 4,819

22 2nd Avenue, Troy, NY 12180 - Image 1

Multi-Family Home for sale in Troy, NY

for $725,000 with 12 bedrooms and 8 full baths. This 4,508 square foot home was built in 1920 on a lot size of 0.1.

This 8-unit multi-unit property is an outstanding investment opportunity. The rents for each unit have been brought up to market value, with a high ROI of 12.1% and cap rate of 9.6%. Including many upgrades throughout the building. 2 units are currently available. May 1st, the units will be filled, which will complete the 8 units being fully occupied. Close to public transportation and restaurants.

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Multi-Family Active

Price

$ 725,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 10,901

Style

Apartment 4 Plus Unit

Lot Size

0.1

Year Built

1920

Town/City

Troy

County/Region

Rensselaer

MLS | Web ID

202514778

Features
General
Sewer Public Sewer
Heating Baseboard Electric Natural Gas
Possession At Closing
Zoning Multi Residence
Garage Spaces 0.0
Architectural Style Apartment 4 Plus Unit
Construction Materials Aluminum Siding
Year Built 1920
Property Subtype Multi Family
County Rensselaer
New Construction N
Property Type MultiFamily
HOA N
Full Baths 8
Status Active
Directions River St to 101st St
City Troy
High School District Lansingburgh
Number Of Units Total 8
Lot Size Units Acres
Lot Size Square Feet 4356.0
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Land Lease Y/N N
Tax Annual Amount 10901.58
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Tax Lot 28.000
Interior
Basement Full
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 4508.0
Half Baths 0
Total Bedrooms 12
Below Grade Finished Area 0.0
Below Grade Finished Area Source Public Records
Above Grade Finished Area Source Public Records
Total Baths 8
Exterior
Exterior Amenities None
Fencing Back Yard
Water Source Public
Lot Size Area 0.1
Spa N
Lot Size Acres 0.1
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Internal Only
Street Number 1 22
* Excluded Features
List By
Bryan Permaul

Listing Agent

Coldwell Banker Prime Properties

Broker

(518) 221-6037

Phone

permaulbryan@gmail.com

Email

Affordability Calculator

$5,727
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,819
Monthly Property Taxes
$908
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853462 Elementary School
853135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2025$725,000 Listed Price

Map


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22 2nd Avenue, Troy, NY, 12180 is a Multi-Family Home for sale at $725,000 with 4,508 sqft and a lot size of 0.1. 22 2nd Avenue has 12 bedrooms, 8.0 baths, and was built in 1920. The property's zip code is 12180 which is in Troy, NY