Remodeled Two-Family
For Sale
$299,900
34 Francis Street, Troy, NY 12180
Turn-key two-family residence with brand-new kitchens, updated bathrooms, and modern finishes in each unit.
Property Size1,848 SF
Price / SF$162.28
Days on Market159
Property Features for 34 Francis Street
General Information
Standard status
Active
Size
1,848 SF
Property subtype
Multi Family / Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
1848
Listing Agency:
Clancy Real Estate
(518) 461-9937
Listed By:
Kevin Clancy · License #35CL0831623
(518) 461-9937
Source:
Compass
Added: Feb 25
Changed: Jul 22
Last Checked: Aug 2 at 2:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Clancy Real Estate
Investment Insights
Based on property information with market context.
This fully remodeled two-family home offers spacious living for each unit, with brand-new kitchens, beautifully updated bathrooms, and modern finishes throughout. Major improvements have already been completed, creating a turn-key property designed for low maintenance. The configuration provides flexible living options, supporting either strong rental use or owner occupancy with additional unit income.
Located in Troy, New York, the home sits on a quiet dead-end street while remaining close to local shops, restaurants, and major roadways.
With both units set up for generous living space and comprehensive interior updates, the property is ready for an investor or owner-occupant looking for an updated, income-producing two-family.
Located in Troy, New York, the home sits on a quiet dead-end street while remaining close to local shops, restaurants, and major roadways.
With both units set up for generous living space and comprehensive interior updates, the property is ready for an investor or owner-occupant looking for an updated, income-producing two-family.
Key Highlights
- Two‑family home built in 1848 with fully remodeled interiors
- Brand‑new kitchens in each unit and updated bathrooms with ceramic tile bath
- Modern finishes throughout with vinyl siding and shingle roof
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 7.12%
Second Best
Apartment 5plus
$282.0K
$246.7K – $329.0K
NOI $19,739 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$576.7K
$504.6K – $672.8K
NOI $40,366 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
253
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Turn-key two-family residence with brand-new kitchens, updated bathrooms, and modern finishes in each unit.
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 $299,900.
What are key features of this property?
This property features: Two‑family home built in 1848 with fully remodeled interiors; Brand‑new kitchens in each unit and updated bathrooms with ceramic tile bath; Modern finishes throughout with vinyl siding and shingle roof
