$399,000

601-603 2nd Avenue, Troy, NY 12182

  • 9 beds |
  • 4 baths |
  • 5,800 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1911
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $69/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

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.

Listing Status:
Active
Date Added:
June 29, 2026
Data Last Updated:
July 5, 2026 at 3:37AM
Listing Office:
Real Broker NY LLC : 855-450-0442
Listing Agent:
Saad Tai : 518-348-9535
MLS ID:
202620680
  • Basement: Partial
  • Heating: Space Heater
  • General: None
  • Style: Apartment 4 Plus Unit
  • General: Brick
  • Originating MLS: Global MLS
  • School District: Lansingburgh
  • County: Rensselaer
  • Zoning: 381700 80.47-5-8
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS

This listing courtesy of Saad Tai , Real Broker NY LLC

Monthly Payment

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

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