A rare offering in the heart of downtown Troy, this distinguished three-story single-family residence with mixed-use zoning combines character, scale, and flexibility. Featuring soaring ceilings, grand hallways, abundant natural light, and hardwood flooring, the home has been thoughtfully updated throughout and boasts recent exterior improvements, including an impeccably maintained brick exterior in excellent condition. Just minutes from Troy Music Hall, acclaimed restaurants, bars, boutiques, and cultural destinations, the location provides an elevated urban lifestyle with quick highway access. The first floor offers strong potential for commercial conversion, ideal for a refined live/work concept or boutique professional space (buyer to verify permitted use). An unfinished basement provides generous storage and includes washer/dryer hookups ($1,100 credit for units). The owners are actively using the entire property as a successful Airbnb investment, with 2024/2025 earnings report available in the documents, offering both immediate cash flow and long-term appreciation potential.