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 22 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 facility, 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 assetSold as a package with 177 Hill st(updated 2 family) and adjacent 1 acre parcel fronting Ida st.
Listing By
Agency Name: Berkshire Hathaway Home Services Blake
Agency Phone: 1 518-935-2555
Shown By
Agent Name: Harold Baldwin
Agent Phone:
Agency Title: CKM Team Realty
Estimated Payment
$ 8,177.03 per month $6,009.03 Principal & Interest $1,380.50 Property Tax $787.50 Homeowner's Insurance
171 Hill Street | MLS# 202618382
This multi-family property located at 171 Hill Street, Troy, NY 12180 is currently listed for sale with an asking price of $2,700,000. Hill Street is located within the Troy school district. Search Troy real estate on www.newyorkcliftonparkhomes.com today.