Reddoorrealtyny.com Search Results

$525,000

Welcome to ''The House of Troy'' - a one-of-a-kind opportunity that's as charming as it is profitable! Currently operating as a highly successful turnkey Airbnb with 100% 5-star review ratings and a proven book of business, this beautifully renovated home is being offered fully furnished, making it the perfect investment for anyone looking to step into the short-term rental market from day one. Prefer a place to call home? You'll fall in love with its character, warmth, and thoughtfully designed spaces. Located on Troy's desirable East Side, just 7 miles from Albany, this stunning 3-4 bedroom, 1.5-bath home seamlessly blends historic charm with modern updates. Recent improvements include a new roof, updated electrical and plumbing, a modern kitchen, central air, central heating, and more, offering peace of mind while preserving the home's timeless appeal. Inside you'll find 9-foot ceilings, over 3,000 sq ft, hardwood floors, spacious bedrooms with oversized closets, a cozy wood-burning fireplace, and a finished third-floor bonus space perfect for a home office, guest suite, or additional living area. Step outside and discover your own private backyard retreat. The fully fenced yard is designed for entertaining and relaxing with a stamped concrete patio, pergola, furnished outdoor living areas, multiple dining spaces, gas grill, wood-burning fire pit, hammock, basketball hoop, & a covered front porch. The showstopper is the glam camper, complete with a skylight, creating a truly unforgettable guest experience or your own private escape. A shed with a dedicated workspace adds even more versatility. Additional features include Smart TVs, antique & eclectic furnishings, a six-person dining area, gas range, dishwasher, microwave, washer and dryer, keyless entry, security cameras, driveway and street parking, and every detail needed to continue operating as a thriving Airbnb. The House of Troy is an opportunity you won't want to miss!

4 Beds ⋅ 2 Baths ⋅ 202621488 MLS

Welcome to ''The House of Troy'' - a one-of-a-kind opportunity that's as charming as it is profitable! Currently operating as a highly successful turnkey Airbnb with 100% 5-star review ratings and a proven book of business, this beautifully renovated home is being offered fully furnished, making it the perfect investment for anyone looking to step into the short-term rental market from day one. Prefer a place to call home? You'll fall in love with its character, warmth, and thoughtfully designed spaces. Located on Troy's desirable East Side, just 7 miles from Albany, this stunning 3-4 bedroom, 1.5-bath home seamlessly blends historic charm with modern updates. Recent improvements include a new roof, updated electrical and plumbing, a modern kitchen, central air, central heating, and more, offering peace of mind while preserving the home's timeless appeal. Inside you'll find 9-foot ceilings, over 3,000 sq ft, hardwood floors, spacious bedrooms with oversized closets, a cozy wood-burning fireplace, and a finished third-floor bonus space perfect for a home office, guest suite, or additional living area. Step outside and discover your own private backyard retreat. The fully fenced yard is designed for entertaining and relaxing with a stamped concrete patio, pergola, furnished outdoor living areas, multiple dining spaces, gas grill, wood-burning fire pit, hammock, basketball hoop, & a covered front porch. The showstopper is the glam camper, complete with a skylight, creating a truly unforgettable guest experience or your own private escape. A shed with a dedicated workspace adds even more versatility. Additional features include Smart TVs, antique & eclectic furnishings, a six-person dining area, gas range, dishwasher, microwave, washer and dryer, keyless entry, security cameras, driveway and street parking, and every detail needed to continue operating as a thriving Airbnb. The House of Troy is an opportunity you won't want to miss!

8 Alder Avenue

$2,995,000

Exceptional institutional campus and redevelopment opportunity in the heart of Troy. Situated on approximately 1.59 acres, this landmark property features over 72,000 SF (100,000+ SF including additions and outbuildings). Currently configured as a private educational facility, it is well suited for continued school, educational, religious, nonprofit, healthcare, municipal, or other institutional uses. The property also offers outstanding adaptive reuse potential for apartments, student housing, senior housing, mixed-use, or other residential redevelopment (subject to approvals). Featuring high ceilings, an elevator, flexible floor plans, and timeless brick architecture, this is a rare opportunity to acquire one of the Capital Region's most significant institutional properties.

202621359 MLS

Exceptional institutional campus and redevelopment opportunity in the heart of Troy. Situated on approximately 1.59 acres, this landmark property features over 72,000 SF (100,000+ SF including additions and outbuildings). Currently configured as a private educational facility, it is well suited for continued school, educational, religious, nonprofit, healthcare, municipal, or other institutional uses. The property also offers outstanding adaptive reuse potential for apartments, student housing, senior housing, mixed-use, or other residential redevelopment (subject to approvals). Featuring high ceilings, an elevator, flexible floor plans, and timeless brick architecture, this is a rare opportunity to acquire one of the Capital Region's most significant institutional properties.

192 9th Street

$364,900

This well-maintained building features updated electrical, PEX plumbing, tankless water heaters, high-efficiency gas forced-air heating systems, updated flooring, fixtures, appliances, insulation, sheetrock, and trim throughout. The second-floor unit offers attractive skylights, while tenants enjoy access to a shared laundry room with coin-operated washers and dryers. Additional features include a sump pump, fully fenced backyard, deck, and storage shed. Professionally maintained with all required permits and fire safety systems in place. Conveniently located near shopping, dining, public transportation, and major roadways. A turnkey investment with immediate rental income, strong occupancy history, and long-term upside. Excellent Condition.

8 Beds ⋅ 4 Baths ⋅ 202620327 MLS

This well-maintained building features updated electrical, PEX plumbing, tankless water heaters, high-efficiency gas forced-air heating systems, updated flooring, fixtures, appliances, insulation, sheetrock, and trim throughout. The second-floor unit offers attractive skylights, while tenants enjoy access to a shared laundry room with coin-operated washers and dryers. Additional features include a sump pump, fully fenced backyard, deck, and storage shed. Professionally maintained with all required permits and fire safety systems in place. Conveniently located near shopping, dining, public transportation, and major roadways. A turnkey investment with immediate rental income, strong occupancy history, and long-term upside. Excellent Condition.

421 4th Street

$329,900

Charming and well-maintained two-family home located on Troy's desirable East Side! This move-in ready property presents an excellent opportunity for both owner-occupants looking to offset their mortgage with rental income and investors seeking a strong addition to their portfolio. Currently generating just under $3,000 per month in rental income, with the potential to increase cash flow even further. Each spacious unit features two bedrooms, one full bathroom, updated kitchens and bathrooms, and unique two-story living layouts. The first unit also offers a welcoming foyer, formal dining room, and comfortable living room. Additional highlights include separate utilities, shared laundry, and off-street parking. Recent improvements provide added peace of mind, including a new main gas line (2026), roof and water heaters (2024), updated electrical system and panel (2024), electronic security key system (2025), and a new deck (2024). Conveniently located just minutes from I-787, Hudson Valley Community College, shopping, restaurants, and downtown Troy, this turnkey property combines character, convenience, and strong income potential. Don't miss your chance to own this fantastic two-family home!

4 Beds ⋅ 2 Baths ⋅ 202618674 MLS

Charming and well-maintained two-family home located on Troy's desirable East Side! This move-in ready property presents an excellent opportunity for both owner-occupants looking to offset their mortgage with rental income and investors seeking a strong addition to their portfolio. Currently generating just under $3,000 per month in rental income, with the potential to increase cash flow even further. Each spacious unit features two bedrooms, one full bathroom, updated kitchens and bathrooms, and unique two-story living layouts. The first unit also offers a welcoming foyer, formal dining room, and comfortable living room. Additional highlights include separate utilities, shared laundry, and off-street parking. Recent improvements provide added peace of mind, including a new main gas line (2026), roof and water heaters (2024), updated electrical system and panel (2024), electronic security key system (2025), and a new deck (2024). Conveniently located just minutes from I-787, Hudson Valley Community College, shopping, restaurants, and downtown Troy, this turnkey property combines character, convenience, and strong income potential. Don't miss your chance to own this fantastic two-family home!

190 Spring Avenue

$2,700,000

Welcome to Hill Street, a unique commercial investment package, this well-maintained commercial asset is currently used as Veterans community living(but not exclusively for veterans)which provides a rare opportunity to own a high-performing investment in a growing area. The primary property features 22 private rooms, each with its own bathroom, providing privacy and comfort for residents. Shared common areas create a welcoming, community-oriented environment that supports long-term tenancy. Included in the sale is a two-unit residential property located next door - ideal for staff housing, additional rental income, or future redevelopment. Included is a vacant lot directly behind the facility, offering space for potential expansion, additional parking, or new development (buyer to verify zoning). Please note that taxes are a fraction when compared to other real estate holdings of similar value. Additionally ,landlord-tenant laws regarding eviction if, necessary , do not apply to this type of asset Sold as a package with 177 Hill st(updated 2 family) and adjacent 1 acre parcel fronting Ida st.

27 Beds ⋅ 24 Baths ⋅ 202618382 MLS

Welcome to Hill Street, a unique commercial investment package, this well-maintained commercial asset is currently used as Veterans community living(but not exclusively for veterans)which provides a rare opportunity to own a high-performing investment in a growing area. The primary property features 22 private rooms, each with its own bathroom, providing privacy and comfort for residents. Shared common areas create a welcoming, community-oriented environment that supports long-term tenancy. Included in the sale is a two-unit residential property located next door - ideal for staff housing, additional rental income, or future redevelopment. Included is a vacant lot directly behind the facility, offering space for potential expansion, additional parking, or new development (buyer to verify zoning). Please note that taxes are a fraction when compared to other real estate holdings of similar value. Additionally ,landlord-tenant laws regarding eviction if, necessary , do not apply to this type of asset Sold as a package with 177 Hill st(updated 2 family) and adjacent 1 acre parcel fronting Ida st.

171 Hill Street

$190,000

Up and down duplex in a great Troy location! 1st floor unit features 1 bedroom and 1 full bath. Spacious 2nd floor unit offers 2 bedrooms, 1.5 baths, and a multi level layout. Large units with plenty of space throughout. Conveniently located right on the bus line. Private fenced in backyard. Flood insurance required. Best of all, the existing FHA mortgage is assumable at an incredible 3.25% interest rate. Amazing opportunity for an owner occupant or investor! Schedule your private walkthrough today.

3 Beds ⋅ 3 Baths ⋅ 202617999 MLS

Up and down duplex in a great Troy location! 1st floor unit features 1 bedroom and 1 full bath. Spacious 2nd floor unit offers 2 bedrooms, 1.5 baths, and a multi level layout. Large units with plenty of space throughout. Conveniently located right on the bus line. Private fenced in backyard. Flood insurance required. Best of all, the existing FHA mortgage is assumable at an incredible 3.25% interest rate. Amazing opportunity for an owner occupant or investor! Schedule your private walkthrough today.

715 2nd Avenue

$389,900

Property generates cash, building is rock solid! Add to your portfolio; third floor has upside for rent increase. Monthly income $4,100. More pictures to come

9 Beds ⋅ 3 Baths ⋅ 202616024 MLS

Property generates cash, building is rock solid! Add to your portfolio; third floor has upside for rent increase. Monthly income $4,100. More pictures to come

415 3rd Street

$274,900

Great RPI Rental neighborhood Jacob & 14th area! This simple to maintain 2 Family has always been rented and has new leases at $1450 month plus tenants pay gas and electric thru June 30, 2027. First & Second floor units are currently 2 bedrooms w/office/study each. Nice entry level 1st time RPI Investor property or nice addition to any current RPI Investor Portfolio!

4 Beds ⋅ 2 Baths ⋅ 202615857 MLS

Great RPI Rental neighborhood Jacob & 14th area! This simple to maintain 2 Family has always been rented and has new leases at $1450 month plus tenants pay gas and electric thru June 30, 2027. First & Second floor units are currently 2 bedrooms w/office/study each. Nice entry level 1st time RPI Investor property or nice addition to any current RPI Investor Portfolio!

2204 14th Street

$259,900

Classic brick 3-unit property in a convenient Troy location. Completely vacant and ready for the next owner to get market rents. Features include big newer windows, updated mechanicals, and efficient mini-split systems in Units 2 and 3. A solid choice for both investors seeking reliable cash flow and buyers looking to live in one unit while building wealth. Separate utilities throughout! Schedule your private walkthrough today.

8 Beds ⋅ 3 Baths ⋅ 202615655 MLS

Classic brick 3-unit property in a convenient Troy location. Completely vacant and ready for the next owner to get market rents. Features include big newer windows, updated mechanicals, and efficient mini-split systems in Units 2 and 3. A solid choice for both investors seeking reliable cash flow and buyers looking to live in one unit while building wealth. Separate utilities throughout! Schedule your private walkthrough today.

486 4th Street

$334,900

Welcome to this rejuvenated two-family in the heart of the Hoosick St corridor. This property has been totally remodeled with sparkling kitchens with new appliances including a dishwasher and soft close drawers and quartz countertops. Bathrooms have been updated and new flooring added. In unit washer and dryer means you don't have to haul your clothes to the basement or laundromat. Off street parking available in the back along with a small yard. Property is ideal for an owner-occupant or investor with the first floor vacant and ready to move in. AirBnB possibility or long-term rental.

6 Beds ⋅ 2 Baths ⋅ 202615326 MLS

Welcome to this rejuvenated two-family in the heart of the Hoosick St corridor. This property has been totally remodeled with sparkling kitchens with new appliances including a dishwasher and soft close drawers and quartz countertops. Bathrooms have been updated and new flooring added. In unit washer and dryer means you don't have to haul your clothes to the basement or laundromat. Off street parking available in the back along with a small yard. Property is ideal for an owner-occupant or investor with the first floor vacant and ready to move in. AirBnB possibility or long-term rental.

169 Hoosick Street

$399,000

Spacious and solid investment opportunity offering over 4,200 sq. ft. of living space. Built in 1880 and thoughtfully maintained, this brick three-family property features a total of 8 bedrooms, 2 additional office spaces and three full bathrooms, making it ideal for investors or owner-occupants looking for rental income. Each unit is generously sized, providing comfortable living with high ceilings and each unit has 2 decorative fireplaces. Many windows are newer replacement windows. Brand new roof in 2026!! A covered patio in the back yard and a 2 car garage with door opener and Siemens car charger complete this rare opportunity!

8 Beds ⋅ 3 Baths ⋅ 202615023 MLS

Spacious and solid investment opportunity offering over 4,200 sq. ft. of living space. Built in 1880 and thoughtfully maintained, this brick three-family property features a total of 8 bedrooms, 2 additional office spaces and three full bathrooms, making it ideal for investors or owner-occupants looking for rental income. Each unit is generously sized, providing comfortable living with high ceilings and each unit has 2 decorative fireplaces. Many windows are newer replacement windows. Brand new roof in 2026!! A covered patio in the back yard and a 2 car garage with door opener and Siemens car charger complete this rare opportunity!

1040 5th Avenue

$1,625,000

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.

46 Beds ⋅ 17 Baths ⋅ 202614769 MLS

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.

38 Tyler Street

$524,000

Welcome to 276 3rd Street, a Five unit multi-family opportunity in the heart of Little Italy in Troy. Each unit has separate utilities, allowing for simplified management and cleaner expense allocation. For sure a solid addition to an investment portfolio with strong fundamentals and long term potential. All units are configured as 2 bed, 1 bath, a unit mix that is typically easier to lease and appeals to a wide range of tenants. The property also presents value-add potential for investors looking to make improvements over time while working toward stabilization. The combination of separate utilities and consistent unit configuration provides operational flexibility. 276 3rd St is just around the corner from the beloved DeFazio's Pizzeria, a destination that draws consistent activity to the area. Residents also benefit from close proximity to downtown Troy's restaurants, shops, farmers market, and entertainment options, plus convenient access to major roadways for commuting. As an added opportunity, this property is part of a 14-unit investment portfolio, with all buildings located within close walking distance. All units across the portfolio feature separate utilities, allowing for simplified management and cleaner expense allocation. The portfolio is being offered together for $1,534,000, presenting a rare opportunity for investors to acquire multiple assets in one concentrated location, supporting operational efficiency and streamlined management. Additional properties included in this portfolio are listed below. 308 4th Street (3 Units) 278-280 4th Street (6 Units)

10 Beds ⋅ 5 Baths ⋅ 202614105 MLS

Welcome to 276 3rd Street, a Five unit multi-family opportunity in the heart of Little Italy in Troy. Each unit has separate utilities, allowing for simplified management and cleaner expense allocation. For sure a solid addition to an investment portfolio with strong fundamentals and long term potential. All units are configured as 2 bed, 1 bath, a unit mix that is typically easier to lease and appeals to a wide range of tenants. The property also presents value-add potential for investors looking to make improvements over time while working toward stabilization. The combination of separate utilities and consistent unit configuration provides operational flexibility. 276 3rd St is just around the corner from the beloved DeFazio's Pizzeria, a destination that draws consistent activity to the area. Residents also benefit from close proximity to downtown Troy's restaurants, shops, farmers market, and entertainment options, plus convenient access to major roadways for commuting. As an added opportunity, this property is part of a 14-unit investment portfolio, with all buildings located within close walking distance. All units across the portfolio feature separate utilities, allowing for simplified management and cleaner expense allocation. The portfolio is being offered together for $1,534,000, presenting a rare opportunity for investors to acquire multiple assets in one concentrated location, supporting operational efficiency and streamlined management. Additional properties included in this portfolio are listed below. 308 4th Street (3 Units) 278-280 4th Street (6 Units)

276 3rd Street

$372,000

Welcome to 304 4th Street, a well positioned triplex offering a strong opportunity for both investors and owner-occupants , only a few blocks from downtown Troy. This three unit property features separate utilities, making management straightforward and expenses easier to allocate, an attractive setup for portfolio investors seeking scalable assets. Each unit provides practical layouts with solid rental potential, while the overall configuration also makes this an excellent option for owner-occupied living, live in one unit and offset your mortgage with rental income from the others. 308 4th St is just around the corner from the beloved DeFazio's Pizzeria, a destination that draws consistent activity to the area. Residents also benefit from close proximity to downtown Troy's restaurants, shops, farmers market, and entertainment options, plus convenient access to major roadways for commuting. Highlights: - Ideal for investors or owner-occupants - Separate utilities for each unit - Potential for value-add improvements and increased rents - Convenient location. As an added opportunity, this property is part of a 14-unit investment portfolio, with all buildings located within close walking distance. All units across the portfolio feature separate utilities, allowing for simplified management and cleaner expense allocation. The portfolio is being offered together for $1,534,000, presenting a rare opportunity for investors to acquire multiple assets in one concentrated location, supporting operational efficiency and streamlined management. Additional properties included in this portfolio are listed below. 278-280 4th Street (6 Units) 276 3rd Street (5 Units)

7 Beds ⋅ 3 Baths ⋅ 202614060 MLS

Welcome to 304 4th Street, a well positioned triplex offering a strong opportunity for both investors and owner-occupants , only a few blocks from downtown Troy. This three unit property features separate utilities, making management straightforward and expenses easier to allocate, an attractive setup for portfolio investors seeking scalable assets. Each unit provides practical layouts with solid rental potential, while the overall configuration also makes this an excellent option for owner-occupied living, live in one unit and offset your mortgage with rental income from the others. 308 4th St is just around the corner from the beloved DeFazio's Pizzeria, a destination that draws consistent activity to the area. Residents also benefit from close proximity to downtown Troy's restaurants, shops, farmers market, and entertainment options, plus convenient access to major roadways for commuting. Highlights: - Ideal for investors or owner-occupants - Separate utilities for each unit - Potential for value-add improvements and increased rents - Convenient location. As an added opportunity, this property is part of a 14-unit investment portfolio, with all buildings located within close walking distance. All units across the portfolio feature separate utilities, allowing for simplified management and cleaner expense allocation. The portfolio is being offered together for $1,534,000, presenting a rare opportunity for investors to acquire multiple assets in one concentrated location, supporting operational efficiency and streamlined management. Additional properties included in this portfolio are listed below. 278-280 4th Street (6 Units) 276 3rd Street (5 Units)

308 4th Street

$630,000

Discover an excellent opportunity at 23-25 Prospect Ave, a fully occupied four-unit building offering immediate, reliable cash flow. This well-maintained property features a new roof, updated essentials, and strong rental history ideal for hands-off ownership. Located just minutes from RPI, the building is perfectly positioned for continued long-term tenants or future student rental potential. A rare chance to own a ready-to-go, income-producing asset in one of Troy's most desirable and high-demand areas! Can be sold with 319 Speigletown Rd, and 1105 Hutton Street Troy NY.

7 Beds ⋅ 4 Baths ⋅ 202526505 MLS

Discover an excellent opportunity at 23-25 Prospect Ave, a fully occupied four-unit building offering immediate, reliable cash flow. This well-maintained property features a new roof, updated essentials, and strong rental history ideal for hands-off ownership. Located just minutes from RPI, the building is perfectly positioned for continued long-term tenants or future student rental potential. A rare chance to own a ready-to-go, income-producing asset in one of Troy's most desirable and high-demand areas! Can be sold with 319 Speigletown Rd, and 1105 Hutton Street Troy NY.

23-25 Prospect Avenue