Janet "Jan" C. Alber
Licensed Associate Broker
REALTOR®
West Sand Lake, NY
Cell: (518) 366-5337 Office: (518) 674-3238 Fax: (518) 477-2156
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556 2nd Street, Troy, NY 12180

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Property Description

Turnkey investment opportunity in the heart of Troy! This multifamily property features major capital improvements already completed by the owner, including a NEW roof and boilers, offering peace of mind & reduced future expenses.Each unit is ideal for renters, featuring spacious floor plans, dishwasher, and in-unit laundry - all highly desirable amenities that enhance everyday living and rental appeal. Total monthly rental income can exceed $2,500 for the building. Both units are currently vacant, offering flexibility for owner occupants or the option to place screened tenants.Conveniently located with easy access to downtown Troy, RPI, shops, restaurants, & major highways. With strong rental demand, solid mechanical updates, and immediate income potential, this is a smart addition to any portfolio.Don't miss the opportunity to own a cash flowing property with minimal expenses & the heavy lifting already done. Property sold as is!

556 2nd Street | MLS# 202611380

This multi-family property located at 556 2nd Street, Troy, NY 12180 is currently listed for sale by Coldwell Banker Prime Properties, with an asking price of $189,999. 2nd Street is located within the Troy school district. Search Troy real estate on jan-alber.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Unfinished
Basement: Yes
Cooling: None
Heating: Baseboard, Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.06 Acres
Roof Type: Flat
Taxes: $3,200
Year Built: 1890

Feature Descriptions

Days on Site: 37
Exterior: None
Exterior: Vinyl Siding
Fencing: Back Yard, Chain Link
Flooring: Vinyl, Tile
Interior: Built-in Features
Laundry: Electric Dryer Hookup, Main Level, Upper Level, Washer Hookup
Lot: Level, Cleared
Parcel #: 381700 111.52-8-19
Parking: None
Sewer: Public Sewer
SQFT Above Grade Finished: 1754
Water: Public

Local Schools

School District: Troy

Estimate Your Payment

Estimated Payment

$ 744.94 per month $422.86 Principal & Interest $266.67 Property Tax $55.42 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(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: Janet "Jan" C. Alber
Agent Phone: (518) 366-5337 Cell

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/12/2026. The listing information on this page last changed on 03/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/12/2026 12:34:36 AM EST) or Global MLS (last updated Thu 03/12/2026 12:22:04 AM EST) or New York State Alliance MLS (last updated Thu 03/12/2026 12:30:33 AM EST) or Hudson Valley Catskill Region MLS (last updated Thu 03/12/2026 12:11:16 AM EST) or OneKey MLS (last updated Thu 03/12/2026 12:28:12 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

C.B. Prime Properties, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.

Homestead Funding Corp. Company NMLS# 3232. Equal Housing Lender. State Licensing Information

Coldwell BankerĀ®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.


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