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1809 5th Avenue

Troy, NY 12180

Active

$750,000

Listing by:
Kathy A Johnson
Monticello
518-332-2873

PRIME, FULLY LEASED MIXED-USE INVESTMENT OPPORTUNITY IN DOWNTOWN TROY! Located just steps away from RPI and Russell Sage College, this 4,752 sq. ft. building offers an unbeatable combination of stable residential and commercial income from day one. The property features two spacious apartments positioned above a highly visible, established ground-floor restaurant space and 2nd floor hair salon with a proven lease history, capitalizing on the area's high student and young professional rental demand. A savvy investor will appreciate the major, high ticket capital improvements that significantly lower future cap - ex, including a 3 year old roof, a brand new main sewer line, and modern, highly efficient mini split heating and cooling systems installed in all apartments. With separate utilities, low maintenance mechanicals. and a premier urban location surrounded by Troy's vibrant dining and shopping district, this asset is a powerhouse addition to any real estate portfolio. Schedule your walkthrough today!

$750,000
3.0
Bedrooms
3
Bathrooms
4,752
Sq. Ft.
$ 158
$/Sq. Ft.
0.04
Acres
Year Built:
1927
County:
Rensselaer
School District:
Troy
Acres:
0.04
Listing Agent:
Kathy A Johnson
Listing Office:
Monticello
CONTACT A
BUYER'S AGENT

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Features

Square Feet: 4,752
Town: Troy
Bedrooms: 3
Full Bathrooms: 3
Estimated Taxes: $14,432
Water: Public
Sewer: Public Sewer
Heat: Ductless, Hot Water, Radiant, Natural Gas
Garage: 0
Property Style: Other
Exterior: Brick
Exterior Features: Other
Cooling: Wall Unit(s)
Parking Spaces: 0
Zoning: Mixed

Location



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