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Listed by Pierre-Luc Letourneau Leblond • Coldwell Banker Prime Properties

$597,800

Est. payment - /mo

12 Beds

3 Baths

3,172 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,172 sqft

Price per Sqft $188

MLS Listing ID 202624756

Bedrooms 12

Full Baths 3

HOA Y/N No

Year Built 1890

Annual Tax Amount $5,699

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Triplex

Source Global MLS

Property Description

Excellent income-producing 3-family property ideally located within walking distance of Rensselaer Polytechnic Institute (RPI). Currently utilized as student housing, this well-maintained property offers 12 bedrooms and strong rental potential, making it an attractive opportunity for investors looking for a proven money-maker in a highly desirable student rental market. The property features off-street parking for 5-6 vehicles, a newer roof, laundry/storage in the basement, and a well-maintained building that is ready for continued rental use. Its convenient location near RPI, restaurants, shops, and other Troy amenities makes it an appealing option for student tenants. Whether you're looking to expand your investment portfolio or capitalize on the demand for student housing, this property offers an excellent combination of location, bedroom count, parking, and income potential. A rare opportunity, just steps from RPI. Listing agent related to owner.

Location

State NY

County Rensselaer

Direction East on Peoples Avenue, Left on 14th st, house is on the left.

Interior

Interior Features High Speed Internet, Built-in Features, Ceramic Tile Bath, Chair Rail

Heating Forced Air

Flooring Ceramic Tile, Hardwood

Equipment Other

Window Features Blinds

Exterior

Exterior Feature None

Parking Features Paved, Driveway

Utilities Available Cable Connected

Roof Type Asphalt

Porch Front Porch

Building

Lot Description Level

Sewer Public Sewer

Water Public

Schools

School District Troy

Others

Tax ID 381700 101.47-5-8 01

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition Standard

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Nearby Locations

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Sterling Real Estate Group

+1(518) 688-2211

2165 14th Street Troy, NY 12180