601-603 2nd Avenue, Troy, NY 12182

Troy
Local realty services provided by:HUNT Real Estate ERA
601-603 2nd Avenue,Troy, NY 12182
$399,000
  • 9 Beds
  • 4 Baths
  • 5,800 sq. ft.
  • Multi-family
  • Active
Listed by: saad tai
Office: real broker ny llc.
MLS#:202620680
Source:Global MLS

Price summary

  • Price:$399,000
  • Price per sq. ft.:$68.79

About this home

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.

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Home facts

  • Year built:1911
  • Listing ID #:202620680
  • Added:1 day(s) ago
  • Updated:June 29, 2026 at 06:43 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Partial
  • Living area:5,800 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Space Heater

Structure and exterior

  • Year built:1911
  • Building area:5,800 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Apartment 4 Plus Unit
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$68.79
  • Tax amount:$5,740
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