96 Hanover St, Troy, NY 12180

Major Capital Improvements Already Completed – Renovations Well Underway Originally a 2-family and legally converted to a 3-family with the City, this property has already undergone substantial capital improvements, with much of the major work completed. Improvements include a brand-new roof, new plumbing throughout, new electrical service with upgraded panel, and extensive masonry, brick, and foundation work, including stabilization, reinforcement, repointing, and exterior repairs. One of the three apartments has already been fully renovated, and approximately 90% of the materials needed to complete the remaining two units have already been purchased and are included in the sale. The project is well underway, with only a few weeks of renovation work remaining, offering the next owner the opportunity to finish the property without starting a major renovation from scratch. Property highlights: Legal 3-family conversion per the City Brand-new roof New plumbing throughout New electrical and upgraded panel Electrical work already inspected Extensive masonry, brick, and foundation improvements 1 of 3 apartments fully renovated Approximately 90% of remaining renovation materials already purchased and included Significant capital improvements already completed Reason for sale: Owner has identified another project closer to home and is offering this property for sale prior to completing the remaining renovations.