660 & 663 2nd Ave

Troy, NY 12182 View Map $255,000 Ask a Question
Beds10
Baths9
Sq.Ft.4,924
Year1880
660 & 663 2nd Ave Troy, NY 12182 | MLS 202230796 Photo 1
660 & 663 2nd Ave Troy, NY 12182 | MLS 202230796 Map
Michael Field

Michael Field

(518) 669-1804

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Status: Sold
Property Type:5+ Units
MLS #:202230796
Sq. Feet:4,924
Date Sold:3/23/2023
Lot Size:2,178 Sq. Ft.
County:Rensselaer
Motivated Seller! Add these two solid brick buildings totaling 9 Units to your portfolio. At just over $30k/unit this will give you a solid cash on cash return. Buildings passed code inspections one year ago but now need some work. Has had a maintenance person in place for a long time, and has maintained the buildings throughout ownership. Some work and patience will be needed to get this preforming at market value. Must sell both buildings together and can not be delivered vacant. After purchase, could easily BRRR while refinancing separately. Once this building is operating at market value with current tenants this will bring in $6k+ a month. Currently, receiving $4600/month with plans for another $750/mo expected soon.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
3/26/2023$274,900$255,000-7.2%

Community Information

Address:660 & 663 2nd Ave, Troy, NY 12182
County:Rensselaer
City:Troy
School System:Lansingburgh
Zip Code:12182

Architecture

Bedrooms: 10
Bathrooms: 9
Year Built:1880
Style:Apartment 4 Plus Unit
Construction Materials: Brick
Basement: Apartment

Features / Amenities

Heating: Hot Water

Square Footage

Finished Sq. Ft.
Above Grade 4924
Below Grade 0
Total 0

Property Features

Lot Size: 0.05 Acres / 2,178 Sq. Ft.
Sewer: Public Sewer
Water: Public
Zoning:Multi Residence
Directions:Go North on 2nd ave. One is on the right hand side and the other on the left.

Tax and Financial Info

Tax Annual Amount: $9,738.92
Possession: Subject To Tenant Rights, At Closing
Documents Available: LNF

Schools

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Listing provided courtesy of Alison Walden (518-859-0550), Field Realty.
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