Property summary
This exceptional investment opportunity comprises eleven multifamily properties strategically located throughout Troy, New York, in Rensselaer County, zip code 12180. The portfolio includes a mix of apartment buildings and single-family rentals, offering a diverse income stream. All buildings are classified as Class B and underwent renovations in 2023. The properties boast a strong historical performance with consistent rental income, providing a solid foundation for long-term investment success. Their prime locations offer convenient access to local amenities, schools, and transportation routes, enhancing tenant demand and rental rates. The portfolio is being offered for sale by owner for $2,253,900. Individual property addresses include: 61 Tyler St, 65 Tyler St, 67 Ingalls Ave, 626 4th St, 628 4th St, 60 Thompson St, 3324 6th Ave, 503 1st St, 82 Ida St, and 242 4th St, all in Troy, NY. This is a ground lease-free opportunity with significant potential for growth and return on investment. The portfolio's well-maintained units ensure high tenant satisfaction and minimal vacancy rates. This is an ideal investment for those seeking income stability and growth potential in a thriving market.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
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