601 2nd Avenue

Troy NY 12182

5145 sq. ft.

3920.4 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Most investors will walk right past this one. Smart money won't. 4 residential units over two storefronts in Troy's newly designated historic district -- and they need real work, which is exactly where the money is. This isn't turnkey. It's a blank canvas for someone who builds equity instead of paying for it. Already throwing off $3,600/month, with both storefronts untapped. Renovate the units, stabilize the commercial space, and the back-end tells a whole different story. Historic district means character, demand, and upside baked in. The kicker: the seller wants to deal. Cash, owner financing, conventional -- all on the table. Seller-held paper on a value-add like this? Rare. Done buying other people's equity? Let's create yours.

Features

9 bedrooms

4 bathrooms

5145 sq. ft. floor area

3920.4 sq. ft. lot size

Multi-Family

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