601-603 2nd Avenue
Troy, NY 12182
9
Bed
4
Bath
5,145Sqft
0.09Acre(Lot)
Most investors will walk right past this one. Smart money won't. 4 residential units over two storefronts in Troy's newly designated historic district -- and they need real work, which is exactly where the money is. This isn't turnkey. It's a blank canvas for someone who builds equity instead of paying for it. Already throwing off $3,600/month, with both storefronts untapped. Renovate the units, stabilize the commercial space, and the back-end tells a whole different story. Historic district means character, demand, and upside baked in. The kicker: the seller wants to deal. Cash, owner financing, conventional -- all on the table. Seller-held paper on a value-add like this? Rare. Done buying other people's equity? Let's create yours.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 9Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Has Basement: Yes Basement: Partial -
Heating & Cooling
Has Heating: Yes Heating: Space Heater, Natural Gas
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Building Information
Year Built: 1911 Construction Materials: Brick Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Main Square Feet: 0.09 Acres Lot Size Acres: 0.09 Lot Size Square Feet: 3920.4
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Listing Price Information
Listing Price: $399000
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Tax Information
Parcel Number: 381700 80.47-5-8 Tax Lot: 8.000 Tax Block: 5 Annual Tax: $5740
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Utility Information
Sewer Connected -
Location Information
Direction: 787 to Right on to Ontario (Rte. 470), left on Second Avenue, between 116th and 117th Street. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 319 Speigletown Road, Troy, NY, 12182 | $725,000 | 8 | 6 | 3,720 | 0.32 Acre |
| 889 5th Avenue, Troy, NY, 12182 | $175,000 | 6 | 2 | 2,000 | 0.08 Acre |
| 853 5th Avenue, Troy, NY, 12182 | $265,000 | -- | -- | 3,000 | 0.14 Acre |
| 427 6th Avenue, Troy, NY, 12182 | $270,000 | 6 | 2 | 1,968 | 0.07 Acre |
| 36 112th Street, Troy, NY, 12182 | $239,900 | 4 | 2 | 2,776 | 0.07 Acre |
| 730 3rd Avenue, Troy, NY, 12182 | $314,000 | 9 | 3 | 3,438 | 0.06 Acre |
| 708 3rd Avenue, Troy, NY, 12182 | $150,000 | 4 | 2 | 2,024 | 0.07 Acre |
| 616 Second Avenue, Troy, NY, 12182 | $300,000 | 6 | 7 | 4,770 | 0.07 Acre |
| 9 106th Street, Troy, NY, 12182 | $185,000 | 3 | 2 | 1,680 | 0.03 Acre |
| 462-470 2nd Avenue, Troy, NY, 12182 | $2,400,000 | 18 | 14 | 7,885 | 0.42 Acre |
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ByOwner last updated this listing 09/28/2026 @ 01:44
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