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a Charlotteville Realty Team

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Property at 601-603 2nd Avenue, Troy, NY 12182
ACTIVE
0
$399,000

601-603 2nd AvenueTroy, NY, 12182

9 Beds4 Baths5,800 SqFt0.09 Acres
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.
1 / 21

Est. Monthly

$1,891/MO

$399,000

601-603 2nd Avenue, Troy, NY

9 Beds4 Baths5,800 SqFt0.09 Acres

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.

StatusActive
Property TypeMulti Family
Property SubtypeMulti Family
Year Built1911

Est. Monthly Payment

$1,891.25

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

601-603 2nd Avenue

Troy, NY 12182 • Rensselaer
9
Beds
4
Baths
5,800
SqFt
0.09
Acres
Status
Active
Property Type
Multi Family
Property Subtype
Multi Family
Year Built
1911115 years ago
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $5,741
  • School Taxes
    $3,613
  • Town/County Taxes
    $22,128
Property History
  • Listed for sale
    Jun 29, 2026 • GLOBAL MLS • 202620680
    $399,000
Mortgage Calculator
Estimated monthly payment for this property
$1,891.25
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    Global MLS
  • MLS#
    202620680
  • Listing Office
    Real Broker NY LLC
  • Last Updated
    2 hours ago

Climate & Systems

  • Heating
    Space Heater

Interior Features

  • Basement
    Partial

Lot & Grounds

  • Lot Size
    0.09 acres
  • Exterior Features
    None

Type

  • Property Type
    Multi Family
  • Property Subtype
    Multi Family
  • Architectural Style
    Apartment 4 Plus Unit

Structure

  • Construction
    Brick

Condition

  • Year Built
    1911
  • Water
    Public
  • Sewer
    Public Sewer

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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