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About This Home
This 27-bedroom, 24-bathroom residential multi family at 171 Hill Street in Troy, NY is listed for $2,700,000 ($492 per sqft). Built in 1940, the home offers 5,488 sqft of living space on a 0.27 acres lot.
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 asset Sold as a package with 177 Hill st(updated 2 family) and adjacent 1 acre parcel fronting Ida st.
Key Features
- Built in 1940
- 0.27 acre lot
- 25 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$14,440/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
171 Hill Street
Troy, NY 12180
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 27-bedroom, 24-bathroom residential multi family at 171 Hill Street is listed at $2,700,000 ($492/sqft). The estimated monthly payment is $11,700 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.27 acre lot, 25 parking spaces. Interior Features: High Speed Internet, Walk-In Closet(s), Built-in Features.
This property is listed by Leon Levy and can be reached at 5187277493 or llevy@bhhsblake.com.