22 2nd Ave Troy, NY 12180
Property details
About 22 2nd Ave
This 8-unit multi-unit property is an outstanding investment opportunity. The rents for each unit have been brought up to market value, with a high ROI of 12.1% and cap rate of 9.6%. Including many upgrades throughout the building. 2 units are currently available. May 1st, the units will be filled, which will complete the 8 units being fully occupied. Close to public transportation and restaurants.
Highlights
Summary
- Full Bathrooms: 8
- Basement: Yes
- Total Bedroom Count: 12
- Exterior: Back Fence, None
- Architectural Style: Apartment 4 Plus Unit
- Heating: Baseboard, Electric, Natural Gas
- List Price: $725,000
- Price/SqFt: $160
- Annual Tax Amount: $10,901
- Tax Year: 2022
- Directions: River St to 101st St
- Year Built: 1920
- Living Area: 4,508 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 202514778
- MLS Name: Global MLS
- Office Name: Coldwell Banker Prime Properties
- Office Phone: (518) 370-2100
- Office Email: shelley.yerdon@coldwellbankerprime.com
- Listing Agent: Bryan Permaul, Mohini Amazalum
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 7/29/2025, 1:40:33 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 |
---|---|---|
Dec 29, 2022 | Home Sold | $420,000 |
Jun 23, 2021 | Home Sold | $340,000 |
Aug 16, 2017 | Home Sold | $215,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $250,000 | $- |
2022 | $250,000 | $10,901 |
2021 | $250,000 | $10,901 |
2020 | $250,000 | $10,943 |
2019 | $250,000 | $5,152 |
2018 | $250,000 | $7,755 |
2017 | $250,000 | $7,655 |
History based on county public records data.
Nearby schools
4
PS 2
Public District PK-5
0.7 mi
•470 10th St
3
Rensselaer Park Elementary School
Public District 3-5
1.0 mi
•70 110th St
6
Van Schaick Island School
Public District PK-5
1.0 mi
•150 Continental 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 $41,000. The most common annual income of people living in Troy, NY is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
Frequently asked questions
About 22 2nd Ave
The listing price of 22 2nd Ave property is $725,000.
The property 22 2nd Ave is a multi located in Troy, New York, 12180.
Active Listing: 22 2nd Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 22 2nd Ave are: PS 2 (GreatSchools Rating 4/10), Rensselaer Park Elementary School (GreatSchools Rating 3/10), Van Schaick Island School (GreatSchools Rating 6/10), Knickerbacker Middle School (GreatSchools Rating 4/10), Cohoes Middle School (GreatSchools Rating 4/10), Troy Middle School (GreatSchools Rating 5/10), Heatly School (GreatSchools Rating 4/10), Lansingburgh Senior High School (GreatSchools Rating 4/10), Troy High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2022 is $10,901 (source: MLS/based on county public records data).
The last sale was on December 29, 2022 for $420,000 (source: MLS/tax record).
The property 22 2nd Ave is 4,508 SqFt (source: MLS/tax record).
The year of construction for 22 2nd Ave is 1920.
This home is located at 22 2nd Ave in Troy, NY and zip code 12180. This 4,508 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $725,000.
In June 2025 more than 27 listings in Troy, NY were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 15 were sold below. The number of homes for sale in Troy, NY decreased by 1.7% between May and June 2025. In June 2025 median list price was $260,000 and the average listing age was 41 days.