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🚨 PROPERTY NOTICE -- 397 SECOND ST, TROY, NY 12180 INVESTMENT PROPERTY WITH MULTI-UNIT MUNICIPAL DESIGNATION -- DELIVERED VACANT AT CLOSING Located in a high-demand South Troy residential corridor down the street from Rensselaer Polytechnic Institute (RPI) and downtown Troy. PROPERTY DESIGNATION: While currently configured and used as a spacious 3-bedroom single-family residence, this asset is registered as a Multi-Unit property within the municipal records. This unique legal profile provides a buyer with excellent zoning and layout conversion options to maximize the property's footprint. PROPERTY DETAILS: Size: 1152 square feet of residential space. Current Layout: 3 Bedrooms and 1 Bathroom. Roof: 5 years old and verified in solid condition. Windows: Clear, functional, and in good condition. Utilities: Connected to public city water and public city sewer systems. Interior Summary: Floating floors, solid wood cabinets, and Formica countertops. One bathroom is in good condition; the kitchen and secondary rooms are unrenovated and ready for design upgrades.

Source: Global MLS, MLS#: 202620677

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  • Property Type
    Residential
  • Lot
    0.07 acres

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Jamie Brzyski
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  • Median Age
    34
  • Population Density
    951
  • College Educated
    48%
  • Estimated Median Income
    $59,523
  • Estimated Total Home Owners
    9,699
  • Estimated Total Renters
    11,864
  • Owner / Renter Divide
    45% / 55%
  • Estimated Average Household Size
    2
  • Total Population
    53,181
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.