556 2nd Street, Troy, NY 12180

Local realty services provided by:HUNT Real Estate ERA
556 2nd Street,Troy, NY 12180
$199,999
  • 4 Beds
  • 2 Baths
  • 1,754 sq. ft.
  • Multi-family
  • Active
Listed by: brianna huynh
Office: coldwell banker prime properties
MLS#:202611380
Source:Global MLS

Price summary

  • Price:$199,999
  • Price per sq. ft.:$114.02

About this home

Turnkey investment opportunity in the heart of Troy! This multifamily property features major capital improvements already completed by the owner, including a NEW roof and boilers, offering peace of mind & reduced future expenses. Each unit is ideal for renters, featuring spacious floor plans, dishwasher, and in-unit laundry - all highly desirable amenities that enhance everyday living and rental appeal. Total monthly rental income can exceed $2,500 for the building. Both units are currently vacant, offering flexibility for owner occupants or the option to place screened tenants. Conveniently located with easy access to downtown Troy, RPI, shops, restaurants, & major highways. With strong rental demand, solid mechanical updates, and immediate income potential, this is a smart addition to any portfolio. Don't miss the opportunity to own a cash flowing property with minimal expenses & the heavy lifting already done. Property sold as is!

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Home facts

  • Year built:1890
  • Listing ID #:202611380
  • Added:13 day(s) ago
  • Updated:February 15, 2026 at 03:24 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,754 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air, Natural Gas

Structure and exterior

  • Roof:Flat
  • Year built:1890
  • Building area:1,754 sq. ft.
  • Lot area:0.06 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,999
  • Price per sq. ft.:$114.02
  • Tax amount:$3,200
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