276 3rd Street, Troy, NY 12180 (MLS # 202614105)

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) https://www.realtor.com/realestateandhomes-detail/308-4th-St_Troy_NY_12180_M32661-25150 278-280 4th Street (6 Units) https://www.realtor.com/realestateandhomes-detail/278-280-4th-St_Troy_NY_12180_M97374-95527

Last Updated	3/30/2026	Tract	Little Italy
Year Built	1890	County	Rensselaer

SCHOOLS

High School	Troy

Additional Details

AIR	Window Unit(s)
AIR CONDITIONING	Yes
BASEMENT	Exterior Entry, Full, Interior Entry, Unfinished, Walk-Out Access, Yes
CONSTRUCTION	Brick
EXTERIOR	Other
HEAT	Baseboard, Electric, Natural Gas
LOT	1742 sq ft
LOT DESCRIPTION	Cleared, Level
LOT DIMENSIONS	0.04
PARKING	None, No Garage
SEWER	Public Sewer
STYLE	Apartment 4 Plus Unit
SUBDIVISION	Little Italy
TAXES	6150
UTILITIES	Sewer Connected
WATER	Public

Location

 

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