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+15188999500
Red Door Realty NY
261 5th Avenue, Troy, NY 12182
- $215,000
- 5
- BD
- 2
- BA
- 2,374
- SqFt
- List Price
- $215,000
- Price Change
- ▼ $14,000 1792782502
- MLS#
- 202628218
- Style
- Traditional
- Bedrooms
- 5
- Bathrooms
- 2
- Subdivision
- Lansingburgh
Property Description
**Live in One, Rent the Other - Let Rental Income Help Offset Your Mortgage!** Why choose between homeownership and investing when you can explore both? 261 5th Avenue is a Troy duplex currently generating $2,550 in gross monthly rental income ($30,600 annually), with the added advantage of tenants paying their own utilities. Both units are occupied on month-to-month leases, offering an established income stream and the opportunity to transition to owner-occupancy. **Two Units. Multiple Opportunities!** Featuring five bedrooms, two bathrooms, approximately 2,374 square feet, and a fully fenced backyard, this property combines everyday living space with income potential. Conveniently located near Downtown Troy's restaurants, shops, waterfront, and the popular Troy Waterfront Farmers Market. **Why Buy a Home When You Can Own an Income-Producing Property?** Schedule your showing today! Minimum 24-hour notice required.
Additional Information
- Taxes
- $3,425
- Acres
- 0.07
- Lot Dimensions
- 25' x 120'
- Lot Description
- Landscaped, Level, Private
- School District
- Lansingburgh
- Fireplaces
- 1
- Heating
- Forced Air
- Exterior Features
- None
- Construction
- Wood Siding
- Roof
- Rubber
- Sewer
- Public Sewer
- Water
- Public
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Listing courtesy of listing agent Lynette Tarrats with Coldwell Banker Prime Properties Brokerage, 518-222-8336.
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