171 Hill St Troy, NY 12180
Property details
About 171 Hill St
Welcome to Hill Street, a unique investment package, this well-maintained commercial asset is currently used as a Veterans boarding house 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).
Highlights
Summary
- Full Bathrooms: 24
- Basement: Yes
- Flooring Type: Carpet, Concrete
- Interior: High Speed Internet, Walk-In Closet(s), Built-in Features
- Total Bedroom Count: 23
- Attached Garage: No
- Parking: Other, Off Street, Paved
- Exterior: Other
- Architectural Style: Rooming House
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $2,400,000
- Price/SqFt: $437
- Annual Tax Amount: $9,966
- Tax Year: 2022
- Lot: Level, Cleared
- Directions: Spring Ave to Hill Street. Property on the left
- Year Built: 1940
- Living Area: 5,488 SqFt
- Lot Size: 0.27 Acres
- MLS Number: 202521196
- MLS Name: Global MLS
- Office Name: Berkshire Hathaway Home Services Blake, Berkshire Hathaway HomeServices Blake, REALTORS
- Office Email: rclark@bhhsblake.com
- Listing Agent: Leon Levy, Lindsay Carr
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Last updated on: 7/30/2025, 7:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 24, 2014 | Home Sold | $140,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $220,000 | $- |
| 2022 | $220,000 | $9,966 |
| 2021 | $220,000 | $9,966 |
| 2020 | $220,000 | $9,974 |
| 2019 | $220,000 | $5,066 |
| 2018 | $220,000 | $7,195 |
| 2017 | $220,000 | $7,163 |
History based on county public records data.
Nearby schools
4
Carroll Hill School
Public District KG-5
0.7 mi
•112 Delaware Ave
6
PS 14
Public District PK-5
1.1 mi
•1700 Tibbits Ave
6
PS 16
Public District KG-5
1.2 mi
•40 Collins Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,563. Most Troy, NY residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
Pro Boxing
Extreme Sports
Where do the neighbors shop?
Forever 21
Burlington
Sam's Club
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
White Castle
What do the neighbors drive?
Mazda
Dodge
Oldsmobile
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Rock
Frequently asked questions
About 171 Hill St
The listing price of 171 Hill St property is $2,400,000.
The property 171 Hill St is a multi located in Troy, New York, 12180.
Active Listing: 171 Hill St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 171 Hill St are: Carroll Hill School (GreatSchools Rating 4/10), PS 14 (GreatSchools Rating 6/10), PS 16 (GreatSchools Rating 6/10), Troy Middle School (GreatSchools Rating 5/10), Knickerbacker Middle School (GreatSchools Rating 4/10), Menands School (GreatSchools Rating 5/10), True North Troy Preparatory Charter School (GreatSchools Rating 4/10), Troy High School (GreatSchools Rating 4/10), Watervliet High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2022 is $9,966 (source: MLS/based on county public records data).
The last sale was on September 24, 2014 for $140,000 (source: MLS/tax record).
The property 171 Hill St is 5,488 SqFt (source: MLS/tax record).
The year of construction for 171 Hill St is 1940.
This home is located at 171 Hill St in Troy, NY and zip code 12180. This 5,488 square foot home, which was built in 1940, sits on a 0.27 acre lot. Features: 23 bedrooms, 24 bathrooms. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $2,400,000.
Over 27 listings were sold over their listed price in June 2025 in Troy, NY. In the same period over 15 listings were sold below the listed price and 11 listings were sold for the listed price. The inventory of homes for sale in Troy, NY between May and June 2025 decreased by 1.7%. While the average time on the market in June 2025 was 41 days, the median list price was $260,000.