Property Description
Turnkey Student-Housing Investment Near RPI - Fully Renovated & Low Maintenance
Rare opportunity to own a beautifully maintained, high-quality student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, modern amenities, quality furnishings, and excellent tenant appeal.
The residence underwent a full renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These major infrastructure upgrades significantly reduce long-term operating costs, resulting in exceptionally low maintenance expenses--a major advantage for investors seeking stable, predictable cash flow.
The property includes three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation and gatherings.
Outdoor amenities include an updated back deck and a green backyard for tenant enjoyment. Prospect Park is directly across the street, with a convenience store nearby.
Located within walking distance of RPI and Downtown Troy, the property offers easy access to campus, restaurants, shops, entertainment, and public amenities. It has a strong history of full occupancy, reflecting consistent demand for high-quality student housing.
Highlights
11 Bedrooms; 4 Bathrooms
Fully renovated: new electrical, plumbing, insulation, drywall
Extremely low maintenance expenses
Three HVAC systems; on-demand hot water heaters
High-end furniture; stainless-steel appliances; quartz countertops
Enclosed patio/entertainment room
Updated back deck; green backyard
Prospect Park across the street
Walking distance to RPI and Downtown Troy
Approx. $92K gross annual rental income
Strong history of full occupancy
Proof of income or financial qualification required before scheduling a showing.
Property Details 277 Congress Street, Troy, NY 12180
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Estimated Monthly Mortgage Calculator
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