486 1st Ave, Troy, NY 12182

This property is over 2500 square feet, sits on a double-lot, and has direct Hudson river views.It is in an area of Troy characterized by a high percentage of owner-occupied homes. A new roof was installed in 2009. The utilities were separated after purchase, such that each unit has a new furnace, each unit has its own electric meter. The property currently has an annual rent roll of $19,800. Due to the excellent condition of the house, and its location and proximity to the river, the value of this property is higher than those without water views. Imagine waking up to views of the Hudson river!There are two units- an owner's duplex, and a second apartment which is on the second floor(adjacent to the owner's duplex and with a private entrance.) The owner's duplex has 3(or possibly 4) bedrooms and two baths, W/D hookup, and currently rents for $925/month plus utilities(and has rented for that price for 3 years. The rate will likely rise to $950975 over the coming weeks, market rate is likely around $1,000/month.) There is also a huge dry basement accessible from only the owner's unit- great for storage. The second unit has two bedrooms and one bath, a large kitchen, W/D hookup and currently rents for $725/month plus utilities.The asking price is $159,000 and this is for sale by owner. Get it now before I hire a broker and the price goes up to account for the broker's commission. Legal disclaimer: All information above must be verified by the prospective purchaser, no warranties or representations are made by this post.