For Sale
$169,000

641 6Th Ave Troy, NY 12182

Two-family home, great rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
133
This mixed-use property located at 641 6th Ave, Troy, NY 12182, presents a compelling investment opportunity. The building is a two-family home, featuring a three-bedroom unit on the first floor and a two-bedroom unit on the second floor. Situated in the upper Lansingburgh neighborhood, this property boasts a double lot providing ample space for off-street parking accessed via a rear alley. Recent updates include a new roof and siding within the last 10 years. Each unit benefits from separate utilities, including gas hot air heating and gas hot water heaters. Currently occupied by long-term tenants, the property generates immediate rental income. While current rents are below market value, strategic upgrades to the units will significantly increase rental income potential. This property is ideal for investors seeking a combination of immediate cash flow and long-term appreciation through renovations. The asking price is $169,000. The lot size is 0.14 acres. The building's square footage is not specified.

Highlights

  • $169,000 asking price.
  • Mixed-use property in Troy, NY.
  • 0.14-acre lot.
  • Two-family building with a 3-bedroom unit and a 2-bedroom unit.
  • Roof and siding updated within the last 10 years.
  • Separate utilities, gas heat and hot water.

Property Details for 641 6Th Ave

Property type
Mixed-use properties
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Troy
County
36083
State
New York
Latitude
42.8060277
Longitude
-73.6182979

FAQs

What type of property is this?
Mixed-use property - Two-family home, great rental potential.
Where is the mixed-use property located?
The property is located at 641 6Th Ave Troy, NY.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: $169,000 asking price.; Mixed-use property in Troy, NY.; 0.14-acre lot.
How can I contact the broker?
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641 6Th Ave
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