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556 2nd Street, 
Troy, NY 12180

$199,999


4

Beds


2

Baths


1,754

Sq Ft


Multi-Family

Active

Listed by

Brianna Huynh

1 518-427-9000

Last updated:

February 27, 2026, 03:33 PM

MLS#

202611380

Source:

Global MLS

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About This Home

556 2nd Street

Turnkey investment opportunity in the heart of Troy! This multifamily property features major capital improvements already completed by the owner, including a NEW roof and boilers, offering peace of mind & reduced future expenses. Each unit is ideal for renters, featuring spacious floor plans, dishwasher, and in-unit laundry - all highly desirable amenities that enhance everyday living and rental appeal. Total monthly rental income can exceed $2,500 for the building. Both units are currently vacant, offering flexibility for owner occupants or the option to place screened tenants. Conveniently located with easy access to downtown Troy, RPI, shops, restaurants, & major highways. With strong rental demand, solid mechanical updates, and immediate income potential, this is a smart addition to any portfolio. Don't miss the opportunity to own a cash flowing property with minimal expenses & the heavy lifting already done. Property sold as is!

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1890

Price Summary

199,999

$114 per Sq. Ft.

MLS #:

202611380

Last Updated:

February 27, 2026, 03:33 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,754 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

1,754 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$199,999

Price per Sq. Ft:

$114 per Sq. Ft.

556 2nd Street
Source:Global MLS
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.