462-470 2nd Avenue, Troy, NY 12182

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18 Beds 13 Baths 1 Partial Bath 7,885 Sq Ft 0.42 Acres

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Property 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 6.9% with a high market cap rate of 8.7%.

462-470 2nd Avenue | MLS# 202613763

This multi-family property located at 462-470 2nd Avenue, Troy, NY 12182 is currently listed for sale with an asking price of $2,400,000. 462-470 2nd Avenue is located within the Lansingburgh school district. Search Troy real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple

Basement: Full

Basement: Yes

Cooling: Window Unit(s)

Garage: 2

Heating: Baseboard, Forced Air, Hot Water, Natural Gas

Home Style: Other

Lot Size: 0.42 Acres

Roof Type: Rubber, Shingle

Taxes: $40,611

Year Built: 1890

Feature Descriptions

Days on Site: 15

Exterior: Other, Brick, Vinyl Siding

Exterior: Garden

Fencing: Back Yard

Flooring: Tile, Hardwood

Foundation: Other

Interior: Vaulted Ceiling(s), Cathedral Ceiling(s)

Parcel #: 80.63-12-9

Parking: Detached, Garage

Parking Total: 2

Sewer: Public Sewer

SQFT Above Grade Finished: 7885

Water: Public

Local Schools

School District: Lansingburgh

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Estimated Payment

$ 9,425.61 per month $5,341.36 Principal & Interest $3,384.25 Property Tax $700.00 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Capital Inc
Agency Phone: 1 518-371-4500

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

462-470 2nd Avenue, Troy, NY 12182

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