Listing Notes
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)
Price in context
Cheaper than 8% of the 24 homes listed nearby right now, which run $279,900 to $674,900.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 34 Francis St | $279,900 | 6 bd · 2 ba |
| 3 Clark Ave | $282,000 | 3 bd · 1 ba |
| 145 4th St | $299,900 | 9 bd · 3 ba |
| 8 St Marys Ave | $299,999 | 5 bd · 2 ba |
| 179 4th St | $299,999 | 6 bd · 4 ba |
| 259 3rd St | $319,000 | 9 bd · 3 ba |
| 151 Jackson St | $319,000 | 6 bd · 3 ba |
| 1 Lincoln Ave | $325,000 | 7 bd · 3 ba |
| 283 4th St | $339,900 | 9 bd · 3 ba |
| 516 4th St | $339,900 | 6 bd · 3 ba |
| 300 16th St | $339,900 | 6 bd · 2 ba |
| 233 2nd St | $345,000 | 6 bd · 5 ba |
| 13 13th St | $349,000 | 7 bd · 3 ba |
| 308 4th St | $359,000 | 7 bd · 3 ba |
| 1410 5th Ave | $359,900 | 9 bd · 3 ba |
| 335 1st St | $359,999 | 9 bd · 3 ba |
| 421 4th St | $364,900 | 8 bd · 4 ba |
| 479 2nd St | $379,000 | 5 bd · 4 ba |
| 415 3rd St | $389,900 | 9 bd · 3 ba |
| 1040 5th Ave | $399,000 | 8 bd · 3 ba |
| 107 Washington St | $425,000 | 6 bd · 3 ba |
| 25 Ridge Dr | $434,900 | 3 bd · 4 ba |
| 278-280 4th St | $639,000 | 14 bd · 6 ba |
| 6 Franklin Pl | $674,900 | 3 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more