$4,250,000

Multi Family In Troy

  • 25,519 Sqft
  • 27,008 Sqft lot
  • Updated: July 14
  • 1
    Views for last 30 days
  • Source:
    Global MLS  MLS#202621635

About the Property

Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stain
Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stainless steel appliances and in-unit laundry. Residents enjoy on-site parking and ’’All-In Living’’ package, which combines fiber internet, cable, electricity, heating, air conditioning and hot water into one monthly payment. Proven rental history, attractive in-place cash flow and operational upside through improved management efficiencies make this a strong investment opportunity.
  • Property type

    Other

  • Year built

    1920

  • Price/sqft

    $166

Features

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2920 5th Avenue, Troy, New York, United States View on Google Maps
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Realty One Group Key - Latham

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Realty One Group Key - Latham
New York, United States
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2026
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Realty One Group Key - Latham
Latham, New York, United States
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Last updated
July 14
First listed
Jul 14
Listing reference
202621635
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