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171 Hill Street

Troy, NY 12180

Active

$2,400,000

Listing by:
Leon Levy
Berkshire Hathaway Home Services Blake
518-727-7493

Welcome to Hill Street, a unique investment package, this well-maintained commercial asset is currently used as Veterans community living(but not exclusively for veterans)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). Please note that taxes are a fraction when compared to other real estate holdings of similar value. Additionally ,landlord-tenant laws regarding eviction if, necessary , do not apply to this type of asset Sold as a package with 177 Hill st(updated 2 family) and adjacent 1 acre parcel fronting Ida st.

$2,400,000
23.0
Bedrooms
24
Bathrooms
5,488
Sq. Ft.
$ 437
$/Sq. Ft.
0.27
Acres
Year Built:
1940
County:
Rensselaer
School District:
Troy
Acres:
0.27
Listing Agent:
Leon Levy
Listing Office:
Berkshire Hathaway Home Services Blake
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Features

Square Feet: 5,488
Town: Troy
Bedrooms: 23
Full Bathrooms: 24
Estimated Taxes: $10,276
Water: Public
Sewer: Public Sewer
Heat: Forced Air, Natural Gas
Garage: 0
Property Style: Rooming House
Exterior: Other, Vinyl Siding
Exterior Features: Other
Cooling: Central Air
Parking Spaces: 25

Location



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