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    429 1St St Troy, NY 12180

    Pending
    For Sale
    $285,000

    MULTI_FAMILY - Troy, NY

    Property size:
    3,576 SF
    Lot size:
    0.16 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 429 1St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 7, Bathroom 2
    Bedrooms
    7
    Bathrooms
    2
    APN
    381700 111.44-1-20
    Parking features
    Off Street
    Basement
    Full
    Size
    3,576 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1890
    Number of units
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Rubber

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Saad Tai (518) 348-9535 License #10401373295

    Listing date Sep 29, 2025

    Copyright © 2025 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.

    Overview

    Troy Multifamily Investment Opportunity

    Located in Troy, NY, this multifamily property at 429 1st St features 7 bedrooms and 2 baths within its 3,576 square feet. Situated on a 0.16-acre lot, the property includes large units in good condition. The property features a remodeled kitchen and oversized layouts. The property is currently generating $2,200 per month downstairs (including utilities) and $1,400 per month upstairs, with potential for increased rental income. The property is suitable for student rentals or multi-tenant housing. The location is walkable to RPI, Sage College, downtown Troy, and public transportation. This property is an income-ready asset in a rental market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.69696
    Latitude
    42.714009

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    FAQs

    What type of property is this?
    Duplex - Turn-key multifamily property near RPI and Sage College.
    Where is this duplex located?
    The property is located at 429 1St St Troy, NY.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Proven cash-flowing property with existing rental income of $3,600/month.; - Turn-key and income-ready with large units in great condition.; - Strong potential to increase rents.
    (518) 348-9535
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    429 1St St Troy, NY 12180
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