Edward S. Glassberg

171 Hill Street, Troy, NY 12180

New - 2 Hours Ago
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Property Description

Welcome to Hill Street, a unique 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 assetSold as a package with 177 Hill st(updated 2 family) and adjacent 1 acre parcel fronting Ida st.

171 Hill Street | MLS# 202618382

This multi-family property located at 171 Hill Street, Troy, NY 12180 is currently listed for sale with an asking price of $2,700,000. Hill Street is located within the Troy school district. Search Troy real estate on edward-glassberg.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Slab
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Rooming House
Lot Size: 0.27 Acres
Taxes: $16,566
Year Built: 1940

Feature Descriptions

Accessibility: Accessible Kitchen
Exterior: Other, Vinyl Siding
Exterior: Other
Flooring: Carpet, Concrete
Interior: High Speed Internet, Walk-In Closet(s), Built-in Features
Lot: Level, Cleared
Parcel #: 381700 112.21-6-12
Parking: Other, Off Street, Paved
Parking Total: 25
Parking Total: 25
Sewer: Public Sewer
SQFT Above Grade Finished: 5488
Water: Public
Windows: Screens

Local Schools

School District: Troy

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Estimated Payment

$ 8,177.03 per month $6,009.03 Principal & Interest $1,380.50 Property Tax $787.50 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Berkshire Hathaway Home Services Blake
Agency Phone: 1 518-935-2555

Shown By

Agent Name: Edward S. Glassberg
Agent Phone: (315) 427-6956
Agency Title: Coldwell Banker Prime Properties

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