1302 5th Ave Troy, NY 12180
South Central NeighborhoodEstimated payment $1,595/month
Total Views
26,044
6
Beds
2
Baths
1,625
Sq Ft
$138
Price per Sq Ft
Highlights
- Very Popular Property
- Bathroom on Main Level
- Level Lot
- No HOA
- Forced Air Heating System
- 4-minute walk to Washington Park
About This Home
Investors and owner-occupants, take notice! Located at 1302 5th Avenue in Troy, this two-family property offers two 3-bedroom, 1-bath units and an excellent opportunity for rental income in a convenient Capital Region location. Both units feature a kitchen, living room, full bath, refrigerator, stove and washer/dryer hookups. Separate electric and gas utilities provide an attractive setup for investors, with tenants responsible for cable, electricity and heat. The property also offers forced-air heating, a walk-out basement, public water and sewer, 100-amp electrical service and a level 0.23-acre lot. Expected market rents were discussed at approximately $1,300-$1,600 per month per unit. Current cap-rate projections discussed range from approximately 10.2% at the low-market scenario to 13.4% at the high-market scenario, with an estimated cap rate of 11.8%. Buyers should independently verify rental income, expenses and cap-rate calculations.
The property is ideally positioned near downtown Troy and the popular Little Italy neighborhood, offering convenient access to restaurants, shopping, entertainment, employment centers and city amenities. Located within the Troy City School District, residents have access to Troy's public school system. Recreation is nearby, including Frear Park with golf, tennis, fields, playgrounds and seasonal activities, as well as Prospect Park and its outdoor amenities. With two 3-bedroom units, separate utilities and strong rental potential, 1302 5th Avenue offers versatility for investors seeking income-producing real estate or owner-occupants looking to offset housing costs. Light staging can help showcase the vacant rooms, layout and potential of each unit.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,884
Year Built
- Built in 1910
Lot Details
- 1,307 Sq Ft Lot
- Level Lot
Home Design
- Duplex
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 1,625 Sq Ft Home
- 2-Story Property
- Walk-Out Basement
- No Access to Attic
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- 100 Amp Service
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 17.000 / 13
- Assessor Parcel Number 381700 101.69-13-17
3D Interior and Exterior Tours
Floorplans
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,489 | $82,500 | $4,500 | $78,000 |
| 2024 | $7,489 | $82,500 | $4,500 | $78,000 |
| 2023 | $3,909 | $82,500 | $4,500 | $78,000 |
| 2022 | $4,215 | $82,500 | $4,500 | $78,000 |
| 2021 | $1,417 | $82,500 | $4,500 | $78,000 |
| 2020 | $1,900 | $82,500 | $4,500 | $78,000 |
| 2019 | $2,939 | $82,500 | $4,500 | $78,000 |
| 2018 | $2,939 | $82,500 | $4,500 | $78,000 |
| 2017 | $1,530 | $47,000 | $4,500 | $42,500 |
| 2016 | $2,023 | $47,000 | $4,500 | $42,500 |
| 2015 | -- | $47,000 | $4,500 | $42,500 |
| 2014 | -- | $47,000 | $4,500 | $42,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/26/2026 08/26/26 | For Sale | $225,000 | +47.1% | $138 / Sq Ft | |
| 01/05/2023 01/05/23 | Sold | $153,000 | -1.2% | $96 / Sq Ft | View Prior Sale |
| 11/02/2022 11/02/22 | Pending | -- | -- | -- | |
| 10/19/2022 10/19/22 | For Sale | $154,900 | +54.9% | $97 / Sq Ft | |
| 02/02/2018 02/02/18 | Sold | $100,000 | -16.6% | $61 / Sq Ft | View Prior Sale |
| 11/08/2017 11/08/17 | Pending | -- | -- | -- | |
| 06/14/2017 06/14/17 | For Sale | $119,900 | -- | $73 / Sq Ft |
Source: Global MLS
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $153,000 | None Available | |
| Deed | $100,000 | -- | |
| Deed | $18,500 | David Brickman | |
| Foreclosure Deed | $90,000 | Gregory Harris | |
| Deed | $23,900 | Dean R Morris | |
| Foreclosure Deed | $80,000 | Steven Baum | |
| Deed | $115,000 | -- | |
| Deed | $36,000 | Joseph T. Murphy | |
| Interfamily Deed Transfer | -- | F. Redmond Griffin |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,000 | Commercial | |
| Closed | $107,000 | Unknown | |
| Closed | $103,500 | Unknown | |
| Previous Owner | $17,250 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
I have learned over the years that one of my greatest strengths is my ability to listen. No one can provide you with the desired outcome if they do not understand what is important to you. Whether you are looking to purchase or sell your home, the process begins with an in depth conversation that details desired results. We will then sit down and develop a strategy to achieve this goal. I understand that the most frustrating part of any significant decision we make in our lives is not
Joseph's Other Listings
Source: Global MLS
MLS Number: 202624811
APN: 1700-101.69-13-17
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