277 Congress Street, Troy, NY 12180
Local realty services provided by:HUNT Real Estate ERA
Listed by: capital elite realty team
Office: capital elite realty group llc.
MLS#:202625554
Source:Global MLS
Price summary
- Price:$999,000
- Price per sq. ft.:$273.7
About this home
Turnkey Student-Housing Investment Near RPI - Fully Renovated & Low Maintenance
Rare opportunity to own a beautifully maintained, high-quality student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, modern amenities, quality furnishings, and excellent tenant appeal.
The residence underwent a full renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These major infrastructure upgrades significantly reduce long-term operating costs, resulting in exceptionally low maintenance expenses--a major advantage for investors seeking stable, predictable cash flow.
The property includes three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation and gatherings.
Outdoor amenities include an updated back deck and a green backyard for tenant enjoyment. Prospect Park is directly across the street, with a convenience store nearby.
Located within walking distance of RPI and Downtown Troy, the property offers easy access to campus, restaurants, shops, entertainment, and public amenities. It has a strong history of full occupancy, reflecting consistent demand for high-quality student housing.
Highlights
11 Bedrooms; 4 Bathrooms
Fully renovated: new electrical, plumbing, insulation, drywall
Extremely low maintenance expenses
Three HVAC systems; on-demand hot water heaters
High-end furniture; stainless-steel appliances; quartz countertops
Enclosed patio/entertainment room
Updated back deck; green backyard
Prospect Park across the street
Walking distance to RPI and Downtown Troy
Approx. $92K gross annual rental income
Strong history of full occupancy
Proof of income or financial qualification required before scheduling a showing....
Contact an agent
Home facts
- Year built:1910
- Listing ID #:202625554
- Added:47 day(s) ago
- Updated:October 24, 2026 at 02:36 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood
- Basement Description:Bilco Doors, Crawl Space, Full, Pillar/Post/Pier, Slab, Sump Pump, Unfinished, Walk-Out Access
- Living area:3,650 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Flat
- Year built:1910
- Building area:3,650 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Wooded
- Architectural Style:Traditional
- Construction Materials:Brick
- Exterior Features:Covered, Deck, Enclosed, Rear Porch
- Foundation Description:Brick/Mortar, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$273.7
- Tax amount:$5,295
Features and amenities
- Laundry features:Electric Dryer Hookup, Laundry Closet, Laundry Room, Main Level, Upper Level, Washer Hookup
- Amenities:Blinds, Curtain Rods, Double Pane Windows, Walk-In Closet(s)
Parking
- Total parking spaces:2
- Parking description:Driveway, Off Street
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