Active
  • $650,000

    12-14 Hutton Street, Troy, NY 12180

    12beds
    5,760sqft
    Multi Family, Apartment
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $113/sqft
    $-- HOA

    What's special

    Plenty of natural lightTall ceilingsSpacious layouts
    Classic brick 6 unit in a convenient Troy location. Each apartment offers two bedrooms and one bath, featuring spacious layouts, tall ceilings, and plenty of natural light. The property maintains full occupancy with a consistent rental history, currently generating an 8% cap rate with rents well below market. Based on projected fair market rents, it has the potential to perform at an impressive 15% cap rate — a true cash-flow opportunity for investors. Separate utilities throughout; tenants pay all utilities except water and sewer, which are covered by the owner. Conveniently located near downtown Troy, local schools, and public transportation.
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