580 1st Avenue, Troy, NY 12182, Troy

Description

Exceptional investment or owner-occupied opportunity with a 10.2% cap rate! This historic 4-unit property with Hudson River views, circa 1707, is the oldest structure in Lansingburgh, known as ”The Old House”. Timeless charm abounds with coffered ceilings, original woodwork, and custom millwork. Each unit includes washer/dryer hookups and separate gas furnaces (2010). Highlights include the 1,600 sq ft Unit 2N with 4 beds, 2 baths, and sunlit living room, and Unit 1, the original library, with coffered ceilings and a marble fireplace. Unit 2S boasts a renovated kitchen, living room, and unique ”Beehive construction” upstairs. Situated on a double lot with an 8-ft block wall and Siena Gate, this is a rare historical gem!