342 Congress Street, Troy, NY 12180
- $590,000
- 8,496
- SqFt
- List Price
- $590,000
- Price Change
- ▼ $35,000 1711411768
- MLS#
- 202314160
Property Description
Portfolio: 338, 340 & 342 Congress St. multi-use property consisting of two buildings and a parking lot with (4) 2-bedroom apartments, and (2) retail spaces: a new bakery and a large owner-occupied business. There are nine paved and striped parking spaces and a grassy lawn area in the back fenced lot. All apartments are leased on a month-to-month basis. The bakery has a 5-year lease. Current annual income, which is well below market value is $54,300. With renovations, approximately $123,600 annual rent could be achieved for a 13% cap. Family-owned floor covering business est. in 1974 is also for sale. Contact agent for details.
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Additional Information
- Taxes
- $10,578
- Zoning
- Commercial
- Sewer
- Public Sewer
- Water
- Public
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Listing courtesy of listing agent Deanna Dal Pos with NAI Platform LLC Brokerage, .
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