Address
150 4Th St Troy, NY
Price
$ 1,588,888
Property Attributes
  • MLS#202026365
  • TypeMulti-Family
  • CountyRENSSELAER
  • CityTroy
  • AreaTroy City-Central
  • Zip12180
  • StyleApartment 4+ Units,~
  • Year Built1900
  • Taxes17014
  • Price$ 1,588,888
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms1
  • Sqr Footage9142
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
Exit Realty Empire Associates
Property Description

8.9 cap rate 16 unit brick multi-use building offering gross rents of $173,400. In prime Downtown Troy location close to professional buildings, restaurants, stores, and easy commute to both RPI and HVCC. Featuring 14 very well-maintained 1BR apartments boasting high ceilings, open layouts, and tall windows to let in the natural light. The 14 apts are above 2 commercial store fronts - currently used as a laundromat, and as an office. Office can easily be converted to a store with large window overlooking popular location. Store fronts share a 1/2 bath in common area under the staircase. Separate utilities with 16 new electric meters supporting the 14 apartments' electric baseboard heat; 16 hot water tanks. The laundromat pays 1/4 of the water bill. 100% occupancy! Leased thru 8/20.

Price History
8/25/2020 Listed $1,588,888

General Features

Flooring Ceramic Tile, Laminate, Tile, Wood Floor
Handicap Access No
Listing Area Troy City-Central (212)
Roof Built-Up, Rubber
School District Troy
Sewer Public
Style Apartment 4+ Units, Other~See Remarks
Water Public

Interior Features

# Stoves 14
Basement Full
Cooling None
Heating Fuel Electricity, Natural Gas
Heating System Hot Water, Zoned
Total # Units 16

Exterior Features

Exterior Brick
Lot Size 30x95
Lot Size Area 0.06
Waterfront No Waterfront

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 12180

Price
AVG $570K
$1.59M
Taxes
AVG $10,309
$17,014
Visits
AVG 13
7
Year Built
AVG 1912
1900

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