521 1st Street Troy, NY ^$ 450,000

521 1st Street

^$ 450,000

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521 1st Street

Troy, NY, 12180

^$ 450,000

Bedrooms8 Baths4.0

Monthly Estimate*

^$ 3,143

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Multi-Family Home for sale in Troy, NY

for $450,000 with 8 bedrooms and 4 full baths. This home was built in 1890 on a lot size of 0.07.

''Exceptional Investment Opportunity: Fully Occupied Money-Making Multi-Family Property! This turnkey investment offers a perfect opportunity for both investors and owner-occupants. The units are impeccably modern and well-maintained, boasting newer windows, heating and cooling systems, flooring, and hot water heaters. Nestled in the heart of Troy, NY, this beautiful brick 4-unit property offers a peaceful setting for tenants. Showings require 24 hours' notice. Cap Rate of 14%

Multi-Family Pending

Price

^$ 450,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,710

Style

Traditional

Lot Size

0.07

Year Built

1890

Town/City

Troy

County/Region

Rensselaer

MLS | Web ID

202412352

Features

General

Interior Features High Speed Internet Walk-In Closet(s) Built-in Features Ceramic Tile Bath Crown Molding

Sewer Public Sewer

Heating Forced Air

Cooling Central Air Wall Unit(s)

Possession At Closing

Roof Other Rubber

Exterior Features None

Garage Spaces 0.0

Architectural Style Traditional

Construction Materials Brick

Year Built 1890

Electric 200+ Amp Service

View River City

Property SubType Quadruplex

County Rensselaer

New Construction N

Property Type MultiFamily

HOA / Comm Assn N

Attached Garage N

Status Pending

Buyer Financing Conventional

Directions Take 1 787 over menands bridge into troy onto route 4 left on Tyler and then left on first street.

City Troy

Buyer Agent Compensation 2.50

View Y/N N

High School District Troy

Lot Size Square Feet 3049.2

Waterfront Y/N N

Carport Y/N N

Street Name 1st

Land Lease Y/N N

Tax Annual Amount 7710.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 19

Standard Status Pending

Tax Assessed Value 0

Buyer Agent Compensation Type %

Senior Community None

Interior

Basement None Other

Flooring Vinyl Laminate

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Full Baths 4

Half Baths 0

Street Suffix Street

Laundry Features Main Level

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 4

Exterior

Fencing Back Yard

Parking Features Off Street Driveway

Lot Features Level Cleared Corner Lot

Water Source Public

Total Parking 3.0

Lot Size Area 0.07

Spa N

Lot Size Acres 0.07

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N Y

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 521

* Excluded Features

List By

Hassan Khan

Listing Agent

The People's Real Estate Group

Broker

(518) 951-5575

Phone

Hassan@ThePeoplesRealEstate.net

Affordability Calculator

$3,786

Per Month

Monthly Principal & Interest: $3,143
Monthly Property Taxes: $643
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Troy, NY

Average List Price ^$259,257

Percent of Sale Price 42%

About Troy, NY

50,164 Population

2% Since 2002

^$41,523 Median Income

33.3 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853469 Elementary School

853213 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2024	$450,000		Listed Price

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521 1st Street, Troy, NY, 12180 is a Multi-Family Home for sale at $450,000 with a lot size of 0.07. 521 1st Street has 8 bedrooms, 4.0 baths, and was built in 1890. The property's zip code is 12180 which is in Troy, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 4/30/2024.

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521 1st Street

Multi-Family Home for sale in Troy, NY

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