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listing
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CommercialFor Sale
$590,000
342 Congress Street
Troy, NY 12180
Courtesy of Nai Platform LLC
MLS: Global MLS
8,496Sq Ft
Est. Mortgage
$3,145/mo

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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Information courtesy of Nai Platform LLC is subject to verification and is not guaranteed.
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