487 5th Avenue, Troy, NY 12182 (MLS# 202622176)

Overview

Description

Attention investors, rehabbers, and visionaries! This is an outstanding opportunity to transform this property into a beautiful home or income-producing investment. This two-story home features three bedrooms on the second floor, along with an additional room that offers the potential to be converted into a second-floor bathroom. The interior has been taken down to the wood framing, providing a blank canvas to renovate exactly to your vision. To help jump-start your project, the seller is including a variety of purchased building materials, including doors, flooring, lighting fixtures, solar panels, a kitchen sink, and more (see photos for details). Situated on two combined lots, the property offers off-street parking, a fenced yard, and plenty of outdoor space. Conveniently located on 5th Avenue in Lansingburgh, the home is close to the bus line, schools, park, Boys & Girls Club and other local amenities. Whether you're looking for your next flip, a rental property, or a chance to ... (Read more)

Contract Information

Original List Price: 70000
Listing Contract Date: 2026-07-20
Property Sub Type: Single Family Residence
List Price/SqFt: 51.47
List Price/Acres: 875000

Location

Street Number: 487
Street Name: 5th
Street Suffix: Avenue
County: Rensselaer
State/Province: NY
Postal Code: 12182
City/Town (Mail): Troy

Property Detail

Rooms Total: 5
Bedrooms Total: 3
Year Built: 1890
Above Grade Finished Area: 1360
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 1360
Total Finished Area: 1360
Zoning: Single Residence
Deed Restrictions: No
Lot Size Acres: 0.08
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Bathrooms Half: 0
Garage Spaces: 0
Below Grade Finished Area: 0

Status Change Info

Status Change Date: 2026-07-20

Financial Details

Full Market Assessment: 175300
Tax Assessed Value: 88200
General Taxes: 1225
General Taxes Description: Estimated
School Taxes: 1874.41
School Taxes Description: Actual

Parking Features

Parking Total: 3
Off Street: Yes

More Information

Photos - the contractual owner of the photos

Photo Owner: Combination Ownership

Rooms

Bedroom Level: Second
Dining Room Level: First
Kitchen Level: First
Living Room Level: First
Bedroom: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes

Parcel, Tax, HOA

New Construction Y/N: No
Parcel Number: 80.64-10-5
Tax Annual Amount: 3100
Tax Section: 80,64
Total Taxes Description: Estimated
Tax Block: 5
Tax Lot: 10
School District: Lansingburgh
Association Y/N: No

Directions & Remarks

Directions: Take Troy exit off of Rte 7. Turn Right off of exit, then right at first light. Go left at next light onto 5th Ave. House will be about 2 miles on the left after Jimmy's Pizza.
Public Remarks: Attention investors, rehabbers, and visionaries! This is an outstanding opportunity to transform this property into a beautiful home or income-producing investment. This two-story home features three bedrooms on the second floor, along with an additional room that offers the potential to be converted into a second-floor bathroom. The interior has been taken down to the wood framing, providing a blank canvas to renovate exactly to your vision. To help jump-start your project, the seller is including a variety of purchased building materials, including doors, flooring, lighting fixtures, solar panels, a kitchen sink, and more (see photos for details). Situated on two combined lots, the property offers off-street parking, a fenced yard, and plenty of outdoor space. Conveniently located on 5th Avenue in Lansingburgh, the home is close to the bus line, schools, park, Boys & Girls Club and other local amenities. Whether you're looking for your next flip, a rental property, or a chance to create your dream home, this property is packed with potential. Bring your ideas and make it your own!

Sewer

Public Sewer: Yes

Appliances

Electric Oven: Yes

Architectural Style

Traditional: Yes

Electric

150 Amp Service: Yes

Fencing

Back Yard: Yes
Wood: Yes

Cooling

None: Yes

Listing Terms

Cash: Yes

Basement

Partial: Yes

Dining Room Type

Other: Yes

Construction Materials

Aluminum Siding: Yes
Vinyl Siding: Yes

Possession

At Closing: Yes

Exterior Features

None: Yes

Showing Requirements

Lockbox: Yes

Special Listing Conditions

Standard: Yes

Water Source

Public: Yes

Heating

None: Yes

Property Condition

Fixer: Yes

Property Features

Appliances: Electric Oven Architectural Style: Traditional Basement: Partial Construction Materials: Aluminum Siding; Vinyl Siding Cooling: None Dining Room Type: Other Electric: 150 Amp Service Exterior Features: None Fencing: Back Yard; Wood Heating: None Listing Terms: Cash Parking Features: Off Street Possession: At Closing Property Condition: Fixer Rooms: Bedroom; Dining Room; Kitchen; Living Room Sewer: Public Sewer Showing Requirements: Lockbox Special Listing Conditions: Standard Water Source: Public

Room Information

Room Name	Level
Living Room	First
Dining Room	First
Kitchen	First
Bedroom	Second
Bedroom	Second
Bedroom	Second