307 4th Street, Troy, NY 12180 (MLS# 202624726)


$220,900
307 4th Street
Troy, NY 12180
MLS# 202624726
Status: Pending
5 beds


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Property Description
Don't miss the opportunity to own this beautifully renovated multifamily home in the heart of Troy! Thoughtfully updated throughout, this property features two new electric water heaters, upgraded electrical wiring, new plumbing, reinforced support beams, and a newly constructed exterior staircase--offering valuable improvements for its next owner. Inside, you'll find spacious bedrooms, abundant natural light, and comfortable living spaces, along with a backyard offering additional outdoor space to enjoy. Adding even more value, the sale includes an additional parcel where a garage previously stood, offering potential for future residential development, subject to municipal approvals. The property is currently tenant-occupied, providing rental income from day one--an attractive benefit for investors looking to add an income-producing property to their portfolio. It also offers future flexibility for an owner-occupant looking to enjoy the benefits of multifamily ownership. Conveniently located near bus routes and just a few blocks from Troy's Washington Park, this property combines location, existing rental income, major improvements, and future potential all in one opportunity. Schedule your showing today, and see everything this property has to offer!

Details
Maps
Documents
Contract Information
Status: Pending
Property Sub Type: Duplex
Original List Price: 220900
List Price: $220,900
Current Price: $220,900
Listing Contract Date: 2026-08-25
List Price/SqFt: 124.1
Location
Street Number: 307
Street Name: 4th
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
City/Town (Mail): Troy
Geo Lat: 42.721699
Geo Lon: -73.691464
Property Detail
Rooms Total: 10
Bedrooms Total: 5
Bathrooms Full: 2
Year Built: 1890
Above Grade Finished Area: 1780
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 1780
Lot Size Acres: 0.07
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-08-28
Under Contract Date: 2026-08-28
Proposed Closing Date: 2026-10-16
Financial Details
General Taxes: 1976.56
General Taxes Description: Actual
School Taxes: 1433.24
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Income And Expenses
Rental Income: 37200
Rental Income Description: Yearly
Parking Features
Parking Total: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1400
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1400
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Working Only
Total Bedrooms: 2
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1700
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1700
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Working Only
Total Bedrooms: 3
Property Features
Architectural Style: Other
Attic Features: None
Basement: Bilco Doors; Full; Unfinished
Construction Materials: Aluminum Siding; Brick
Cooling: None
Duplex Type: Side By Side
Electric: 200+ Amp Service
Exterior Features: Garden
Fencing: Back Yard; Chain Link
Flooring: Vinyl
Foundation Details: Combination
Levels: Two
Owner Pays: Sewer; Water
Parking Features: Off Street; Other
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: Call Listing Agent; Occupied; Restricted Days; Restricted Hours; Other
Special Listing Conditions: Standard
Tenant Pays: Electricity
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room
Unit 1 Owner Furnish Features: Sewer; Water
Unit 2 Owner Furnish Features: Sewer; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room

IDX
Listing Courtesy of Empire Real Estate Firm LLC
Listing Agent: Arielle Roberts
518-937-3950 | Arielle@empirerealestatefirm.com
Source MLS Verified

Information deemed reliable but not guaranteed.