48 5th Ave Troy, NY 12180
Lansingburgh NeighborhoodEstimated payment $1,452/month
Highlights
- Traditional Architecture
- Bathroom on Main Level
- Forced Air Heating System
- No HOA
About This Home
Well-maintained two-family investment property in the heart of Troy offering strong rental income. This 2,238 sq ft multi-family features two spacious units totaling 6 bedrooms and 2 bathrooms. Currently tenant-occupied with rents of $1,400 and $1,450 per month, providing immediate cash flow for investors. Separate living spaces with large bedrooms and functional layouts. Conveniently located near downtown Troy, local shops, restaurants, and major highways. Great opportunity for investors looking to add to their portfolio or for an owner-occupant looking to offset their mortgage with rental income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,709
Year Built
- Built in 1890
Home Design
- Duplex
- Traditional Architecture
- Aluminum Siding
Interior Spaces
- 2,238 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Open Parking
- Off-Street Parking
Additional Features
- 6,970 Sq Ft Lot
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 39.000 / 4
- Assessor Parcel Number 381700 90.47-4-39
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,656 | $80,000 | $16,000 | $64,000 |
| 2023 | $3,584 | $80,000 | $16,000 | $64,000 |
| 2022 | $5,321 | $80,000 | $16,000 | $64,000 |
| 2021 | $2,743 | $80,000 | $16,000 | $64,000 |
| 2020 | $1,649 | $80,000 | $16,000 | $64,000 |
| 2019 | $2,482 | $80,000 | $16,000 | $64,000 |
| 2018 | $2,482 | $80,000 | $16,000 | $64,000 |
| 2015 | -- | $80,000 | $16,000 | $64,000 |
| 2014 | -- | $80,000 | $16,000 | $64,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/10/2026 03/10/26 | Pending | -- | -- | -- | |
| 03/06/2026 03/06/26 | For Sale | $249,000 | 0.0% | $111 / Sq Ft | |
| 09/04/2024 09/04/24 | For Rent | $1,450 | 0.0% | -- | |
| 07/14/2017 07/14/17 | Sold | $62,000 | -17.2% | $28 / Sq Ft | View Prior Sale |
| 05/25/2017 05/25/17 | Pending | -- | -- | -- | |
| 05/01/2017 05/01/17 | Price Changed | $74,850 | -6.3% | $33 / Sq Ft | |
| 03/11/2017 03/11/17 | Price Changed | $79,850 | -11.2% | $36 / Sq Ft | |
| 01/18/2017 01/18/17 | Price Changed | $89,900 | -5.3% | $40 / Sq Ft | |
| 12/19/2016 12/19/16 | For Sale | $94,900 | -- | $42 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Deed | $62,000 | William Hessney | |
| Deed | $82,500 | Peller Block Colucci Spellma |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $66,000 | Purchase Money Mortgage |
Source: Global MLS
MLS Number: 202612872
APN: 381700 90.47-4-39 01
Ask me questions while you tour the home.