Most investors will walk right past this one. Smart money won't.
4 residential units over two storefronts in Troy's newly designated historic district -- and they need real work, which is exactly where the money is. This isn't turnkey. It's a blank canvas for someone who builds equity instead of paying for it.
Already throwing off $3,600/month, with both storefronts untapped. Renovate the units, stabilize the commercial space, and the back-end tells a whole different story. Historic district means character, demand, and upside baked in.
The kicker: the seller wants to deal. Cash, owner financing, conventional -- all on the table. Seller-held paper on a value-add like this? Rare.
Done buying other people's equity? Let's create yours.
Active
$399,000
601-603 2nd Avenue, Troy, NY 12182
9beds
5,145sqft
Multi Family
Built in 1911
-- sqft lot
$-- Zestimate®
$78/sqft
$-- HOA
What's special
- 22 days
- 337
- 22
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Real Broker NY LLC 855-450-0442,
Saad Tai 518-348-9535
Source: Global MLS,MLS#: 202623843
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Space Heater, Natural Gas
Features
- Basement: Partial
Interior area
- Total structure area: 5,145
- Total interior livable area: 5,145 sqft
- Finished area above ground: 5,145
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Exterior features: None
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 381700 80.4758
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Troy
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $291,100
- Annual tax amount: $5,740
- Date on market: 8/12/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,516/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $399,000$78/sqft |
Source: | ||
| 8/1/2026 | Listing removed | $399,000$78/sqft |
Source: | ||
| 6/29/2026 | Listed for sale | $399,000+121.7%$78/sqft |
Source: | ||
| 2/2/2022 | Sold | $180,000+200%$35/sqft |
Source: Public Record Report a problem | ||
| 1/30/2009 | Sold | $60,000-40%$12/sqft |
Source: | ||
| 1/3/2007 | Sold | $100,000+1150%$19/sqft |
Source: Public Record Report a problem | ||
| 3/30/2001 | Sold | $8,000$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $170,000 |
| 2024 | -- | $170,000 |
| 2023 | -- | $170,000 |
| 2022 | -- | $170,000 |
| 2021 | -- | $170,000 |
| 2020 | -- | $170,000 |
| 2019 | -- | $170,000 |
| 2018 | -- | $170,000 |
| 2017 | $10,380 | $170,000 |
| 2016 | -- | $170,000 |
| 2015 | -- | $170,000 |
| 2014 | -- | $170,000 |
Find assessor info on the county website





