556 2nd Street, Troy, NY 12180

$200,000
4
BD
2
BA
1,754
SqFt

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Sold Price
$200,000
List Price
$189,999
Closing Date
May 14, 2026
MLS#
202611380
Style
Traditional
Bedrooms
4
Bathrooms
2
Subdivision
Select One

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!

Additional Information

Taxes
$3,200
Acres
0.06
Lot Description
Cleared, Level
School District
Troy
Interior Features
Built-in Features
Heating
Baseboard, Forced Air
Cooling
None
Exterior Features
None
Construction
Vinyl Siding
Roof
Flat
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of listing agent Brianna Huynh with Coldwell Banker Prime Properties Brokerage, 518-925-3431.

Selling Office: Gabler Realty, LLC.

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