Welcome to 304 4th Street, a well positioned triplex offering a strong opportunity for both investors and owner-occupants , only a few blocks from downtown Troy. This three unit property features separate utilities, making management straightforward and expenses easier to allocate, an attractive setup for portfolio investors seeking scalable assets.
Each unit provides practical layouts with solid rental potential, while the overall configuration also makes this an excellent option for owner-occupied living, live in one unit and offset your mortgage with rental income from the others.
308 4th 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.
Highlights:
- Ideal for investors or owner-occupants
- Separate utilities for each unit
- Potential for value-add improvements and increased rents
- Convenient location.
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.
278-280 4th Street (6 Units)
https://www.realtor.com/realestateandhomes-detail/278-280-4th-St_Troy_NY_12180_M97374-95527
276 3rd Street (5 Units)
https://www.realtor.com/realestateandhomes-detail/276-3rd-St_Troy_NY_12180_M95784-19164
Property Type(s):
Multi Family
|
Last Updated
|
3/27/2026
|
Tract
|
Little Italy
|
|
Year Built
|
1935
|
County
|
Rensselaer
|
SCHOOLS
Additional Details
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Full, Unfinished, Yes |
| CONSTRUCTION |
Aluminum Siding, Brick |
| EXTERIOR |
Other |
| HEAT |
Natural Gas, Radiant, Space Heater |
| LOT |
3049 sq ft |
| LOT DESCRIPTION |
Cleared, Level, Other |
| LOT DIMENSIONS |
25x130 |
| PARKING |
None, No Garage |
| SEWER |
Public Sewer |
| STYLE |
Other |
| SUBDIVISION |
Little Italy |
| TAXES |
5750 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Lincoln House Realty
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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