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.
Closed
$660,000
22 2nd Avenue, Troy, NY 12180
12beds
4,508sqft
Multi Family, Apartment
Built in 1920
-- sqft lot
$674,200 Zestimate®
$146/sqft
$1,294 Estimated rent
Home value
$674,200
$580,000 - $782,000
$1,294/mo
Zestimate® history
Owner options
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$1,294/mo
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$1,294/mo
Rent Zestimate®
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$4,582/mo
Est. payment
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$4,582/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Bryan Permaul 518-221-6037,
Coldwell Banker Prime Properties,
Mohini Amazalum 518-704-1056,
Coldwell Banker Prime Properties
Bought with:
Lisa Hirsch, 10401295057
Coldwell Banker Prime Properties
Source: Global MLS,MLS#: 202514778
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard, Electric, Natural Gas
Features
- Basement: Full
Interior area
- Total structure area: 4,508
- Total interior livable area: 4,508 sqft
- Finished area above ground: 4,508
- Finished area below ground: 0
Property
Features
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 4,356 sqft
Details
- Parcel number: 381700 90.46228
- Zoning description: Multi Residence
- Special conditions: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Aluminum Siding
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Troy
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $660,000-9%$146/sqft |
Source:  Global MLS #202514778 Report a problem | ||
| 11/21/2025 | Pending sale | $725,000$161/sqft |
Source: Global MLS #202514778 Report a problem | ||
| 4/17/2025 | Listing removed | $1,320 |
Source: Zillow Rentals Report a problem | ||
| 4/7/2025 | Listed for sale | $725,000+72.6%$161/sqft |
Source: Global MLS #202514778 Report a problem | ||
| 2/19/2025 | Listed for rent | $1,320 |
Source: Zillow Rentals Report a problem | ||
| 7/13/2022 | Sold | $420,000-14.3%$93/sqft |
Source: EXIT Realty solds #-5864796762666694577 Report a problem | ||
| 2/18/2022 | Pending sale | $490,000$109/sqft |
Source: Global MLS #202211097 Report a problem | ||
| 1/26/2022 | Listed for sale | $490,000+127.9%$109/sqft |
Source: Global MLS #202211097 Report a problem | ||
| 8/10/2017 | Sold | $215,000$48/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Lansingburgh
Nearby schools
GreatSchools rating
- 5/10Rensselaer Park Elementary SchoolGrades: K-5Distance: 1 mi
- 4/10Knickerbacker Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Lansingburgh Senior High SchoolGrades: 9-12Distance: 0.8 mi
- New York
- Rensselaer County
- Troy
- 12182
- Lansingburgh
- 22 2nd Avenue
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Troy Topics
