$524,000

Estimated payment $3,310/month

Total Views 12,098
10 Beds
5 Baths
2,898 Sq Ft
$181 Price per Sq Ft

Highlights

  • No HOA
  • Bathroom on Main Level
  • Baseboard Heating
  • Window Unit Cooling System
  • Tile Flooring
  • 5-minute walk to Washington Park

About This Home

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)

Listing Agent

Cristhian Astorga

Lincoln House Realty License #10401387776 Listed on: 03/30/2026

Co-Listing Agent

John Alund

Lincoln House Realty License #10491208073

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,150

Year Built

  • Built in 1890

Lot Details

  • 1,742 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2,898 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Bathroom on Main Level
  • 5 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Legal Lot and Block 29.001 / 8
  • Assessor Parcel Number 381700 101.77-8-29.1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,150

Year Built

Built in 1890

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Zoning: Multi Residence
  • Year Built: 1890
  • Directions: 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.
  • Above Grade Finished Sq Ft: 2898.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 3100.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3050.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.04
  • Rental Income: 71400.0
  • Rental Income Description: Estimated
  • Co List Office Mls Id: o2831A
  • Co List Office Phone: 518-469-6238
  • Subdivision Name: Little Italy
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Basement: Unfinished, Walk-Out Access, Full, Exterior Entry, Interior Entry
  • Full Bathrooms: 5
  • Total Bedrooms: 10
  • Living Area: 2898.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Bathroom Levels Full Bathroom 4: 1st
  • Bathroom Levels Full Bathroom 5: 2nd

Exterior Features

  • Exterior Features: Other
  • Roof: Rubber
  • Construction Type: Brick
  • Fencing: Fenced, Back Yard
  • Waterfront: No

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Troy

Lot Info

  • Lot Features: Cleared, Level
  • Parcel #: 381700 101.77-8-29.1
  • Lot Size Sq Ft: 1742.4

Rental Info

  • Tenant Pays: Gas, Internet, Electricity, Heat, Hot Water

Tax Info

  • Tax Annual Amount: 6150.0
  • Tax Block: 8
  • Tax Lot: 29.001

Multi Family

  • Number Of Units Total: 5

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $15,729 $126,000 $6,300 $119,700
2023 $5,818 $126,000 $6,300 $119,700
2022 $5,708 $126,000 $6,300 $119,700
2021 $1,435 $126,000 $6,300 $119,700
2020 $2,902 $126,000 $6,300 $119,700
2019 $4,121 $126,000 $6,300 $119,700
2018 $4,121 $126,000 $6,300 $119,700
2017 $4,103 $126,000 $6,300 $119,700
2016 $7,761 $126,000 $6,300 $119,700
2015 -- $100,000 $6,300 $93,700
2014 -- $100,000 $6,300 $93,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2026 03/30/26 For Sale $524,000 0.0% $181 / Sq Ft
03/07/2018 03/07/18 Rented $950 0.0% --
02/15/2018 02/15/18 Price Changed $950 -4.5% $0 / Sq Ft
01/03/2018 01/03/18 For Rent $995 0.0% --
06/30/2017 06/30/17 Sold $100,000 0.0% $490 / Sq Ft View Prior Sale
05/22/2017 05/22/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $100,000 -- $490 / Sq Ft
Source: Global MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Deed $100,000 Breakell Law Firm P.C.
Interfamily Deed Transfer -- 'N/A'
Deed $27,219 Paul R Engster
Deed $54,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $100,000 New Conventional
Source: Public Records

Source: Global MLS

MLS Number: 202614105

Global MLS

APN: 1700-101.77-8-29.1

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