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
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/7/2025, 3:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
22 2nd Ave
$8,609
closing credit¹
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0.5% sale price²
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 majority of Troy, NY residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
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?
Pro Boxing
Soccer
Extreme Sports
Where do the neighbors shop?
Burlington
Forever 21
Sam's Club
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
White Castle
What do the neighbors drive?
Dodge
Mazda
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Rock
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.
While more than 21 listings in Troy, NY in April 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 22 were sold below. The inventory of homes for sale in Troy, NY between March and April 2025 decreased by 6.3%. While the average time on the market in April 2025 was 24 days, the median list price was $255,634.