Furnished 3-Unit Multifamily
New
For Sale
$475,000
539 Congress St, Troy, NY 12180
Residential Income, Troy, NY
Property SizeContact for details
Lot Size0.18 Acres
Days on Market3
Property Features for 539 Congress St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 9, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 8
High school district
000000
Standard status
Active
APN
000000-101.000-0003-028.000
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
6067
Utilities
Water source
Public
Amenities
backyard common space
Building Details
Year built
1920
Floors in Building
3
Flooring type
Hardwood
Roof type
Rubber
Listing Agency:
NB ELITE REALTY LLC
(844) 444-6237
Listed By:
Galen Faurot-Pigeon
(844) 444-6237
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 22 at 6:06PM
MLS# 11943498
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.
Located at 539 Congress Street, this 1920 brick multifamily property contains three units: one one-bedroom apartment and two four-bedroom apartments. The nine bedrooms are furnished, and each residence features hardwood flooring. A shared backyard area provides common outdoor space for occupants.
The property is situated in Troy’s Hill neighborhood, approximately a two-minute walk from RPI Campus Commons. All nine bedrooms are leased for the 2026–27 academic year through nine individual leases. The building is served by public water and has a rubber roof. Reported investment metrics include a 10.0% in-place cap rate, 7.0x GRM, 1.76x DSCR at 75% leverage, and 15.4% cash-on-cash return.
The property is situated in Troy’s Hill neighborhood, approximately a two-minute walk from RPI Campus Commons. All nine bedrooms are leased for the 2026–27 academic year through nine individual leases. The building is served by public water and has a rubber roof. Reported investment metrics include a 10.0% in-place cap rate, 7.0x GRM, 1.76x DSCR at 75% leverage, and 15.4% cash-on-cash return.
Key Highlights
- Three‑unit configuration with one 1‑bedroom unit and two 4‑bedroom units
- Nine furnished bedrooms leased for the 2026–27 academic year through individual leases
- Approximately a 2‑minute walk to RPI Campus Commons in Troy’s Hill neighborhood
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Explore this area
Business Placement
Demographics for 12180, NY
55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully leased student housing near RPI Campus Commons with shared backyard space and hardwood flooring.
Where is this multifamily property located?
The property is located at 539 Congress St Troy, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three‑unit configuration with one 1‑bedroom unit and two 4‑bedroom units; Nine furnished bedrooms leased for the 2026–27 academic year through individual leases; Approximately a 2‑minute walk to RPI Campus Commons in Troy’s Hill neighborhood
