UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,898 sqft
Price per Sqft $180
Subdivision Little Italy
MLS Listing ID 202614105
Bedrooms 10
Full Baths 5
HOA Y/N No
Year Built 1890
Annual Tax Amount $6,150
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Multi Family
Source Global MLS
Property Description
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)
Location
State NY
County Rensselaer
Community Little Italy
Zoning Multi Residence
Direction 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.
Interior
Heating Baseboard, Electric, Natural Gas
Flooring Vinyl, Tile, Carpet
Exterior
Exterior Feature Other
Parking Features None
Roof Type Rubber
Building
Lot Description Level, Cleared
Sewer Public Sewer
Water Public
Architectural Style Apartment 4 Plus Unit
Schools
School District Troy
Others
Tax ID 381700 101.77-8-29.1
Special Listing Condition Standard
Virtual Tour https://app.doaudiotours.com/unbranded?id=18913&lang=en-US