641 6Th Ave Troy, NY 12182

This mixed-use property located at 641 6th Ave, Troy, NY 12182, presents a compelling investment opportunity. The building is a two-family home, featuring a three-bedroom unit on the first floor and a two-bedroom unit on the second floor. Situated in the upper Lansingburgh neighborhood, this property boasts a double lot providing ample space for off-street parking accessed via a rear alley. Recent updates include a new roof and siding within the last 10 years. Each unit benefits from separate utilities, including gas hot air heating and gas hot water heaters. Currently occupied by long-term tenants, the property generates immediate rental income. While current rents are below market value, strategic upgrades to the units will significantly increase rental income potential. This property is ideal for investors seeking a combination of immediate cash flow and long-term appreciation through renovations. The asking price is $169,000. The lot size is 0.14 acres. The building's square footage is not specified.