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 with an asking price of $215,000. 5th Avenue is located within the Lansingburgh school district. Search Troy real estate on christine-oshaughnessy.timberlandproperties.com today.
Gallery
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
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261 5th Avenue, Troy, NY 12182
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Estimated Payment
$ 826.62 per month $478.50 Principal & Interest $285.42 Property Tax $62.71 Homeowner's InsuranceChange Payment Information
Demographics
Listed By / Shown By
Listing By
Agency Name: Coldwell Banker Prime Properties
Agency Phone: 1 518-439-9600
Shown By
Agent Name: Christine C. O'Shaughnessy
Agent Phone: (607) 287-0424 Cell
Agency Title: Timberland Properties
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261 5th Avenue, Troy, NY 12182
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Christine C. O'Shaughnessy Licensed Real Estate Salesperson
Office: (845) 586-3321
Cell: (607) 287-0424
Direct: (845) 586-3321 ext. Ext17
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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.
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