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      Property at 278-280 4th Street, Troy, NY 12180
      ACTIVE
      0
      $688,000

      278-280 4th StreetTroy, NY, 12180

      14 Beds6 Baths5,121 SqFt0.08 Acres
      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)
      1 / 18

      Est. Monthly

      $3,261/mo

      $688,000

      278-280 4th Street, Troy, NY

      14 Beds6 Baths5,121 SqFt0.08 Acres

      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)

      StatusActive
      Property TypeMulti Family
      Property SubtypeMulti Family
      Year Built1890
      Days on Market39 days

      Est. Monthly Payment

      $3,261.10

      %
      %
      yr

      Private Mortgage Insurance

      Not required

      Affordability Checkoptional
      $

      Enter your annual income to check affordability

      Property Details

      Property Information

      278-280 4th Street

      Troy, NY 12180 • Rensselaer
      14
      Beds
      6
      Baths
      5,121
      SqFt
      0.08
      Acres
      Status
      Active
      Property Type
      Multi Family
      Property Subtype
      Multi Family
      Year Built
      1890136 years ago
      Days on Market
      39 days
      Tax History
      Estimated values, may not reflect current amounts.
      • Annual Tax Amount
        $7,000
      • School Taxes
        $3,900
      • Town/County Taxes
        $3,100
      Property History
      • Listed for sale
        Mar 30, 2026 • GLOBAL MLS • 202614113
        $688,000
      Mortgage Calculator
      Estimated monthly payment for this property
      $3,261.10
      Down Payment
      Interest Rate
      Loan Term
      %
      %
      yearsyrs.
      Affordability Checkoptional
      $

      Enter your annual income to see if this home fits your budget

      Private Mortgage Insurance

      Not required — down payment above 20%
      MLS Information
      • Source
        Global MLS
      • MLS#
        202614113
      • Listing Office
        Lincoln House Realty
      • Last Updated
        31 days ago

      Climate & Systems

      • Heating
        • Electric
        • Baseboard

      Interior Features

      • Flooring
        • Carpet
        • Tile
        • Vinyl
      • Basement
        • Unfinished
        • Walk-Out Access
        • Full
        • Exterior Entry

      Parking

      • Parking Features
        None

      Lot & Grounds

      • Lot Size
        0.08 acres
      • Lot Features
        • Cleared
        • Landscaped
        • Level
      • Fencing
        • Fenced
        • Back Yard
      • Exterior Features
        Garden

      Type

      • Property Type
        Multi Family
      • Property Subtype
        Multi Family
      • Architectural Style
        Apartment 4 Plus Unit

      Structure

      • Construction
        Brick
      • Roof
        Rubber
      • Foundation
        Brick or Mortar

      Condition

      • Year Built
        1890
      • Days on Market
        39 days
      • Water
        Public
      • Sewer
        Public Sewer

      607-282-6242, (607) 282-6242, or +1 607 282 6242

      Kevin Lucero

      Kevin Lucero

      Lic. Real Estate Salesperson

      CallEmail
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