307 4th Street, Troy, NY 12180

  • Pending

 $220,900

  • 5 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,480 Sq.Ft.
  • Multi-Family
  • Pending
  • MLS# 202624726
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

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!

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Property Details

General

  • County: Rensselaer
  • Style: Other
  • Beds: 5
  • Full Bathrooms: 2
  • Year Built: 1890
  • Sq. Ft.: 1,480
  • Lot Size: 0.0700
  • Garage/Parking Spaces: 0.00

Financial Considerations

  • Tax Amount: $3,409

Activity

  • Days On Market: 3
  • List Date: 08/25/2026
 

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