261 5th Avenue, Troy, NY 12182

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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.

261 5th Avenue | MLS# 202628218

This multi-family property located at 261 5th Avenue, Troy, NY 12182 is currently listed for sale by Coldwell Banker Prime Properties, with an asking price of $215,000. 5th Avenue is located within the Lansingburgh school district. Search Troy real estate on alex-johnson.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Fireplaces: 1
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.07 Acres
Roof Type: Rubber
Taxes: $3,425
Year Built: 1900

Feature Descriptions

Days on Site: 20
Exterior: Wood Siding
Exterior: None
Fencing: Back Yard
Flooring: Vinyl, Carpet
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Private, Level, Landscaped
Lot Dimensions: 25' x 120'
Parcel #: 381700 90.23-10-6
Parking: None
Patio/Porch: Porch
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 2374
Water: Public

Local Schools

School District: Lansingburgh

Estimate Your Payment

Estimated Payment

$ 826.62 per month $478.50 Principal & Interest $285.42 Property Tax $62.71 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker Prime Properties

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Shown By

Agent Name: Alex Johnson
Agent Phone: (315) 742-4500 Cell

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