556 2nd St Troy, NY 12180
South Troy NeighborhoodEstimated payment $1,244/month
Highlights
- Traditional Architecture
- Built-In Features
- Tile Flooring
- No HOA
- Bathroom on Main Level
- Forced Air Heating System
About This Home
Turnkey investment opportunity in the heart of Troy! This multifamily property features major capital improvements already completed by the owner, including a NEW roof and boilers, offering peace of mind & reduced future expenses. Each unit is ideal for renters, featuring spacious floor plans, dishwasher, and in-unit laundry - all highly desirable amenities that enhance everyday living and rental appeal. Total monthly rental income can exceed $2,500 for the building. Both units are currently vacant, offering flexibility for owner occupants or the option to place screened tenants. Conveniently located with easy access to downtown Troy, RPI, shops, restaurants, & major highways. With strong rental demand, solid mechanical updates, and immediate income potential, this is a smart addition to any portfolio. Don't miss the opportunity to own a cash flowing property with minimal expenses & the heavy lifting already done. Property sold as is!
Listing Agent
Coldwell Banker Prime Properties License #10401360887 Listed on: 02/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,200
Year Built
- Built in 1890
Lot Details
- 2,614 Sq Ft Lot
- Back Yard Fenced
- Chain Link Fence
- Level Lot
- Cleared Lot
Home Design
- Duplex
- Traditional Architecture
- Flat Roof Shape
- Vinyl Siding
Interior Spaces
- 1,754 Sq Ft Home
- Built-In Features
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Forced Air Heating System
- Baseboard Heating
Community Details
- No Home Owners Association
- Association fees include sewer
Listing and Financial Details
- The owner pays for snow removal, trash collection, garage fees, water
- Legal Lot and Block 19.000 / 8
- Assessor Parcel Number 381700 111.52-8-19
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $4,052 | $60,000 | $8,400 | $51,600 |
| 2023 | $6,097 | $60,000 | $8,400 | $51,600 |
| 2022 | $3,893 | $60,000 | $8,400 | $51,600 |
| 2021 | $1,069 | $60,000 | $8,400 | $51,600 |
| 2020 | $1,382 | $60,000 | $8,400 | $51,600 |
| 2019 | $3,043 | $60,000 | $8,400 | $51,600 |
| 2018 | $3,043 | $60,000 | $8,400 | $51,600 |
| 2017 | $1,954 | $60,000 | $8,400 | $51,600 |
| 2016 | $2,274 | $60,000 | $8,400 | $51,600 |
| 2015 | -- | $60,000 | $8,400 | $51,600 |
| 2014 | -- | $60,000 | $8,400 | $51,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/11/2026 03/11/26 | Price Changed | $189,999 | -5.0% | $108 / Sq Ft | |
| 02/10/2026 02/10/26 | Price Changed | $199,999 | -4.8% | $114 / Sq Ft | |
| 02/02/2026 02/02/26 | For Sale | $210,000 | +55.6% | $120 / Sq Ft | |
| 01/16/2024 01/16/24 | Sold | $135,000 | +12.6% | $77 / Sq Ft | View Prior Sale |
| 11/06/2023 11/06/23 | Pending | -- | -- | -- | |
| 11/03/2023 11/03/23 | For Sale | $119,900 | +1398.8% | $68 / Sq Ft | |
| 04/05/2016 04/05/16 | Sold | $8,000 | -59.8% | $5 / Sq Ft | View Prior Sale |
| 03/03/2016 03/03/16 | Pending | -- | -- | -- | |
| 02/28/2016 02/28/16 | Price Changed | $19,900 | -54.8% | $11 / Sq Ft | |
| 04/03/2015 04/03/15 | For Sale | $44,000 | -- | $25 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $135,000 | None Available | |
| Warranty Deed | $135,000 | None Available | |
| Warranty Deed | $135,000 | None Available | |
| Warranty Deed | $135,000 | None Available | |
| Deed | $8,000 | Antony, Jr. Arcodia | |
| Deed | $8,000 | Antony, Jr. Arcodia |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $104,800 | New Conventional |
Source: Global MLS
MLS Number: 202611380
APN: 1700-111.52-8-19
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Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
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