11 months on rocket

503 1st St, Troy, NY, 12180

$375,000

Home List Price

$4,453*

Closing Credit

9 Bedrooms
3 Full Baths
Multi

Location

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503 1st St, Troy$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1890
HeatingNatural Gas
BasementYes
MLS #202411075
Lot Size0.07 Acres
StatusActive

About 503 1st St

Investment-ready multi-family property (tri-plex), ideal for experienced investors or contractors. Property is ripe for renovation. Perfect for those with the ability to transform and enhance their value, this opportunity promises substantial returns for the right buyer with a vision for redevelopment. Contact us to discover more about this investment opportunity and arrange a viewing.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1890

Listing Office:

  • Office Name: Titan Commercial Realty Group
  • Office Phone: (518) 400-0668
  • Listing Agent: Todd J Drowlette

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Exterior: None

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: From Menands Take Broadway to NY-378 E. Take the exit toward Troy from Broadway Head northeast on Broadway toward MacDonald Cir Ext Take the exit toward Troy Merge onto NY-378 E Continue on NY-378 E to Troy Continue on 1st St. Take 2nd St to 1st St

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000

Tax Information:

  • Annual Amount: $5,381
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Troy, NY.

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Troy, NY

City

Med. Sold Price

$250K

Med. Price/SqFt

$143

Avg. Days On Market

24

# of Sold Homes

58

503 1st St vs Troy

332 DAYS ON ROCKET

+308 Days

$375,000

+$125K More

KEY TAKEAWAY

This property is $125K more than the Median Sold Price in Troy, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Global MLS
  • MLS Number: #202411075

Listing Office:

  • Office Name: Titan Commercial Realty Group
  • Office Phone: (518) 400-0668
  • Listing Agent: Todd J Drowlette

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2024 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 12:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 11, 2014Home Sold
$25,000
Dec 21, 2004Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,381$115,000
2019$2,648$115,000
2018$3,761$115,000
2017$3,744$115,000

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-968434
2
/10

  • Carroll Hill School

  • 112 Delaware Ave

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-968435
6
/10

  • PS 16

  • 40 Collins Ave

  • 1.64 miles

  • Public District Grades KG-5

school-card-donut-968436
5
/10

  • PS 14

  • 1700 Tibbits Ave

  • 1.81 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,071. Most Troy, NY residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Rensselaer County›Troy›12180›503 1st St

This home is located at 503 1st St in Troy, NY and zip code 12180. This home, which was built in 1890, sits on a 0.07 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $375,000.

In November 2024, from all listings sold in Troy, NY there were more than 28 sold above asking price, over 18 sold below and more than 12 were sold right at the asked price. Between October 2024 and November 2024, Troy, NY real estate market has seen decrease in the number of listings by 22.9%. While the average time on the market in November 2024 was 24 days, the median list price was $250,000.

From Rocket Homes Real Estate and based on county public records data.

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