278-280 4th Street, Troy, NY 12180

  • Contingent - Continue to Show

 $639,000

  • 14 BedroomBedrooms
  • 6 BathroomBathrooms
  • 4,284 Sq.Ft.
  • Multi-Family
  • Contingent - Continue to Show
  • MLS# 202614113
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

Welcome to 278-280 4th Street, a Six unit multi-family investment opportunity in the heart of Little Italy in Troy. This property features separate utilities for all units, making management simple and expenses easier to allocate. It is almost fully rented, offering immediate income potential and strong cash flow for investors seeking a stabilized asset. The building includes a mix of 2 bed and 3 bed units, many of which have been recently renovated, reducing near term capital needs while enhancing tenant appeal. Tenants also enjoy access to a shared backyard, providing outdoor space that adds to the property's desirability. 278-280 4th St is just half a block 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) 276 3rd Street (5 Units)

Virtual Tour

Virtual Tour Virtual Tour

Property Details

General

  • Subdivision: Little Italy
  • County: Rensselaer
  • Style: Apartment 4 Plus Unit
  • Beds: 14
  • Full Bathrooms: 6
  • Year Built: 1890
  • Sq. Ft.: 4,284
  • Lot Size: 0.0800
  • Lot Description: Level, Landscaped, Cleared
  • Garage/Parking Spaces: 0.00
  • Lot Dimensions: 40x85

Financial Considerations

  • Tax Amount: $7,000

Activity

  • Days On Market: 143
  • List Date: 03/27/2026
 

This calculator is provided by Burrow Services, Inc. for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax, or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

Request Info / Schedule Showing

Realty ONE Group, Inc is powered by Burrow Services, Inc.