Remodeled Two-Family Home in
34 Francis Street Troy, NY 12180
34 Francis Street, Troy, NY, 12180
$279,900
Pending
For Sale
$279,900
Pending
MULTI_FAMILY - Other - Troy, NY
Property Size1,848 SF
Lot Size0.20 Acres
Days on Market147
Property Features for 34 Francis Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1
- Interior features
- High Speed Internet, Ceramic Tile Bath
- Basement
- Full, Unfinished
- Standard status
- Pending
- APN
- 381700 112.37-4-4
- Size
- 1,848 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5000
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1848
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Clancy Real Estate
(518) 861-7016
Listed by
Kevin Clancy · License #37CL1081409
(518) 461-9937
Added: Feb 25 Updated: May 14 at 3:09AM Checked: Jul 22 at 12:06PM
MLS# 202612433
Copyright © 2026 Global MLS, Inc. 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 two-family home presents an opportunity for investment or owner-occupancy. The property has been fully remodeled, featuring new kitchens, updated bathrooms, and modern finishes. Major improvements have been completed. Each unit offers generous living space, suitable for rental income or owner occupancy with additional income potential. The property is located in Troy, NY, on a quiet dead-end street, providing privacy while remaining close to local shops, restaurants, and major roadways. The lot size is 0.2 acres and the property size is 1848 square feet.
Key Highlights
- Fully remodeled two‑family home, turn‑key and ready to go.
- Ideal for investment or owner‑occupancy with rental income potential.
- New kitchens, updated bathrooms, and modern finishes throughout.
Local Financial Insights For Multifamily LT 5
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 | $32.2k | $17.40 |
| − Vacancy | −$1.7k | −$0.90 |
| EGI | $30.5k | $16.50 |
| − OpEx | −$9.1k | −$4.95 |
| NOI | $21.3k | $11.55 |
1,848 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$304.8K
$266.7K – $355.6K
NOI $21,338 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$282.0K
$246.7K – $329.0K
NOI $19,739 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$576.7K
$504.6K – $672.8K
NOI $40,366 @ 7.0% cap · market cap 14.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated two-family home in Troy, ideal for investment or occupancy.
Where is this duplex located?
The property is located at 34 Francis Street Troy, NY.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Fully remodeled two‑family home, turn‑key and ready to go.; Ideal for investment or owner‑occupancy with rental income potential.; New kitchens, updated bathrooms, and modern finishes throughout.
