$799,000

571-573 1st St Troy, NY 12180

South Troy Neighborhood

Estimated payment $5,099/month

Total Views 1,229
16 Beds
6 Baths
9,006 Sq Ft
$89 Price per Sq Ft

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

Fantastic opportunity to own a turn key, updated 6 unit building. Estimated annual income over $100,000. 4 units are currently rented with stable paying tenants. 2 vacant units in great shape and ready to rent (prior rent was $1500/unit). Renovations completed in 2020 including fabulous kitchens and baths, electrical and rubber roof. State of the art heating systems, washer and dryer hookups for each unit. Sound and fire insulation between apartments. Separate utilities (owner pays electric for one unit which is tied to common area) Off street parking in the rear for 5 cars. Close to Hudson Valley Community College, easy access to highways and on busline. Great condition. A must see property.

Listing Agent

Michael Mascitelli

Nexthome Capital Region License #10311210251 Listed on: 02/19/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,942

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 9,006 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Bathroom on Main Level
  • 6 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Open Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Legal Lot and Block 14.000 / 2
  • Assessor Parcel Number 381700 111.60-2-14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,942

Year Built

Built in 1890

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Directions: 571-573 1st Street, Troy, NY
  • Above Grade Finished Sq Ft: 9006.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.11
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Rental Income: 100200.0
  • Rental Income Description: Yearly
  • Income: 100200.0
  • Income Description: Estimated Annual
  • Number of Dishwashers: 5
  • Unit Information Number Of Dryers: 3
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Unit Information Number Of Washers: 3
  • Subdivision Name: Select One
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile
  • Basement: Full
  • Full Bathrooms: 6
  • Total Bedrooms: 16
  • Living Area: 9006.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 3rd
  • Bathroom Levels Full Bathroom 6: 3rd

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Brick
  • Foundation Details: Stone
  • Waterfront: No

Garage/Parking

  • Open Parking: Yes
  • Total Parking Spaces: 5.0

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Troy

Lot Info

  • Lot Features: Level
  • Parcel #: 381700 111.60-2-14
  • Lot Size Sq Ft: 4791.6

Rental Info

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

Tax Info

  • Tax Annual Amount: 11942.0
  • Tax Block: 2
  • Tax Lot: 14.000

Multi Family

  • Number Of Units Total: 6

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2026 02/19/26 For Sale $799,000 +16.6% $89 / Sq Ft
08/12/2022 08/12/22 Sold $685,000 -8.7% $76 / Sq Ft View Prior Sale
04/25/2022 04/25/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $750,000 -- $83 / Sq Ft
Source: Global MLS

Source: Global MLS

MLS Number: 202612200

Global MLS
New York Rensselaer County Troy 12180 South Troy

571-573 1st St, Troy, NY

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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