Welcome to Hill Street, a unique commercial investment package, this well-maintained commercial asset is currently used as Veterans community living(but not exclusively for veterans)which provides a rare opportunity to own a high-performing investment in a growing area. The primary property features 22 private rooms, each with its own bathroom, providing privacy and comfort for residents. Shared common areas create a welcoming, community-oriented environment that supports long-term tenancy.
Included is a vacant lot directly behind the facility, offering space for potential expansion, additional parking, or new development (buyer to verify zoning).
Please note that taxes are a fraction when compared to other real estate holdings of similar value. Additionally ,landlord-tenant laws regarding eviction if, necessary , do not apply to this type of asset.
Property Details
- Basement: Slab
- Bathrooms: 24
- Bedrooms: 27
- Cooling: Central Air
- County: Rensselaer
- Estimated Taxes: $16,566
- Exterior: Other, Vinyl Siding
- Exterior Features: Other
- Heat: Forced Air, Natural Gas
- Interior Features: High Speed Internet, Walk-In Closet(s), Built-in Features
- Parking Spaces: 25
- Property Style: Rooming House
- School District: Troy
- Sewer: Public Sewer
- Square Feet: 5,488
- Town: Troy
- Water: Public
- Year Built: 1940
