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616 Second Avenue, Troy

Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stainless steel appliances and in-unit laundry. Residents enjoy on-site parking and ''All-In Living'' package, which combines fiber internet, cable, electricity, heating, air conditioning and hot water into one monthly payment. Proven rental history, attractive in-place cash flow and operational upside through improved management efficiencies make this a strong investment opportunity.

202621635 MLS

Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stainless steel appliances and in-unit laundry. Residents enjoy on-site parking and ''All-In Living'' package, which combines fiber internet, cable, electricity, heating, air conditioning and hot water into one monthly payment. Proven rental history, attractive in-place cash flow and operational upside through improved management efficiencies make this a strong investment opportunity.

2920 5th Avenue, Troy

$379,000

Welcome to 2215 5th Avenue, a thoughtfully updated side-by-side two-family home offering the perfect blend of owner-occupancy flexibility and investment potential. Renovated in 2020, this unique property provides enhanced privacy with no neighbors living above or below. The spacious primary residence lives like a single-family home, featuring 4 bedrooms, 2 full bathrooms, soaring ceilings, multiple living and lounge areas, and an in-unit washer and dryer. A first-floor bedroom and full bath make it ideal for multigenerational living, guests, or anyone seeking the convenience of first-floor living. The flexible layout also provides space for a home office or future rental opportunities. The adjoining 1-bedroom, 1-bathroom unit is tenant-occupied, offering immediate rental income to help offset ownership expenses. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional income, this property offers exceptional versatility. The side-by-side design creates a level of privacy rarely found in traditional multi-family homes. Modern updates, expansive bedrooms, and owned solar panels add long-term value while helping reduce utility costs. Located just blocks from Troy's exciting new developments and revitalization projects, you'll also enjoy walking distance to downtown Troy's award-winning restaurants, cafés, boutique shopping, entertainment, the renowned Troy Waterfront Farmers Market, and year-round events. With one unit already generating income and the larger residence offering multiple living options, this property is well-positioned for potential strong rental demand and long-term appreciation. A rare opportunity to own a move-in-ready multi-family in one of Troy's most walkable and rapidly growing neighborhoods. Back on the market! The previous buyer withdrew without providing a reason, creating another opportunity to purchase 2215-2217 5th Avenue in Troy. Contact us for details or to schedule a showing.

5 Beds ⋅ 3 Baths ⋅ 202621543 MLS

Welcome to 2215 5th Avenue, a thoughtfully updated side-by-side two-family home offering the perfect blend of owner-occupancy flexibility and investment potential. Renovated in 2020, this unique property provides enhanced privacy with no neighbors living above or below. The spacious primary residence lives like a single-family home, featuring 4 bedrooms, 2 full bathrooms, soaring ceilings, multiple living and lounge areas, and an in-unit washer and dryer. A first-floor bedroom and full bath make it ideal for multigenerational living, guests, or anyone seeking the convenience of first-floor living. The flexible layout also provides space for a home office or future rental opportunities. The adjoining 1-bedroom, 1-bathroom unit is tenant-occupied, offering immediate rental income to help offset ownership expenses. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional income, this property offers exceptional versatility. The side-by-side design creates a level of privacy rarely found in traditional multi-family homes. Modern updates, expansive bedrooms, and owned solar panels add long-term value while helping reduce utility costs. Located just blocks from Troy's exciting new developments and revitalization projects, you'll also enjoy walking distance to downtown Troy's award-winning restaurants, cafés, boutique shopping, entertainment, the renowned Troy Waterfront Farmers Market, and year-round events. With one unit already generating income and the larger residence offering multiple living options, this property is well-positioned for potential strong rental demand and long-term appreciation. A rare opportunity to own a move-in-ready multi-family in one of Troy's most walkable and rapidly growing neighborhoods. Back on the market! The previous buyer withdrew without providing a reason, creating another opportunity to purchase 2215-2217 5th Avenue in Troy. Contact us for details or to schedule a showing.

2215-2217 5th Avenue, Troy

$315,000

Excellent investment opportunity in Rensselaer! This 3-unit property offers strong cash flow with all units occupied on annual leases. Featuring a total of 9 bedrooms and 3 full bathrooms, the property includes a basement apartment rented for $1,000/month and two upper units each generating $1,400/month, for a total gross monthly rental income of $3,800. Tenants pay their own separate utilities, helping keep operating expenses low and maximizing your return.

6 Beds ⋅ 3 Baths ⋅ 202621433 MLS

Excellent investment opportunity in Rensselaer! This 3-unit property offers strong cash flow with all units occupied on annual leases. Featuring a total of 9 bedrooms and 3 full bathrooms, the property includes a basement apartment rented for $1,000/month and two upper units each generating $1,400/month, for a total gross monthly rental income of $3,800. Tenants pay their own separate utilities, helping keep operating expenses low and maximizing your return.

1453 1st Street, Rensselaer

$525,000

Now available at a New Price! Unlock the potential of this well-maintained mixed-use investment property located in the sought-after East Greenbush School District! Featuring two fully rented residential units plus a versatile commercial space on the lower level with its own separate address, this property offers multiple income streams and excellent flexibility. Continue leasing the occupied units for maximum cash flow, or owner-occupy one of them and use the commercial space to operate your business while generating rental income from the apartments above. Positioned on a high-visibility road with outstanding frontage, your business will benefit from exceptional exposure. Conveniently located just minutes from shopping, restaurants, major highways, HVCC, Regeneron, the Rensselaer Train Station, and more, this is a perfect opportunity for investors or entrepreneurs seeking a property with strong income potential and a prime location. Basement offers potential rental opportunity, with 1 full bathroom and estimated monthly rent of $1,500. *Please note that any business going in will need a use variance and approval from the Town of North Greenbush Zoning.*

5 Beds ⋅ 3 Baths ⋅ 202621063 MLS

Now available at a New Price! Unlock the potential of this well-maintained mixed-use investment property located in the sought-after East Greenbush School District! Featuring two fully rented residential units plus a versatile commercial space on the lower level with its own separate address, this property offers multiple income streams and excellent flexibility. Continue leasing the occupied units for maximum cash flow, or owner-occupy one of them and use the commercial space to operate your business while generating rental income from the apartments above. Positioned on a high-visibility road with outstanding frontage, your business will benefit from exceptional exposure. Conveniently located just minutes from shopping, restaurants, major highways, HVCC, Regeneron, the Rensselaer Train Station, and more, this is a perfect opportunity for investors or entrepreneurs seeking a property with strong income potential and a prime location. Basement offers potential rental opportunity, with 1 full bathroom and estimated monthly rent of $1,500. *Please note that any business going in will need a use variance and approval from the Town of North Greenbush Zoning.*

2 Sunset Road, North Greenbush

$328,000

Price Drop! Has always been and RPI rental and well maintained. Furnished and ready for next semester. 1St floor students paying $750. each in the 2-bedroom apt. Apt 2 is a bi level apt with 5 bedrooms and was rented up till the end of the school year May 2026, at $600.00 each bedroom. Bring in $4500 a month with little effort. Driveway will hold up to 4 cars and plenty of street parking. Beautiful hardwood floors upgraded heating system. newer windows, laundry in each apt. 24-hour notice needed for first floor showing.

7 Beds ⋅ 3 Baths ⋅ 202620676 MLS

Price Drop! Has always been and RPI rental and well maintained. Furnished and ready for next semester. 1St floor students paying $750. each in the 2-bedroom apt. Apt 2 is a bi level apt with 5 bedrooms and was rented up till the end of the school year May 2026, at $600.00 each bedroom. Bring in $4500 a month with little effort. Driveway will hold up to 4 cars and plenty of street parking. Beautiful hardwood floors upgraded heating system. newer windows, laundry in each apt. 24-hour notice needed for first floor showing.

13 13th Street, Troy

$330,000

Grafton Stone House is not a typical two-family - it's a property built for possibility! This income producing Airbnb and legal two-family residence set on 1 acre offers flexible living arrangements and zoning potential ideal for owner-occupants, entrepreneurs, makers, or investors seeking built-in adaptability. Live in one unit while generating income from the other to reduce mortgage exposure, create a dedicated studio or workspace, or design a multi-generational layout that evolves with your needs. Run your business from home without paying commercial rent. Separate living spaces provide versatility and strong potential for long & mid-term rentals, a serene retreat, or creative residency with rental income while maintaining your own private residence. A rare opportunity to own a spacious property designed for both lifestyle and leverage. Set in the quiet landscape of Grafton yet within reach of all the Capital Region has to offer, this property combines privacy with practicality. Multiple entrances and configurable layouts create a rare opportunity for those seeking both independence and financial freedom. This is more than a home - it's a basecamp for building what's next.

5 Beds ⋅ 3 Baths ⋅ 202620645 MLS

Grafton Stone House is not a typical two-family - it's a property built for possibility! This income producing Airbnb and legal two-family residence set on 1 acre offers flexible living arrangements and zoning potential ideal for owner-occupants, entrepreneurs, makers, or investors seeking built-in adaptability. Live in one unit while generating income from the other to reduce mortgage exposure, create a dedicated studio or workspace, or design a multi-generational layout that evolves with your needs. Run your business from home without paying commercial rent. Separate living spaces provide versatility and strong potential for long & mid-term rentals, a serene retreat, or creative residency with rental income while maintaining your own private residence. A rare opportunity to own a spacious property designed for both lifestyle and leverage. Set in the quiet landscape of Grafton yet within reach of all the Capital Region has to offer, this property combines privacy with practicality. Multiple entrances and configurable layouts create a rare opportunity for those seeking both independence and financial freedom. This is more than a home - it's a basecamp for building what's next.

2003 NY Highway 2, Grafton

$364,900

This well-maintained building features updated electrical, PEX plumbing, tankless water heaters, high-efficiency gas forced-air heating systems, updated flooring, fixtures, appliances, insulation, sheetrock, and trim throughout. The second-floor unit offers attractive skylights, while tenants enjoy access to a shared laundry room with coin-operated washers and dryers. Additional features include a sump pump, fully fenced backyard, deck, and storage shed. Professionally maintained with all required permits and fire safety systems in place. Conveniently located near shopping, dining, public transportation, and major roadways. A turnkey investment with immediate rental income, strong occupancy history, and long-term upside. Excellent Condition.

8 Beds ⋅ 4 Baths ⋅ 202620327 MLS

This well-maintained building features updated electrical, PEX plumbing, tankless water heaters, high-efficiency gas forced-air heating systems, updated flooring, fixtures, appliances, insulation, sheetrock, and trim throughout. The second-floor unit offers attractive skylights, while tenants enjoy access to a shared laundry room with coin-operated washers and dryers. Additional features include a sump pump, fully fenced backyard, deck, and storage shed. Professionally maintained with all required permits and fire safety systems in place. Conveniently located near shopping, dining, public transportation, and major roadways. A turnkey investment with immediate rental income, strong occupancy history, and long-term upside. Excellent Condition.

421 4th Street, Troy

$339,900

Recently updated 3 unit featuring new luxury vinyl plank flooring and fresh paint throughout. Conveniently located in the heart of little Italy's Troy district with easy access to public transportation, major highways, shopping, restaurants, and local amenities. Washer and Dryer hook-ups are available, making this ideal for an owner-occupant or savvy investor seeking strong rental income potential. Don't miss out on this turn key triplex! Can be packaged with 516 4th street for an even greater investment opportunity..

9 Beds ⋅ 3 Baths ⋅ 202620188 MLS

Recently updated 3 unit featuring new luxury vinyl plank flooring and fresh paint throughout. Conveniently located in the heart of little Italy's Troy district with easy access to public transportation, major highways, shopping, restaurants, and local amenities. Washer and Dryer hook-ups are available, making this ideal for an owner-occupant or savvy investor seeking strong rental income potential. Don't miss out on this turn key triplex! Can be packaged with 516 4th street for an even greater investment opportunity..

283 4th Street, Troy

$339,900

Updated triplex, freshly painted, hardwood floors, new appliances; offering spacious units. Vacant and easy to show, providing an excellent opportunity for both investors and owner-occupants. Located in the heart of Troy just minutes from Hudson Valley Community College, RPI, Sage College public transportation, popular restaurants, shopping and everything downtown Troy has to offer! Strong rental potential or owner occupied. Can be purchased individually or packaged with triplex 283 4th for a start (or) addition to your investment portfolio

6 Beds ⋅ 3 Baths ⋅ 202620187 MLS

Updated triplex, freshly painted, hardwood floors, new appliances; offering spacious units. Vacant and easy to show, providing an excellent opportunity for both investors and owner-occupants. Located in the heart of Troy just minutes from Hudson Valley Community College, RPI, Sage College public transportation, popular restaurants, shopping and everything downtown Troy has to offer! Strong rental potential or owner occupied. Can be purchased individually or packaged with triplex 283 4th for a start (or) addition to your investment portfolio

516 4th Street, Troy

$305,000

Turnkey mixed-use (MU1 zoning) investment opportunity in Troy! This versatile three-unit property features two residential apartments and a third unit that can be used for commercial space, an office, studio, etc. All units have been extensively updated with renovated kitchens and bathrooms, new LVP flooring, new doors, and fresh paint throughout. The exterior has also been freshly painted, offering excellent curb appeal and reduced maintenance concerns. Ideal for investors or owner-occupants seeking flexibility and income potential. The one bedroom unit is rented for $1,000 per month and the other two units are vacant.

7 Beds ⋅ 3 Baths ⋅ 202619654 MLS

Turnkey mixed-use (MU1 zoning) investment opportunity in Troy! This versatile three-unit property features two residential apartments and a third unit that can be used for commercial space, an office, studio, etc. All units have been extensively updated with renovated kitchens and bathrooms, new LVP flooring, new doors, and fresh paint throughout. The exterior has also been freshly painted, offering excellent curb appeal and reduced maintenance concerns. Ideal for investors or owner-occupants seeking flexibility and income potential. The one bedroom unit is rented for $1,000 per month and the other two units are vacant.

1 Lincoln Avenue, Troy

$199,900

NEW & IMPROVED! Fantastic opportunity to own a spacious up-and-down duplex in a great Troy location! The first-floor unit features 1 bedroom and 1 full bath, while the generously sized second-floor unit offers 2 bedrooms, 1.5 baths, and a unique multi-level layout. Highlighted by a newly renovated kitchen, spacious living areas, and a private fenced-in backyard, this property has plenty to offer! Conveniently located right on the bus line. A rare cash-flowing opportunity in today's market, ideal for investors or owner-occupants alike! BEST OF ALL, the existing FHA mortgage is assumable at an incredible 3.25% interest rate, subject to lender approval and qualification! Flood insurance required. Both units to be delivered vacant, offering immediate flexibility for the next owner. Don't miss this opportunity. Schedule your private showing today!

3 Beds ⋅ 3 Baths ⋅ 202617999 MLS

NEW & IMPROVED! Fantastic opportunity to own a spacious up-and-down duplex in a great Troy location! The first-floor unit features 1 bedroom and 1 full bath, while the generously sized second-floor unit offers 2 bedrooms, 1.5 baths, and a unique multi-level layout. Highlighted by a newly renovated kitchen, spacious living areas, and a private fenced-in backyard, this property has plenty to offer! Conveniently located right on the bus line. A rare cash-flowing opportunity in today's market, ideal for investors or owner-occupants alike! BEST OF ALL, the existing FHA mortgage is assumable at an incredible 3.25% interest rate, subject to lender approval and qualification! Flood insurance required. Both units to be delivered vacant, offering immediate flexibility for the next owner. Don't miss this opportunity. Schedule your private showing today!

715 2nd Avenue, Troy

$265,000

Fantastic mixed-use opportunity on a great corner lot along a busy, high visibility street! The property features a spacious commercial storefront, ideal for retail, market or offices. A 2 bedroom very spacious single family in rear with another separate unit offering a generous 1 bedroom layout. This is a perfect opportunity for an owner occupant or investor seeking strong exposure and steady rental income. Can be sold with 847 5th Ave as a bundle.

202617785 MLS

Fantastic mixed-use opportunity on a great corner lot along a busy, high visibility street! The property features a spacious commercial storefront, ideal for retail, market or offices. A 2 bedroom very spacious single family in rear with another separate unit offering a generous 1 bedroom layout. This is a perfect opportunity for an owner occupant or investor seeking strong exposure and steady rental income. Can be sold with 847 5th Ave as a bundle.

853 5th Avenue, Troy

$489,900

2425 5th Avenue is a strong value-add multifamily opportunity in Troy featuring 3 units with separate utilities and major recent updates. Two of the three units have already been renovated, offering immediate rental appeal and income potential, while the remaining unit provides additional upside for investors looking to increase value and cash flow. Conveniently located directly behind the brand-new Central Rock Gym and just minutes from downtown Troy, restaurants, shopping, and major commuter routes. A great opportunity to own a multifamily property in one of the Capital Region's fastest-growing rental markets.

9 Beds ⋅ 3 Baths ⋅ 202616984 MLS

2425 5th Avenue is a strong value-add multifamily opportunity in Troy featuring 3 units with separate utilities and major recent updates. Two of the three units have already been renovated, offering immediate rental appeal and income potential, while the remaining unit provides additional upside for investors looking to increase value and cash flow. Conveniently located directly behind the brand-new Central Rock Gym and just minutes from downtown Troy, restaurants, shopping, and major commuter routes. A great opportunity to own a multifamily property in one of the Capital Region's fastest-growing rental markets.

2425 5th Avenue, Troy

$319,000

Large brick 3-unit property in Troy featuring spacious layouts and separate utilities. This free-standing building located next to a Hope Park offers an excellent opportunity for investors or owner-occupants looking to build equity in a well maintained property. Each unit includes in-unit laundry for added convenience. Ideally located near downtown Troy, RPI, shopping, and major transportation routes.

6 Beds ⋅ 3 Baths ⋅ 202616460 MLS

Large brick 3-unit property in Troy featuring spacious layouts and separate utilities. This free-standing building located next to a Hope Park offers an excellent opportunity for investors or owner-occupants looking to build equity in a well maintained property. Each unit includes in-unit laundry for added convenience. Ideally located near downtown Troy, RPI, shopping, and major transportation routes.

151 Jackson Street, Troy

$250,000

We are back!!! 516 Pawling Ave is a well-positioned two-family home in Eastside Troy offering flexible living and income opportunities. The property features 6 bedrooms and 2 full baths across more than 3,000 sq ft on a 0.10-acre lot. Each unit includes a welcoming front porch and there is a usable backyard for outdoor space. Recent updates include NEW hot water tanks installed in 2025. This home presents a solid value-add opportunity for investors or owner-occupants seeking rental income potential and the ability to customize to taste. Excellent transit access and easy connections to major highways add to the appeal, with convenient proximity to neighborhood amenities. Cosmetic updates will maximize comfort and return. Sold in its current condition; seller will not make repairs. AI-assisted photo editing used to optimize lighting and presentation (no structural changes).

6 Beds ⋅ 2 Baths ⋅ 202616313 MLS

We are back!!! 516 Pawling Ave is a well-positioned two-family home in Eastside Troy offering flexible living and income opportunities. The property features 6 bedrooms and 2 full baths across more than 3,000 sq ft on a 0.10-acre lot. Each unit includes a welcoming front porch and there is a usable backyard for outdoor space. Recent updates include NEW hot water tanks installed in 2025. This home presents a solid value-add opportunity for investors or owner-occupants seeking rental income potential and the ability to customize to taste. Excellent transit access and easy connections to major highways add to the appeal, with convenient proximity to neighborhood amenities. Cosmetic updates will maximize comfort and return. Sold in its current condition; seller will not make repairs. AI-assisted photo editing used to optimize lighting and presentation (no structural changes).

516 Pawling Avenue, Troy

$799,000

Fantastic opportunity to own a turn key, updated 6 unit building. Renovations completed in 2020 including fabulous kitchens and baths, electrical and rubber roof. State of the art heating systems, washer and dryer hookups for each unit. Sound and fire insulation between apartments. Separate utilities (owner pays electric for one unit which is tied to common area) Off street parking in the rear for 5 cars. Close to Hudson Valley Community College, easy access to highways and on busline. Great condition. A must see property.

16 Beds ⋅ 6 Baths ⋅ 202612200 MLS

Fantastic opportunity to own a turn key, updated 6 unit building. Renovations completed in 2020 including fabulous kitchens and baths, electrical and rubber roof. State of the art heating systems, washer and dryer hookups for each unit. Sound and fire insulation between apartments. Separate utilities (owner pays electric for one unit which is tied to common area) Off street parking in the rear for 5 cars. Close to Hudson Valley Community College, easy access to highways and on busline. Great condition. A must see property.

571-573 1st Street, Troy

$240,000

Discover this renovated 2-family home offering 1,920 sq ft, 6 bedrooms, and 3 bathrooms—perfect for investors or owner-occupants seeking rental income. Potential cash cow with 1300-1600 per unit! Each unit features spacious rooms and a functional layout. Set on a 4,699 sq ft lot with an attached garage, the property is conveniently located near shops, schools, and parks in the heart of Hoosick Falls. A great opportunity to own a nice income producing property!

6 Beds ⋅ 3 Baths ⋅ 202530078 MLS

Discover this renovated 2-family home offering 1,920 sq ft, 6 bedrooms, and 3 bathrooms—perfect for investors or owner-occupants seeking rental income. Potential cash cow with 1300-1600 per unit! Each unit features spacious rooms and a functional layout. Set on a 4,699 sq ft lot with an attached garage, the property is conveniently located near shops, schools, and parks in the heart of Hoosick Falls. A great opportunity to own a nice income producing property!

99 Railroad Avenue, Hoosick Falls

$380,000

🔥 NEW PRICE -- All Offers Considered 🔥 Investor Alert: Two post-and-beam buildings at 430 & 432 Main Street, Stephentown generating $5,500/month from four apartments. All leases end August 2026, giving the next owner full freedom to set new rental rates. Recent upgrades include new appliances, fixtures, wiring, insulation, furnace, and windows. Tenants pay their own heat and electric. Enjoy a private backyard with gardens, mature fruit trees, open space, and a creek. Close to the Berkshires, Hudson, Chatham, TSP, I-90, and Albany. 24-hour notice for showings.

9 Beds ⋅ 7 Baths ⋅ 202523648 MLS

🔥 NEW PRICE -- All Offers Considered 🔥 Investor Alert: Two post-and-beam buildings at 430 & 432 Main Street, Stephentown generating $5,500/month from four apartments. All leases end August 2026, giving the next owner full freedom to set new rental rates. Recent upgrades include new appliances, fixtures, wiring, insulation, furnace, and windows. Tenants pay their own heat and electric. Enjoy a private backyard with gardens, mature fruit trees, open space, and a creek. Close to the Berkshires, Hudson, Chatham, TSP, I-90, and Albany. 24-hour notice for showings.

430 NY 43, Stephentown

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