Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 7-bedroom, 2-bathroom residential multi family at 124 Mountainview Avenue in Troy, NY is listed for $265,000 ($133 per sqft). Built in 1890, the home offers 2,000 sqft of living space on a 0.13 acres lot.
INCOME-PRODUCING DUPLEX - VALUE-ADD OPPORTUNITY Excellent opportunity for investors seeking strong rental potential in the Averill Park School District. This 2-family duplex offers 2,000 sq ft with 7 bedrooms and 2 full baths with current cap rate of 10 % and net income cap rate of 12.7%.
Each unit features large living room. The first-floor unit includes 3 bedrooms one bath ideal for increased rent or home-office demand. The second-floor unit offers 4 bedrooms one bath. Unfinished basement provides storage and future value-add potential.
Situated on a 5,663 sq ft lot with a fenced backyard, 2-car garage, and additional off-street parking features tenants value. Vinyl siding, forced air and baseboard heating separate natural gas and electric. Property an ideal value-add investment with upside through upgrades, rent increases. Convenient location near schools, shopping, and major routes.
Key Features
- Built in 1890
- 0.13 acre lot
- 3 parking spaces
Property Details
Monthly Cost Estimate
$1,417/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
124 Mountainview Avenue
Troy, NY 12180
Property Details
Construction
Parking
Heating
Questions & Answers
This 7-bedroom, 2-bathroom residential multi family at 124 Mountainview Avenue is listed at $265,000 ($133/sqft). The estimated monthly payment is $1,148 based on 20% down at 6.5% interest.
Key features include: Built in 1890, 0.13 acre lot, 3 parking spaces.
This property is listed by Joseph P Cardinale and can be reached at 5187552064 or josephcardinale@howardhanna.com.
