22 2nd Ave Troy, NY 12180
Lansingburgh NeighborhoodEstimated payment $4,696/month
Highlights
- No HOA
- Bathroom on Main Level
- Baseboard Heating
About This Home
This 8-unit multi-unit property is an outstanding investment opportunity. The rents for each unit have been brought up to market value, with a high ROI of 12.1% and cap rate of 9.6%. Including many upgrades throughout the building. 2 units are currently available. May 1st, the units will be filled, which will complete the 8 units being fully occupied. Close to public transportation and restaurants.
Listing Agent
Coldwell Banker Prime Properties License #10401325383 Listed on: 04/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,902
Year Built
- Built in 1920
Lot Details
- 4,356 Sq Ft Lot
- Back Yard Fenced
Home Design
- Aluminum Siding
Interior Spaces
- 4,508 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 12 Bedrooms
- Bathroom on Main Level
- 8 Full Bathrooms
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- Electric Baseboard Heater
Community Details
- No Home Owners Association
- 8 Units
Listing and Financial Details
- Legal Lot and Block 28.000 / 2
- Assessor Parcel Number 381700 90.46-2-28
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2025 11/19/25 | Pending | -- | -- | -- | |
| 04/07/2025 04/07/25 | For Sale | $725,000 | +72.6% | $161 / Sq Ft | |
| 07/13/2022 07/13/22 | Sold | $420,000 | -14.3% | $93 / Sq Ft | View Prior Sale |
| 02/16/2022 02/16/22 | Pending | -- | -- | -- | |
| 01/26/2022 01/26/22 | For Sale | $490,000 | +44.1% | $109 / Sq Ft | |
| 06/16/2021 06/16/21 | Sold | $340,000 | -2.9% | $50 / Sq Ft | View Prior Sale |
| 03/11/2021 03/11/21 | Pending | -- | -- | -- | |
| 01/21/2021 01/21/21 | Price Changed | $350,000 | -11.4% | $52 / Sq Ft | |
| 10/07/2020 10/07/20 | For Sale | $395,000 | +83.7% | $58 / Sq Ft | |
| 08/09/2017 08/09/17 | Sold | $215,000 | -14.0% | $32 / Sq Ft | View Prior Sale |
| 06/06/2017 06/06/17 | Pending | -- | -- | -- | |
| 02/07/2017 02/07/17 | For Sale | $249,900 | -- | $37 / Sq Ft |
Source: Global MLS
MLS Number: 202514778