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270 4th Avenue, Troy
$229,000
4 Beds ⋅ 2 Baths ⋅ 202628193 MLS
Affordable Two-Family Investment Opportunity. With rents continuing to rise, why rent when you could own? Don't miss this affordable, move-in-ready two-family property located in the Lansingburgh School District! Whether you're an investor looking to build your portfolio and generate rental income or an owner-occupant looking to offset your mortgage by renting out the second-floor apartment, this property offers an excellent opportunity to put your money to work. Both units feature their own in-unit washer and dryer, so there's no need for trips to the laundromat! Separate utilities provide added convenience for managing expenses. Step outside and enjoy the rear deck overlooking a fenced-in backyard, offering a great space to relax or entertain. Affordable ownership, rental income potential, and practical amenities make this property one you won't want to miss! Start building equity and take advantage of the benefits of owning a two-family property today. Schedule your showing before this opportunity is gone!

270 4th Avenue, Troy

26 Pawling Avenue, Troy
$325,000
7 Beds ⋅ 2 Baths ⋅ 202627753 MLS
Nice 7 bedroom 2 family on Pawling Ave. Good opportunity for 1st time buyer or investor. Same family ownership over 30+ years. 1st FLR has 3 bedrooms and 2nd FLR has 4 bedrooms! Both floors offer large living room and dining rooms, eat-in kitchens, hardwood floors, large front porches, and private driveway. Great locale on bus route, close proximity to Emma Willard and RPI. Easy commute to Historic Downtown Troy where you can enjoy restaurants, concerts, shopping and The Farmers Market and 10 minutes to Highway 787 (Albany) and Northway 87 (Saratoga/Lake George). Both units are month to month, longer term tenants. Each floor paying $900 per month plus tenants pay all gas and electric utilities plus water billing. *Owner installed 2 separate water meters & 5 year old roof.

26 Pawling Avenue, Troy

32 Lincoln Avenue, Troy
$219,000
5 Beds ⋅ 2 Baths ⋅ 202626980 MLS
Welcome to this spacious 5-bedroom, 1.5-bath home, thoughtfully updated and ready for its next owner! Featuring new flooring throughout, a brand-new kitchen, an updated bathroom, and new appliances, many of the major updates have already been completed for you. The generously sized bedrooms offer plenty of flexibility for family, guests, a home office, or additional living space. Outside, enjoy a large yard with ample room to entertain, relax, garden, or create your own outdoor oasis. With plenty of space and numerous updates already taken care of, this home offers a fantastic opportunity for anyone looking for comfort, convenience, and a move-in-ready property. Schedule your showing today--this one won't last long!

32 Lincoln Avenue, Troy

215 9th Street, Troy
$264,500
6 Beds ⋅ 3 Baths ⋅ 202626741 MLS
Nice Solid Brick 3 Unit! Owners taking permanent Florida residence making perfect opportunity for Owner Occupy. Easy walk into Downtown Troy nightlife, restaurants, Riverfront Concerts/Troy Music Hall and Farmers Market to name a few attractions. Or perfect for investor portfolio being close proximity to RPI & hospitals easily attainable $45,000 rent per year as is with 3,312 sq ft finished space higher returns surely if refitted kitchens/baths in the future. All units have separate utilities and bonus to home is a large sub-basement for owner or extra storage with walk out to a large fenced-in backyard. Currently only 1 longer Mo2Mo tenant paying $1,100 + Utilities. Realtor requested other 2 units not be rented during Sale process. Seller agreed so incoming Buyer can choose usage/tenancy for themselves.

215 9th Street, Troy

211 4th Street, Troy
$400,000
11 Beds ⋅ 3 Baths ⋅ 202626482 MLS
Here's an opportunity to add a well-sized multifamily property to your real estate portfolio in Troy, NY. This three-unit property offers a desirable unit mix consisting of two four-bedroom apartments and one three-bedroom apartment, providing substantial living space across all three units. The larger layouts make this property appealing to a wide range of potential tenants, while the three-unit configuration provides multiple income streams under one roof. Whether you are an investor looking to expand your portfolio, an owner-occupant interested in offsetting housing costs with rental income, or someone looking for their next multifamily project, this property offers plenty of possibilities. The property is ready for a new owner to bring their vision and make the most of what it has to offer. With three generously sized apartments and a strong bedroom count, there is an opportunity to create a property that can serve both tenants and an investor's long-term goals.

211 4th Street, Troy

356 4th Street, Troy
$219,900
6 Beds ⋅ 2 Baths ⋅ 202626365 MLS
Solid brick two-family home offering 3 bedrooms in each unit and 2 off-street parking spaces. Both units have separate utilities. New windows for Unit 1 are currently on order and will be installed prior to closing. Alternatively, the seller is willing to sell the property ''as is,'' allowing the new owner to handle the window installation. The property has an excellent rental history and has never been vacant until recently. Each unit previously rented for $1,400 per month, with tenants responsible for their own utilities. Unit #1 also offers additional basement finished space, providing the new owner with the opportunity to utilize the area for additional living, recreation, storage, or other permitted uses. A great opportunity for an investor or owner-occupant looking for a solid two-family property with strong rental history.

356 4th Street, Troy

434 8th Avenue, Troy
$209,000
3 Beds ⋅ 1 Baths ⋅ 202626136 MLS
Welcome to 434 8th Avenue! This beautifully refreshed 3-bedroom, 1-bath home is the kind of property buyers have been waiting for--move-in ready, thoughtfully updated, and ready for its next chapter. From the moment you arrive, you'll appreciate the attention to detail and the extensive improvements that have already been completed. A brand-new roof, refinished hardwood floors, fresh interior paint, updated electrical and plumbing, and an updated kitchen and bathroom provide the perfect combination of comfort, style, and peace of mind. The exterior has also been freshly painted, and new front and rear steps add to the home's refreshed appeal. Best of all, the major updates are already done, allowing you to move in and enjoy rather than take on a lengthy renovation. Conveniently located close to schools, parks, shopping, restaurants, and major roadways, this home offers both convenience and value. If you've been searching for a home that feels fresh, updated, and ready from day one, this is one you won't want to miss!

434 8th Avenue, Troy

143 6th Avenue, Troy
$379,000
7 Beds ⋅ 4 Baths ⋅ 202625788 MLS
Two vacant units give a new owner immediate options in this four-unit Troy property, whether occupying one while collecting income from the remaining units or placing new tenants and establishing rents following turnover. The vacancies were intentionally maintained in preparation for sale, and the property otherwise has a history of long-term tenancy. The property offers a mix of two one-bedroom and two two-bedroom units. Two units are accessed from the front of the property and two from the rear, creating more separation between units and reducing shared foot traffic. Off-street parking adds significant practical value, complemented by a low-maintenance yard. On-site coin-operated laundry provides convenient tenant access while generating an additional income stream for the property. 128 6th Avenue, directly across the street, is also available for sale. The properties may be purchased individually or together, offering the option to acquire seven units across two properties in the same location. The City of Troy recently completed water and sewer line improvements along the street, benefiting the property. Financial information is provided for review.

143 6th Avenue, Troy

7 Brunswick Road, Troy
$679,000
8 Beds ⋅ 4 Baths ⋅ 202625570 MLS
Exceptional Investment Opportunity - Turnkey Two-Family + Buildable Lot Near RPI A rare, income-producing asset in Troy's strongest student-housing corridor. 7 & 9 Brunswick Road offers a fully renovated two-family residence plus an adjoining vacant lot--providing stable cash flow, premium finishes, and long-term development potential. The main residence at 7 Brunswick Road features 8 bedrooms and 4 full bathrooms across two modern units. The property underwent a comprehensive renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These full-system upgrades significantly reduce operating costs and result in exceptionally low maintenance expenses. Each unit includes granite countertops, stainless steel appliances, updated flooring, high-end furnishings, and independent HVAC systems, making the building fully turnkey and optimized for student demand. With annual gross rental income of $67k, investors benefit from strong cash flow, proven occupancy, and continued rent-growth potential. The combined double lot provides 8 off-street parking spaces, a major advantage for student tenants. The vacant parcel at 9 Brunswick Road adds meaningful flexibility--ideal for future units, outdoor amenities, or long-term land value. Key Investment Highlights Gross Annual Rental Income: $67,290 8BR / 4BA | 2,672 SF Fully renovated: new electrical, plumbing, insulation, and drywall Extremely low maintenance expenses Furnished and student-optimized Two independent HVAC systems Double lot with 8 parking spaces Vacant buildable parcel included Strong occupancy history Turnkey condition with immediate cash flow A high-performing, income-producing property with built-in development upside--ideal for investors seeking stability, growth, and strategic land value near RPI. Proof of income or financial qualification required before scheduling a showing. Showings by appointment only.

7 Brunswick Road, Troy

6 St Marys Avenue, Troy
$279,900
4 Beds ⋅ 2 Baths ⋅ 202625259 MLS
Rare opportunity in Troy's desirable Little Italy neighborhood! This impressive all-brick two-family combines classic character with the peace of mind of a substantial renovation. The property was gutted and extensively rehabbed in 2010, including updates to the electrical, plumbing, framing, floor joists, sheetrock, windows, kitchens, bathrooms, and forced-air heating systems. Each spacious unit offers 2-3 bedrooms and one full bath, providing excellent flexibility for owner-occupants, investors, or multi-generational living. An all-brick two-family with this level of renovation is increasingly difficult to find. The location is another standout- just minutes from Downtown Troy, its restaurants, shops, entertainment, and RPI College, while Prospect Park is just up the hill. Whether you're looking to live in one unit and rent the other or add a quality property to your investment portfolio, this is a rare combination of a quiet location, substantial improvements, solid brick construction, and income-producing potential. The 1st-floor unit is ready to be rented and left vacant for ease of showings.

6 St Marys Avenue, Troy

326 9th Street, Troy
$314,999
8 Beds ⋅ 2 Baths ⋅ 202625169 MLS
Turnkey and completely remodeled two-family offering an incredible amount of space. Each unit features a massive 4-bedroom layout, making this property an excellent opportunity for investors or owner-occupants looking for strong rental potential and spacious living. Extensive renovations have been completed throughout, including updated plumbing and electrical, modern kitchens, beautifully finished bathrooms with tiled showers, and fresh finishes throughout. Each unit also features Navien heat and hot water systems, providing efficient, modern mechanicals and separate comfort for both units. With 8 total bedrooms, oversized units, and major updates already completed, this property offers the combination of size, quality, and versatility that's hard to find in Troy. Whether you're looking to add a turnkey multifamily to your portfolio or live in one unit while renting the other, 326 9th Street is ready to go.

326 9th Street, Troy

1302 5th Avenue, Troy
$205,000
6 Beds ⋅ 2 Baths ⋅ 202624811 MLS
Investors and owner-occupants, take notice! Located at 1302 5th Avenue in Troy, this two-family property offers two 3-bedroom, 1-bath units and an excellent opportunity for rental income in a convenient Capital Region location. Both units feature a kitchen, living room, full bath, refrigerator, stove and washer/dryer hookups. Separate electric and gas utilities provide an attractive setup for investors, with tenants responsible for cable, electricity and heat. The property also offers forced-air heating, a walk-out basement, public water and sewer, 100-amp electrical service and a level 0.23-acre lot. Expected market rents were discussed at approximately $1,300-$1,600 per month per unit. Current cap-rate projections discussed range from approximately 10.2% at the low-market scenario to 13.4% at the high-market scenario, with an estimated cap rate of 11.8%. Buyers should independently verify rental income, expenses and cap-rate calculations. The property is ideally positioned near downtown Troy and the popular Little Italy neighborhood, offering convenient access to restaurants, shopping, entertainment, employment centers and city amenities. Located within the Troy City School District, residents have access to Troy's public school system. Recreation is nearby, including Frear Park with golf, tennis, fields, playgrounds and seasonal activities, as well as Prospect Park and its outdoor amenities. With two 3-bedroom units, separate utilities and strong rental potential, 1302 5th Avenue offers versatility for investors seeking income-producing real estate or owner-occupants looking to offset housing costs. Light staging can help showcase the vacant rooms, layout and potential of each unit.

1302 5th Avenue, Troy

105 2nd Avenue, Troy
$399,900
7 Beds ⋅ 3 Baths ⋅ 202624664 MLS
Investment Opportunity in Troy! Welcome to 105 Second Avenue, a well-maintained three-unit property offering strong income potential in a convenient Troy location. This property was freshly rehabbed a few years ago, providing investors with an excellent opportunity to own a turnkey-style income property without taking on a major renovation project. Featuring river views, the property offers an appealing combination of location, condition, and income-producing potential. Situated within the City of Troy and directly along an active bus line, tenants can enjoy convenient access to transportation, shopping, dining, employment centers, and the many amenities Troy has to offer. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking an owner-occupied investment, this three-unit property provides flexibility and opportunity. Live in one unit while generating rental income from the others, or position the entire property as a strong income-producing asset. Priced at $399,000, this is an opportunity to add a recently rehabbed, multi-unit property with river views and excellent accessibility to your portfolio. Don't miss your chance to take advantage of this Troy investment opportunity!

105 2nd Avenue, Troy

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