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3-Unit Rehab in a Great Part of Troy!

$ 157,500

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228-230 4th Street,


This is a bank foreclosure in a great part of Troy.  Huge gutted first floor space where there used to be a restaurant.  You could easily fit two decent size apartments or one huge apartment which will easily rent for $1800 per month.
Two apartments upstairs in need of some cosmetic work.  The upstairs apartments feature 2 beds, 1 bath.  Tiled showers, granite counter tops in kitchen.  Need some new cabinets, drywall repair, etc.  Will likely rent for $950/mo each.
A ton of potential in this one!
The building is sold as-is.  Bank looking for cash offers or solid rehab financing.  Buyers are encouraged to do their own research on taxes, insurance, comps, etc.
OPEN HOUSE – Saturday, December 15, 2018 @ 10:30 a.m.
Address: 228-230 4th Street
Zip: 12180
Country: United States
Property Id : 19648
Price: $ 157,500
Property Size: 3,440 ft2
Property Lot Size: 2,178 ft2
Rooms: 10
Bedrooms: 4
Bathrooms: 2
Year Built: 1910
Available From: 2018-12-16
Taxes: 5500
Garages: None
Garage Size: N/A
Basement: Full
External Construction: Brick
Roofing: Rubber
School District: Troy
No. Of Units: 3
Unit 1: Commercial Space. Could be converted to apartments
Unit 2: 2 beds, 1 bath - $950/mo (approx)
Unit 3: 2 beds, 1 bath - $950/mo (approx)

Vincent Salvagio

Principal Broker

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