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Two-Family Residential Income Property

169 Hoosick Street Troy, NY 12180

169 Hoosick Street, Troy, NY, 12180
$334,900
For Sale
$334,900

MULTI_FAMILY - Troy, NY

Property Size2,688 SF
Lot Size0.07 Acres
Price / SF$124.59
Days on Market97

Property Features for 169 Hoosick Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 5
Patio and Porch features
Porch
Standard status
Active
Size
2,688 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
7000

Utilities

Heating system
Natural Gas
Water source
Public

Building Details

Year built
1930
Number of units
2
Flooring type
Vinyl
Building materials
Brick
Roof type
Rubber
Listing agency Miranda Real Estate Group Inc
Listed by Scott Frahm
Added: Apr 17 Updated: Jul 21 at 1:05AM Checked: Jul 22 at 9:06PM
MLS# 11694651

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This fully remodeled two-family residential income property features updated kitchens with new appliances, including a dishwasher, soft-close drawers, and quartz countertops. Bathrooms have been updated, and new flooring has been added throughout. Each unit includes an in-unit washer and dryer, and the property also offers off-street parking in the back along with a small yard.

Located along the Hoosick St corridor in Troy, New York, the home currently has the first floor vacant and ready to move in, supporting either owner-occupancy or rental use. The listing notes potential for short-term rental use in addition to long-term leasing.

The property is a two-unit layout with the first floor available at the time of listing and off-street parking provided to the rear.

Key Highlights

  • Rejuvenated two‑family home on the Hoosick St corridor with the first floor vacant and ready to move in
  • Totally remodeled with updated kitchens featuring quartz countertops and new appliances including a dishwasher
  • Bathrooms updated and new flooring installed; vinyl flooring throughout

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $54.8k $20.40
− Vacancy −$2.6k −$0.98
EGI $52.2k $19.42
− OpEx −$23.5k −$8.74
NOI $28.7k $10.68
2,688 SF · lease $20.40/SF/yr · vacancy 4.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$443.4K
$388.0K – $517.3K (±1% cap)
NOI $31,037 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$410.2K
$358.9K – $478.5K (±1% cap)
NOI $28,712 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$838.8K
$733.9K – $978.6K (±1% cap)
NOI $58,714 @ 7.0% cap · market cap 17.53%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Home Appliance Store Computer & Electronic Repair Tech Support Center Electrical Service Florist Veterinary Clinic HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Rejuvenated two-family on Hoosick Street with in-unit washer and dryer, updated kitchens and bathrooms, and off-street parking.
Where is this duplex located?
The property is located at 169 Hoosick Street Troy, NY.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Rejuvenated two‑family home on the Hoosick St corridor with the first floor vacant and ready to move in; Totally remodeled with updated kitchens featuring quartz countertops and new appliances including a dishwasher; Bathrooms updated and new flooring installed; vinyl flooring throughout
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More about this property
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