308 4th Street, Troy, NY 12180
308 4th Street, Troy, NY 12180
308 4th Street, Troy, NY 12180
308 4th Street, Troy, NY 12180
308 4th Street, Troy, NY 12180
308 4th Street, Troy, NY 12180
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Listed by Cristhian Astorga • Lincoln House Realty
$ 359,000
Est. payment | /mo

7 Beds

3 Baths

3,400 SqFt


$ 359,000
Est. payment | /mo

7 Beds

3 Baths

3,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $105

Subdivision Little Italy

MLS Listing ID 202614060

Bedrooms 7

Full Baths 3

HOA Y/N No

Year Built 1935

Annual Tax Amount $5,750

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 25x130

Property Sub-Type Triplex

Source Global MLS

Property Description

Welcome to 304 4th Street, a well positioned triplex offering a strong opportunity for both investors and owner-occupants , only a few blocks from downtown Troy. This three unit property features separate utilities, making management straightforward and expenses easier to allocate, an attractive setup for portfolio investors seeking scalable assets.

Each unit provides practical layouts with solid rental potential, while the overall configuration also makes this an excellent option for owner-occupied living, live in one unit and offset your mortgage with rental income from the others.

308 4th 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.

Highlights:

- Ideal for investors or owner-occupants
- Separate utilities for each unit
- Potential for value-add improvements and increased rents
- Convenient location.

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.

278-280 4th Street (6 Units)

276 3rd Street (5 Units)

Location

State NY

County Rensselaer

Community Little Italy

Zoning Multi Residence

Direction From downtown Troy, head north on 4th Street. Continue past the intersection with Federal Street, and the property will be on your right-hand side in the heart of Little Italy. Street parking is available nearby for easy access.

Interior

Heating Radiant, Space Heater, Natural Gas

Flooring Vinyl, Tile, Hardwood

Exterior

Exterior Feature Other

Parking Features None

Roof Type Rubber

Building

Lot Description Other, Level, Cleared

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

School District Troy

Others

Tax ID 381700 101.77-9-16

Special Listing Condition Standard

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Nearby Locations

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Michael Keefrider
Michael Keefrider

Licensed Associate Real Estate Broker | Lic# 30KE0495748

+1(518) 423-0481

1345 New Scotland Rd, Slingerlands, NY, 12159

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308 4th Street