278-280 4th Street, Troy, NY 12180
Local realty services provided by:CENTURY 21 Adirondacks
Listed by: cristhian astorga, john alund
Office: lincoln house realty
MLS#:202614113
Source:Global MLS
Price summary
- Price:$639,000
- Price per sq. ft.:$124.78
About this home
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)...
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Home facts
- Year built:1890
- Subdivision & Development:Little Italy
- Listing ID #:202614113
- Added:210 day(s) ago
- Updated:October 27, 2026 at 08:37 AM
Rooms and interior
- Bedrooms:14
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Carpet, Tile, Vinyl
- Basement Description:Exterior Entry, Full, Unfinished, Walk-Out Access
- Living area:5,121 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard, Electric, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1890
- Building area:5,121 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Cleared, Landscaped, Level
- Architectural Style:Apartment 4 Plus Unit
- Construction Materials:Brick
- Exterior Features:Garden
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$639,000
- Price per sq. ft.:$124.78
- Tax amount:$7,000
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