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    Renovated Brick Two-Family Investment Property Title is generated by Realmo AI

    8 St Marys Avenue, Troy, NY 12180

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    Claim this Listing
    Pending
    $299,999

    MULTI_FAMILY - Other - Troy, NY

    Property size:
    2,100 SF
    Lot size:
    0.03 Acres
    Added:
    Apr 10, 2026
    Days on Market:
    88
    Last Refresh:
    Jul 6 at 9:06 am

    Property Features for 8 St Marys Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2
    Patio and Porch features
    Porch
    Interior features
    Paddle Fan, High Speed Internet, Walk-In Closet(s), Ceramic Tile Bath, Chair Rail
    Fireplace
    1
    Basement
    Unfinished, Full
    Standard status
    Pending
    APN
    381700 101.69-19-15
    Size
    2,100 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2880

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1910
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    We can help!

    Contact an agent
    Tamara S DeMartino

    Listing agent Tamara S DeMartino License #10401259632

    Listing office Venture Fox Realty Group LLC 2390 Western Ave, Guilderland, NY

    Listing date Apr 10, 2026

    MLS# 202614847 Listing URL

    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.

    HighLights

    • Renovated solid brick 2‑family home, fully rented and leased
    • New furnaces and hot water heaters installed in 2024
    • Year built 1910 with rubber roof
    • Natural gas forced‑air heating; public water and public sewer
    • Includes 5 bedrooms and 2 bathrooms across the units
    • Interior features include walk‑in closets, ceramic tile baths, and ceiling paddle fans

    Overview

    This is a renovated, solid brick two-family property that is fully rented and leased. It is located on a quiet street near Prospect Park in Troy, New York. The property offers an investment opportunity in a convenient location. The building has new furnaces and hot water heaters installed in 2024. The property size is 2100 square feet and the lot size is 0.03 acres.

    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 $36.5k $17.40
    − Vacancy −$1.9k −$0.90
    EGI $34.6k $16.50
    − OpEx −$10.4k −$4.95
    NOI $24.2k $11.55
    2,100 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $346.4K
    $303.1K – $404.1K (±1% cap)
    NOI $24,248 @ 7.0% cap · market cap 8.08%
    Second Best
    Apartment 5plus
    $320.4K
    $280.4K – $373.9K (±1% cap)
    NOI $22,431 @ 7.0% cap · market cap 7.48%
    Theoretical Best
    Office A
    $655.3K
    $573.4K – $764.5K (±1% cap)
    NOI $45,870 @ 7.0% cap · market cap 15.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Skin Care Clinic Auto Parts Store Tech Support Center Car Rental Facility Cosmetic Store (Bike/Boat/Book/etc) Store Shopping Center & Mall Veterinary Clinic Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.688867
    Latitude
    42.723894

    FAQs

    What type of property is this?
    Duplex - Fully rented, renovated brick two-family near Prospect Park, Troy, NY.
    Where is this duplex located?
    The property is located at 8 St Marys Avenue Troy, NY.
    What is the asking price?
    The asking price for this property is $299,999.
    What are key features of this property?
    This property features: Renovated solid brick 2‑family home, fully rented and leased; New furnaces and hot water heaters installed in 2024; Year built 1910 with rubber roof
    More about this property
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