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1809 5th Ave

Troy NY 12180

3
5
4752 sq. ft.
1742.4 sq. ft.
Duplex
Currently for sale - view listing

Overview

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!

Features

3 bedrooms
5 bathrooms
4752 sq. ft. floor area
1742.4 sq. ft. lot size
Duplex

Property history for 1809 5th Ave

2019
Sold
$417,000
28 Mar 2019 by Kareem Jandali, of Jandali Realty

Happy sellers in Troy

87%
87% of sellers in Troy reported that their sale price either exceeded or met their price expectations.

Troy stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Troy over the last 12 months.

Local market activity for 3 bedroom duplexes in Troy

In the last 12 months, 11 three-bedroom duplexes similar to 1809 5th Ave, have been sold.

This represents a 37% decrease in three-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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