$240,000
Troy, NY 12180
MLS# 202617906
Status: Pending
6 beds
1 / 36
Property Description
Live in the heart of Little Italy and right around the corner from Washington Park and take advantage of an opportunity that blends lifestyle and income potential. This well-maintained two-family property offers a proven rental history, a strong 9% cap rate and one open unit, making it appealing for investors and owner-occupants. Each unit features three spacious bedrooms, updated kitchens, and abundant natural light. Separate utilities provide efficiency and ease of management, while the basement laundry adds convenience for all residents. If that's not enough, the walk-up attic presents valuable unfinished space, ideal for a home office or studio. Enjoy a highly walkable location near Troy's thriving downtown, with easy access to local shops, restaurants, HVCC, Rensselaer Tech Park, the Hudson Mohawk Bike Trail, and CDTA transit lines. Combined with low taxes, this property delivers both immediate returns and long-term potential. Schedule your showing today!
Details
Maps
Documents
Contract Information
Original List Price: 240000
List Price/SqFt: 118.58
Status: Pending
Property Sub Type: Duplex
List Price: $240,000
Current Price: $240,000
Listing Contract Date: 2026-05-22
Location
City/Town (Mail): Troy
Street Number: 240
Street Name: 4th
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
Geo Lat: 42.724011
Geo Lon: -73.690246
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2024
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2024
Lot Size Dimensions: 25 x 130
Lot Size Acres: 0.07
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 6
Bathrooms Full: 2
Year Built: 1910
Status Change Info
Proposed Closing Date: 2026-07-14
Status Change Date: 2026-06-01
Under Contract Date: 2026-05-28
Parcel, Tax, HOA
Parcel Number: 381700 101.69-17-11
Tax Annual Amount: 4252
Tax Section: 101.69
Total Taxes Description: Actual
Tax Block: 17
Tax Lot: 11.000
School District: Troy
Association Y/N: No
Directions & Remarks
Directions: Head north on 4th St. Home is in right side between Adams and Jefferson St. across from the CYO
Public Remarks: Live in the heart of Little Italy and right around the corner from Washington Park and take advantage of an opportunity that blends lifestyle and income potential. This well-maintained two-family property offers a proven rental history, a strong 9% cap rate and one open unit, making it appealing for investors and owner-occupants. Each unit features three spacious bedrooms, updated kitchens, and abundant natural light. Separate utilities provide efficiency and ease of management, while the basement laundry adds convenience for all residents.
If that's not enough, the walk-up attic presents valuable unfinished space, ideal for a home office or studio. Enjoy a highly walkable location near Troy's thriving downtown, with easy access to local shops, restaurants, HVCC, Rensselaer Tech Park, the Hudson Mohawk Bike Trail, and CDTA transit lines. Combined with low taxes, this property delivers both immediate returns and long-term potential. Schedule your showing today!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
Circuit Breakers: 1
Attic Features
Walk-Up: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Lot Features
Level: 1
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Photographer
Possession
At Closing: 1
Exterior Features
None: 1
Duplex Type
Up And Down: 1
Showing Requirements
Showing Service: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Space Heater: 1
Laundry Features
In Basement: 1
Patio And Porch Features
Porch: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Tenant Pays
Electricity: 1
Gas: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: First Fl
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Refrigerator: 1
Stove: 1
Unit 1 Detail
Rent: 1300
Rent Description Unit 1: Estimated
Occupant Type Unit 1: Vacant
Total Bedrooms: 3
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Second F
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1275
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Total Bedrooms: 3
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Refrigerator: 1
Stove: 1
Property Features
Architectural Style: Traditional
Attic Features: Walk-Up
Basement: Full
Construction Materials: Brick
Cooling: None
Duplex Type: Up And Down
Electric: Circuit Breakers
Exterior Features: None
Heating: Hot Water; Natural Gas; Space Heater
Laundry Features: In Basement
Levels: Two
Lot Features: Level
Patio And Porch Features: Porch
Possession: At Closing
Roof: Asphalt
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Refrigerator; Stove
Unit 2 Includes: Bathroom; Kitchen; Refrigerator; Stove
Disclosures 
Listing Courtesy of KW Platform
Listing Agent: Heather Hamlin Martin
518-308-8986 | heather@hhmrealestate.com
518-308-8986 | heather@hhmrealestate.com