277 Congress Street
Troy, NY, 12180 $ 999,000
Bedrooms11 Baths4.0 Sq 3,650 Monthly Estimate*
$ 6,900
for $999,000 with 11 bedrooms and 4 full baths. This 3,650 square foot home was built in 1910 on a lot size of 0.12.
Turnkey Student-Housing Investment Near RPI - Fully Renovated & Low Maintenance Rare opportunity to own a beautifully maintained, high-quality student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, modern amenities, quality furnishings, and excellent tenant appeal. The residence underwent a full renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These major infrastructure upgrades significantly reduce long-term operating costs, resulting in exceptionally low maintenance expenses--a major advantage for investors seeking stable, predictable cash flow. The property includes three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation and gatherings. Outdoor amenities include an updated back deck and a green backyard for tenant enjoyment. Prospect Park is directly across the street, with a convenience store nearby. Located within walking distance of RPI and Downtown Troy, the property offers easy access to campus, restaurants, shops, entertainment, and public amenities. It has a strong history of full occupancy, reflecting consistent demand for high-quality student housing. Highlights 11 Bedrooms; 4 Bathrooms Fully renovated: new electrical, plumbing, insulation, drywall Extremely low maintenance expenses Three HVAC systems; on-demand hot water heaters High-end furniture; stainless-steel appliances; quartz countertops Enclosed patio/entertainment room Updated back deck; green backyard Prospect Park across the street Walking distance to RPI and Downtown Troy Approx. $92K gross annual rental income Strong history of full occupancy Proof of income or financial qualification required before scheduling a showing.
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FeaturesInteriorInterior Amenities Walk-In Closet(s)
Basement Bilco Doors Crawl Space Full Pillar/Post/Pier Slab Sump Pump Unfinished Walk-Out Access
Flooring Hardwood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Double Pane Windows Blinds Curtain Rods
Above Grade Finished Area 3650.0
Half Baths 0
Laundry Features Electric Dryer Hookup Laundry Closet Laundry Room Main Level Upper Level Washer Hookup
Total Bedrooms 11
Below Grade Finished Area 0.0
Below Grade Finished Area Source See Remarks
Above Grade Finished Area Source Plans
Total Baths 4
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GeneralSewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession At Closing
Roof Flat
Zoning Multi Residence
Garage Spaces 0.0
Patio/Porch Features Rear Porch Covered Deck Enclosed
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1910
Electric 200+ Amp Service Circuit Breakers
View Trees/Woods Hills
Property Subtype Triplex
County Rensselaer
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Full Baths 4
Status Active
Directions From I-87 in Latham take NY-7 East toward Troy. Exit and turn right onto 8th Street continue straight then turn left onto Congress Street. Proceed to 277 Congress Street Troy NY 12180.
City Troy
High School District Troy
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 5227.2
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5295.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Concessions No
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://app.doaudiotours.com/unbranded?id=29837&lang=en-US
Standard Status Active
Tax Assessed Value 0
Tax Lot 3.000
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ExteriorFencing Back Yard Partial
Parking Features Off Street Driveway
Lot Features Wooded
Water Source Public
Total Parking 2.0
Lot Size Area 0.12
Foundation Details Brick/Mortar Stone
Spa N
Lot Size Acres 0.12
Waterfront Y/N N
Door Features ENERGY STAR Qualified Doors French Doors
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByCapital Elite Realty TeamListing Agent
Capital Elite Realty Group LlcBroker
capitaleliterealty@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,900
- Monthly Property Taxes
- $441
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Troy, NY
Average List Price $427,636
Percent of Sale Price 57%
About Troy, NY 50,164 Population
2% Since 2002
$ 41,523 Median Income
33.3 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
853469 Elementary School
853213 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/7/2026 | $999,000 | | Listed Price |
277 Congress Street, Troy, NY, 12180 is a Multi-Family Home for sale at $999,000 with 3,650 sqft and a lot size of 0.12. 277 Congress Street has 11 bedrooms, 4.0 baths, and was built in 1910. The property's zip code is 12180 which is in Troy, NY