539 Congress St 539 Congress Street is a fully leased, by-the-bedroom student rental on The Hill in Troy, a 2-minute walk to RPI Campus Commons. All nine furnished bedrooms are leased for the 2026-27 academic year at $5, 690/month ($68, 280/year) across nine individual leases, meaning day-one cash flow. At the $475, 000 ask, the property trades at a 10.0% in-place cap rate ($52, 778 per bed), a 7.0x GRM, and a 1.76x DSCR at 75% leverage with a 15.4% cash-on-cash return. The building itself is a beautiful brick building with 3 units - one 1-bedroom, and two 4-bedroom units. The units have hardwood floors, come fully furnished, and the common space in the backyard is a great amenity. Listing agent has an ownership interest. Buyer is encouraged to perform their own inspections.