Sharon FronkRealtor® · Howard Hanna
LoadingTroy, NY 12180 · Rensselaer County
This is a triplex built in 1935 at 304 4th Street in Troy, in the Troy school district, listed at $372,000. The three units have separate utilities, which the remarks note simplifies management and expense allocation, with potential for owner-occupancy or investment. The remarks reference a location a few blocks from downtown Troy and near DeFazio's Pizzeria. It is also offered as part of a 14-unit portfolio priced at $1,534,000 alongside 278-280 4th Street and 276 3rd Street.
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)
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Troy is in Rensselaer County, NY. There are currently 111 active listings here, ranging from $15,500 to $2,700,000. Listings in this address fall under the Troy school district. Priced 24% above the Troy median of $299,900.
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Lincoln House Realty · Listed by Cristhian Astorga (35568)
Contact: 518-443-9701
MLS #202614060 · Source: Global MLS, Inc.
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