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About the Listing o3105A - 03105a
Turnkey Student-Housing Investment Near RPI - Fully Renovated & Low Maintenance Rare opportunity to own a beautifully maintained, high-quality student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, modern amenities, quality furnishings, and excellent tenant appeal. The residence underwent a full renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These major infrastructure upgrades significantly reduce long-term operating costs, resulting in exceptionally low maintenance expenses--a major advantage for investors seeking stable, predictable cash flow. The property includes three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation and gatherings. Outdoor amenities include an updated back deck and a green backyard for tenant enjoyment. Prospect Park is directly across the street, with a convenience store nearby. Located within walking distance of RPI and Downtown Troy, the property offers easy access to campus, restaurants, shops, entertainment, and public amenities. It has a strong history of full occupancy, reflecting consistent demand for high-quality student housing. Highlights 11 Bedrooms; 4 Bathrooms Fully renovated: new electrical, plumbing, insulation, drywall Extremely low maintenance expenses Three HVAC systems; on-demand hot water heaters High-end furniture; stainless-steel appliances; quartz countertops Enclosed patio/entertainment room Updated back deck; green backyard Prospect Park across the street Walking distance to RPI and Downtown Troy Approx. $92K gross annual rental income Strong history of full occupancy Proof of income or financial qualification required before scheduling a showing.
Listing Highlights for 277 Congress St
Interior Details
- Bedrooms: 11
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft: 3650
- Basement: Bilco Doors,Crawl Space,Full,Pillar/Post/Pier,Slab,Sump Pump,Unfinished,Walk-Out Access
- Other: Walk-In Closet(s)
- Water: Public
Exterior Details
- Lot Description: Wooded
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: Multi Residence
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,Driveway
Financial Details
- Tax Amount: $5,295
- Taxes w/Assessments: N/A
- Tax/Property ID: 381700 101.63-7-3
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
277 Congress St Troy, NY 12180
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