$199,999

556 2nd Street, Troy, NY 12180

  • 4 beds |
  • 2 baths |
  • 1,754 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $114/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Turnkey investment opportunity in the heart of Troy! This multifamily property features major capital improvements already completed by the owner, including a NEW roof and boilers, offering peace of mind & reduced future expenses. Each unit is ideal for renters, featuring spacious floor plans, dishwasher, and in-unit laundry - all highly desirable amenities that enhance everyday living and rental appeal. Total monthly rental income can exceed $2,500 for the building. Both units are currently vacant, offering flexibility for owner occupants or the option to place screened tenants. Conveniently located with easy access to downtown Troy, RPI, shops, restaurants, & major highways. With strong rental demand, solid mechanical updates, and immediate income potential, this is a smart addition to any portfolio. Don't miss the opportunity to own a cash flowing property with minimal expenses & the heavy lifting already done. Property sold as is!

Listing Status:
Active
Date Added:
February 2, 2026
Data Last Updated:
February 14, 2026 at 7:37AM
Listing Office:
Coldwell Banker Prime Properties : 518-427-9000
Listing Agent:
Brianna Huynh : 518-925-3431
MLS ID:
202611380
  • General: Built-in Features
  • Laundry: Washer HookupMain LevelUpper LevelElectric Dryer Hookup
  • Basement: UnfinishedFullInterior Entry
  • Flooring: TileVinyl
  • A/C: None
  • Heating: BaseboardForced Air
  • Fireplace: Fireplaces: 0
  • General: None
  • Style: Traditional
  • Parking: None
  • Roofing: Flat
  • General: Vinyl Siding
  • HOA Amenities: Sewer
  • Originating MLS: Global MLS
  • School District: Troy
  • County: Rensselaer
  • Zoning: Multi Residence381700 111.52-8-19
  • Fencing: Back YardChain Link
  • Utilities: Circuit Breakers
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS

This listing courtesy of Brianna Huynh , Coldwell Banker Prime Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carroll Hill School

112 Delaware Ave, Troy, NY, 12180

Grades KG-5

0.79 miles away

T

Troy Middle School

1976 Burdett Ave, Troy, NY, 12180

Grades 6-8

1.79 miles away

T

Troy High School

1950 Burdett Ave, Troy, NY, 12180

Grades 9-12

1.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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