$524,000
Troy, NY 12180
MLS# 202614105
10 beds
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1 / 18
Property Description
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)
Details
Maps
Documents
Contract Information
Original List Price: 524000
List Price/SqFt: 180.81
Status: Active
Property Sub Type: Multi Family
List Price: $524,000
Current Price: $524,000
Listing Contract Date: 2026-03-27
Location
City/Town (Mail): Troy
Cross Street: 3rd Street
Street Number: 276
Street Name: 3rd
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
Subdivision: Little Italy
Geo Lat: 42.721681
Geo Lon: -73.692105
Property Detail
Number Of Units Total: 5
Rooms Total: 20
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2898
Above Grade Finished Area Source: Public Records
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 2898
Zoning: Multi Residence
Deed Restrictions: No
Lot Size Acres: 0.04
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 10
Bathrooms Full: 5
Year Built: 1890
Parcel, Tax, HOA
Parcel Number: 381700 101.77-8-29.1
Tax Annual Amount: 6150
Tax Section: 101.77
Total Taxes Description: Actual
Tax Block: 8
Tax Lot: 29.001
School District: Troy
Association Y/N: No
Directions & Remarks
Directions: From downtown Troy, head west on 3rd Street. Continue past the intersection with Fulton Street, and the property will be on your left-hand side in the Little Italy neighborhood. Street parking is available nearby for easy access.
Public Remarks: 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)
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Fencing
Back Yard: 1
Fenced: 1
Financial Details
General Taxes: 3100
General Taxes Description: Actual
School Taxes: 3050
School Taxes Description: Actual
Cooling
Window Unit(s): 1
Basement
Exterior Entry: 1
Full: 1
Interior Entry: 1
Unfinished: 1
Walk-Out Access: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 3rd
Full Bath 4: 1st
Full Bath 5: 2nd
Lot Features
Cleared: 1
Level: 1
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
Other: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
Occupied: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Baseboard: 1
Electric: 1
Natural Gas: 1
Income And Expenses
Rental Income: 71400
Rental Income Description: Estimated
Parking Features
None: 1
Levels
Three Or More: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Internet: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1250
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1250
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1250
Rent Desc. MF Unit 3: Estimated
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Includes
Bathroom: 1
Dining Room: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1100
Rent Desc. MF Unit 4: Estimated
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 4 Includes
Bathroom: 1
Dining Room: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 2
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 1100
Rent Desc. MF Unit 5: Estimated
Total Rooms MF Unit 5: 4
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Unit 5 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Status Change Info
Status Change Date: 2026-03-30
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Exterior Entry; Full; Interior Entry; Unfinished; Walk-Out Access
Construction Materials: Brick
Cooling: Window Unit(s)
Exterior Features: Other
Fencing: Back Yard; Fenced
Flooring: Carpet; Tile; Vinyl
Heating: Baseboard; Electric; Natural Gas
Levels: Three Or More
Lot Features: Cleared; Level
Parking Features: None
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; Occupied; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat; Hot Water; Internet
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 2 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 3 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 4 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 5 Includes: Bathroom; Dining Room; Kitchen; Living Room
Pro Forma 
Listing Courtesy of Lincoln House Realty
Listing Agent: Cristhian Astorga
518-443-9701 | cristhian@lincolnhouseny.com
518-443-9701 | cristhian@lincolnhouseny.com
