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276 3rd Street

Troy, NY 12180

Active

$524,000

Listing by:
Cristhian Astorga
Lincoln House Realty
518-443-9701

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) 278-280 4th Street (6 Units)

$524,000
10.0
Bedrooms
5
Bathrooms
2,898
Sq. Ft.
$ 181
$/Sq. Ft.
0.04
Acres
Year Built:
1890
County:
Rensselaer
School District:
Troy
Acres:
0.04
Listing Agent:
Cristhian Astorga
Listing Office:
Lincoln House Realty
CONTACT A
BUYER'S AGENT

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Features

Square Feet: 2,898
Town: Troy
Bedrooms: 10
Full Bathrooms: 5
Estimated Taxes: $6,150
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Electric, Natural Gas
Garage: 0
Property Style: Apartment 4 Plus Unit
Exterior: Brick
Exterior Features: Other
Cooling: Window Unit(s)
Parking Spaces: 0
Zoning: Multi Residence

Location



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