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.
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
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