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45 South Lake Avenue

Troy NY 12180

10
4
7
4483 sq. ft.
10890 sq. ft.
Duplex
Currently for sale - view listing

Overview

High-Income 4-Unit Investment Property with Porches & Parking a must-see investment opportunity at 45 South Lake Avenue. This very large, four-unit building is a cash-flow machine, generating over $6,000 in monthly rent with all leases currently in place. The property boasts a fantastic look with huge, covered porches on both levels, offering great curb appeal. Situated in a quiet location, it has a strong rental history, having attracted students from RPI and Hudson Valley Community College. Numerous upgrades have been completed, including two recently remodeled units and new kitchen cabinets in another. The first-floor unit is exceptionally large, adding to the property's desirability. A standout feature is the ample off-street parking in the rear for at least 6-7 vehicles

Features

10 bedrooms
4 bathrooms
7 carspaces
4483 sq. ft. floor area
10890 sq. ft. lot size
Duplex

Property history for 45 South Lake Avenue

2023
Sold
$410,000
09 Nov 2023 by Layne Zagorski, of Hunt ERA
2022
Sold
$325,000
06 May 2022 by Adam Wilke, of Easton Dylan Realty, LLC
2021
Rented
Undisclosed
09 Feb 2021 by Easton Dylan Realty, LLC

Happy sellers in Troy

85%
85% 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 4 reviews in Troy over the last 12 months.

Local market activity for 10 bedroom duplexes in Troy

In the last 12 months, 6 numeral.10-bedroom duplexes similar to 45 South Lake Avenue, have been sold.

This represents a 29% increase in numeral.10-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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