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22 2nd Avenue

Troy, NY 12180

Active

$725,000

Listing by:
Bryan Permaul
Coldwell Banker Prime Properties
518-221-6037

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.

$725,000
12.0
Bedrooms
8
Bathrooms
4,508
Sq. Ft.
$ 161
$/Sq. Ft.
0.10
Acres
Year Built:
1920
County:
Rensselaer
School District:
Lansingburgh
Acres:
0.10
Listing Agent:
Bryan Permaul
Listing Office:
Coldwell Banker Prime Properties
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BUYER'S AGENT

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Features

Square Feet: 4,508
Town: Troy
Bedrooms: 12
Full Bathrooms: 8
Estimated Taxes: $10,902
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Electric, Natural Gas
Garage: 0
Property Style: Apartment 4 Plus Unit
Exterior: Aluminum Siding
Exterior Features: None
Parking Spaces: 0
Zoning: Multi Residence

Location



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