1719 Highland Ave, Troy, NY 12180

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$511,500 Sold Price
Sold on 11/16/2021
 
Listing ID 11031013
Property Type Multi-Unit (5+)
County Rensselaer
Township Troy
Neighborhood RPI
School TROY CITY SCHOOL DISTRICT
Total Tax $12,241
Tax ID 381700 101.72-3-16
FEMA Flood Map fema.gov/portal
Year Built 1890
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JUST LISTED 🔥 RPI 9 Unit

Cash flow, cash flow, cash flow! Investors, here you go. This solid, brick 9-unit apartment building is finally on the market. Very low rents easy to raise! Convenient location walking distance to RPI University; close to bus lines & hospital. 8 spacious 1 bedrooms, and 1 studio. Attract quality tenants with this great building; everyone is paid to date. Separate utilities: tenants pay electric, heat, and hot water. Coin operated laundry in basement for additional income. Huge parking lot to fit ~12+ cars. Sprinkler system in common areas; hardwired smoke detectors; fire escape for all 3 floors. Security cameras. All appliances updated in the last 10 years. Entire building electrical service lines and meters upgraded 2017 (~$10k). Doorbell & buzzer for entry system to each unit.
Property Details
  • 9 Full Baths
  • 5864 SF
  • 0.46 Acres
  • 20038 SF Lot
  • Built in 1890
  • 3 Stories
  • Available 10/16/2021
  • Full Basement
  • Lower Level: Partly Finished
Unit Information
Unit #1 – Rent Price: 600, Bedrooms: 1, Full Baths: 1, Occupied
Unit #2 – Rent Price: 550, Bedrooms: 1, Full Baths: 1, Occupied
Unit #3 – Rent Price: 500, Bedrooms: 1, Full Baths: 1, Occupied
Unit #4 – Rent Price: 600, Bedrooms: 1, Full Baths: 1, Occupied
Unit #5 – Rent Price: 575, Bedrooms: 1, Full Baths: 1, Occupied
Unit #6 – Rent Price: 600, Bedrooms: 1, Full Baths: 1, Occupied
Unit #7 – Rent Price: 575, Bedrooms: 1, Full Baths: 1, Occupied
Unit #8 – Rent Price: 550, Bedrooms: 1, Full Baths: 1, Occupied
Unit #9 – Rent Price: 575, Bedrooms: 1, Full Baths: 1, Occupied
Interior Features
  • Carpet Flooring
  • Laminate Flooring
  • Fire Sprinklers
  • Baseboard
  • Electric Fuel
  • Natural Gas Avail
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Asphalt Shingles Roof
  • Rubber Roof
  • Municipal Water
  • Municipal Sewer
  • City View
  • Near Bus
Community Details
  • Mid-rise (Bldg. Style)
Commercial Info
  • 12 Parking Spaces
Income/Expenses
  • Gross Income $62,500
  • Net Income $30,402
  • Paid by Landlord: Water, Insurance, Ord. Maint., Struct. Maint.
Taxes and Fees
  • $6,088 School Tax
  • $6,153 County Tax
  • $12,241 Total Tax
  • Tax Year 2021
Sale Information
  • Sold on 11/16/2021
  • Sold for $511,500
  • Buyer's Agent: John Mainello
  • Company: Heer Realty
Previously Listed By
KELLER WILLIAMS CAPITAL DISTRICT
Office: 518-560-0050
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