276 3rd St

Troy, NY 12180
  • $524,000

    Price
  • 10

    Bed
  • 5

    Bath
  • 2,898

    SqFt

About the Listing o2831A - 35568,24528

Welcome to 276 3rd Street, a Five unit multi-family opportunity in the heart of Little Italy in Troy. Each unit has separate utilities, allowing for simplified management and cleaner expense allocation. For sure a solid addition to an investment portfolio with strong fundamentals and long term potential. All units are configured as 2 bed, 1 bath, a unit mix that is typically easier to lease and appeals to a wide range of tenants. The property also presents value-add potential for investors looking to make improvements over time while working toward stabilization. The combination of separate utilities and consistent unit configuration provides operational flexibility. 276 3rd St is just around the corner from the beloved DeFazio's Pizzeria, a destination that draws consistent activity to the area. Residents also benefit from close proximity to downtown Troy's restaurants, shops, farmers market, and entertainment options, plus convenient access to major roadways for commuting. As an added opportunity, this property is part of a 14-unit investment portfolio, with all buildings located within close walking distance. All units across the portfolio feature separate utilities, allowing for simplified management and cleaner expense allocation. The portfolio is being offered together for $1,534,000, presenting a rare opportunity for investors to acquire multiple assets in one concentrated location, supporting operational efficiency and streamlined management. Additional properties included in this portfolio are listed below. 308 4th Street (3 Units) https://www.realtor.com/realestateandhomes-detail/308-4th-St_Troy_NY_12180_M32661-25150 278-280 4th Street (6 Units) https://www.realtor.com/realestateandhomes-detail/278-280-4th-St_Troy_NY_12180_M97374-95527

Listing Highlights

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 202614105
Year Built 1890
Total Square Footage 2,898
Lot/Acreage 0.04
County Rensselaer
Neighborhood Little Italy
School District Troy

Interior Details

  • Bedrooms: 10
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Baseboard,Electric,Natural Gas
  • Fireplaces:
  • Floor: Vinyl,Tile,Carpet
  • Above Ground Sq Ft: 2898
  • Below Ground Sq Ft: 0
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished,Walk-Out Access
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Level,Cleared
  • Garage Capacity: N/A
  • Zoning: Multi Residence
  • Roof: Rubber
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $6,150
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 381700 101.77-8-29.1
  • Tax Year: N/A

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276 3rd St Troy, NY 12180

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Originating MLS: Global MLS

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