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Listed by Branden Walker • KW Platform
$ 188,000
Est. payment /mo
Active
893 River Street Troy, NY 12180
6 Beds
2 Baths
2,632 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,632 sqft
Price per Sqft $71
MLS Listing ID 202625401
Bedrooms 6
Full Baths 2
HOA Y/N No
Year Built 1885
Annual Tax Amount $3,963
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Duplex
Source Global MLS
Property Description
Here's a chance to own a piece of Troy history. Built in 1885, this classic brick two-family at 893 River St offers 2,632 square feet with a practical layout investors and owner-occupants both love: each floor has 3 bedrooms and 1 bath, so you can live in one unit and rent the other, or hold both as rentals in a city where rental demand stays strong. The second floor has a new furnace, and the first floor comes with a long-term tenant already in place at $865/month — income from day one for an investor, or move into the second floor yourself and let the first floor help carry the mortgage. At $188,000 this is an affordable entry into Troy's historic housing stock — 19th-century character, a North Central location minutes from downtown, and a price point that leaves room to improve and build equity. Why Troy: Troy is a Hudson River city with one of the most intact Victorian downtowns in the country — its cast-iron River Street architecture is often compared to SoHo, and its streets regularly double as a movie set. Saturday mornings bring the year-round Troy Waterfront Farmers Market to River Street, and the calendar fills out with the River Street Festival, Rockin' on the River summer concerts, Troy Night Out on the last Friday of each month, and the Victorian Stroll in December. The Troy Savings Bank Music Hall anchors the arts scene, and galleries, cafes, and restaurants line downtown's walkable core. For everyday life, you're in the Capital Region: RPI and Hudson Valley Community College nearby, Albany's employers and the Albany-Rensselaer Amtrak station just across the river, and Prospect Park's Hudson views a short trip away.
Location
State NY
County Rensselaer
Direction River Street between Glen Ave & 101st St
Interior
Heating Hot Water
Exterior
Exterior Feature None
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Troy
Others
Tax ID 381700 90.54-1-9
Special Listing Condition Standard
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