$1,650,000

Estimated payment $11,264/month

Total Views 8,112
46 Beds
17 Baths
16,761 Sq Ft
$98 Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Bathroom on Main Level
  • Baseboard Heating
  • No HOA
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

17-unit multifamily portfolio located in South Troy consisting of three buildings and a separate vacant parcel with development potential. The unit mix includes twelve 3-bedroom units, four 2-bedroom units, and one 1-bedroom unit (45 total bedrooms). Approximately 75% of units have seen updates over the past ~2.5 years. Of the five vacant units, three are rent-ready and two are in the process of being turned over. Utilities are separately metered. The 4th St buildings also have separately metered water and sewer, providing the option to pass these expenses through to tenants. The portfolio includes a shared parking area and on-site laundry for tenant convenience. Zoned MU-1, the vacant parcel offers additional flexibility for future development (buyer to verify). Offered as a portfolio.

Listing Agent

Jerid Meagan

Principles 2019 LLC License #10491209223 Listed on: 04/09/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,916

Year Built

  • Built in 1910

Lot Details

  • 21,780 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Slab Foundation
  • Rubber Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 16,761 Sq Ft Home
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 46 Bedrooms
  • Bathroom on Main Level
  • 17 Full Bathrooms

Parking

  • 13 Parking Spaces
  • Open Parking

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2.000 / 9
  • Assessor Parcel Number 381700 111.52-9-2

Community Details

Overview

  • No Home Owners Association
  • 17 Units

Building Details

  • Insurance Expense $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,916

Year Built

Built in 1910

Lot Details

0.5 Acres

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Directions: GPS
  • Above Grade Finished Sq Ft: 16761.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 16202.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 14713.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.5
  • Insurance Expense Description: Estimated
  • Water Sewer Expense Description: Estimated
  • Rental Income: 279900.0
  • Rental Income Description: Estimated
  • Income: 288297.0
  • Income Description: Estimated
  • Unit Information Number Of Dryers: 2
  • Number of Refrigerators: 17
  • Unit Information Number Of Stoves: 17
  • Unit Information Number Of Washers: 2
  • Subdivision Name: Select One
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Vinyl
  • Basement: Unfinished, Exterior Entry
  • Full Bathrooms: 17
  • Total Bedrooms: 46
  • Living Area: 16761.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 10: 2nd
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 1st
  • Bathroom Levels Full Bathroom 5: 1st
  • Bathroom Levels Full Bathroom 6: 1st
  • Bathroom Levels Full Bathroom 7: 1st
  • Bathroom Levels Full Bathroom 8: 1st
  • Bathroom Levels Full Bathroom 9: 1st

Exterior Features

  • Exterior Features: Other
  • Roof: Rubber
  • Construction Type: Block, Brick, Vinyl Siding
  • Foundation Details: Slab, Brick/Mortar, Stone
  • Waterfront: No

Garage/Parking

  • Open Parking: Yes
  • Total Parking Spaces: 13.0

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Heating: Baseboard, Forced Air, Hot Water
  • Water Source: Public
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Fee Information

  • Annual Water Sewer Expense: 12000.0

Schools

  • Junior High Dist: Troy

Lot Info

  • Lot Features: Other
  • Parcel #: 381700 111.52-9-2
  • Lot Size Sq Ft: 21780.0

Rental Info

  • Tenant Pays: Gas, Internet, Cable TV, Electricity, Heat, Hot Water

Multi Family

  • Insurance Expense: 10000.0
  • Number Of Units Total: 17

Tax Info

  • Tax Annual Amount: 30916.0
  • Tax Block: 9
  • Tax Lot: 2.000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,509 $225,000 $25,300 $199,700
2024 $10,509 $225,000 $25,300 $199,700
2023 $7,652 $225,000 $25,300 $199,700
2022 $10,193 $225,000 $25,300 $199,700
2021 $2,562 $225,000 $25,300 $199,700
2020 $5,182 $225,000 $25,300 $199,700
2019 $7,359 $225,000 $25,300 $199,700
2018 $7,359 $225,000 $25,300 $199,700
2017 $7,326 $225,000 $25,300 $199,700
2016 $9,683 $225,000 $25,300 $199,700
2015 -- $225,000 $25,300 $199,700
2014 -- $225,000 $25,300 $199,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2026 04/09/26 For Sale $1,650,000 -- $98 / Sq Ft
Source: Global MLS

Source: Global MLS

MLS Number: 202614769

Global MLS
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