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 23 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 boarding house, 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.
Active
$2,400,000
171 Hill Street, Troy, NY 12180
23beds
5,488sqft
Multi Family
Built in 1940
-- sqft lot
$2,191,600 Zestimate®
$437/sqft
$-- HOA
What's special
Shared common areasPrivate rooms
- 91 days |
- 248 |
- 3 |
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