470-462-470 2 Nd Ave, Troy, NY

Real Estate

For Sale

Listed price in listed location currency (USD).

$2,400,000

18142

MLS® 202626830

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 7885 sqft

Garage Yes

Taxes $40,611

Days Active 5

Lot Size 0.41999998688697815 Acres

Approx. Age 1890

Avg. Price Per Sqft $304

MLS® Number 202626830

Property Address: 470-462-470 2nd Ave, Troy, NY, 12182-2918

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own nearly half block of meticulously maintained 12 units apartment.See the high end apartments with exquisite wood work, finishes, fixtures & exposed brick walls. The buildings are surrounded by gardens and open space, on the corner across from Stewart's and CVS, cross the 112th street bridge to Cohoes. Minutes to Downtown Troy, 787 and Rt 7. Many long term tenants provide steady income. Current cap rate 7% with a high market cap rate of 8.7%.

MLS® Number202626830

Laundry Level

Central VacNo

FireplaceNo

Acreage0.42

Exterior

GarageYes

Approx. Age1890

BasementFull

DrivewayDetached, Garage

Garage Spaces2

HeatBaseboard, Forced Air, Hot Water

A/CWindow Unit(s)

Extras

Map

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