12-14 Hutton Street new Save Request In-Person Tour Request Virtual Tour
Troy,NY 12180
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $112
MLS Listing ID 202528318
Bedrooms 12
Full Baths 6
Year Built 1890
Annual Tax Amount $9,179
Lot Size 2,178 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
State NY
County Rensselaer
Zoning Multi Residence
Interior
Heating Forced Air,Natural Gas
Flooring Vinyl,Hardwood
Exterior
Exterior Feature None
Parking Features Off Street
Utilities Available Cable Available
Roof Type Flat,Rubber
Building
Lot Description Level
Sewer Public Sewer
Water Public
Schools
School District Troy
Others
Special Listing Condition Standard