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    Historic Three-Unit Row Home Title is generated by Realmo AI

    107 Washington Street, Troy, NY 12180

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    Claim this Listing
    Pending
    $425,000

    MULTI_FAMILY - Other - Troy, NY

    Property size:
    3,064 SF
    Lot size:
    0.04 Acres
    Added:
    Jun 15, 2026
    Days on Market:
    22
    Last Refresh:
    Jul 6 at 10:06 am

    Property Features for 107 Washington Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
    Patio and Porch features
    Deck
    Exterior features
    Garden
    Fireplace
    1
    Basement
    Full, Unfinished, Interior Entry
    Standard status
    Pending
    APN
    381700 100.76-10-1.13
    Size
    3,064 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8409

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Natural Gas, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    3
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Rolled Hot Mop
    Architectural style
    Other

    We can help!

    Contact an agent
    Johanna Clarke

    Listing agent Johanna Clarke License #10401291706

    Listing office Field Realty 281 Rt 2, Latham, NY

    Listing date Jun 15, 2026

    MLS# 202619700 Listing URL

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Three‑unit brick row home in historic Downtown Troy, steps from Washington Park
    • Hardwood floors throughout with rooms including 5 bedrooms and 3 bathrooms listed
    • Each apartment has separate utilities and a private deck
    • Fireplace included; roof type is rolled hot mop
    • Heating includes natural gas with hot water heat and baseboard systems
    • Public water and public sewer; regular maintenance includes 2 new boilers

    Overview

    This historic brick row home is configured as three units, and the property is currently being operated as a two-unit setup with an adjoined arrangement on the 2nd and 3rd floors. Interiors feature hardwood floors and original character details, and updates are reflected in the kitchens and baths. The home has separate utilities for each unit, and each unit includes a private deck. Maintenance and system readiness are supported by the presence of two new boilers. The property will be delivered vacant at closing, giving an owner-occupant or investor flexibility to enjoy the current two-unit configuration or convert back to a traditional three-unit layout.

    Located at 107 Washington Street in Troy, New York, the home sits in the heart of historic Downtown Troy and is described as just steps from Washington Park. The surrounding area provides walkable access to dining, shopping, a farmers market, arts activity, neighborhood parks, and other downtown attractions.

    For tenants, the separate utilities and private deck space support independent day-to-day living. For buyers, the vacant delivery and documented boiler updates can simplify near-term move-in planning, while the layout choice between a two-unit adjoined configuration and a traditional three-unit arrangement allows the space to fit different occupancy strategies.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $53.3k $17.40
    − Vacancy −$2.8k −$0.90
    EGI $50.5k $16.50
    − OpEx −$15.2k −$4.95
    NOI $35.4k $11.55
    3,064 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $505.4K
    $442.2K – $589.7K (±1% cap)
    NOI $35,379 @ 7.0% cap · market cap 8.32%
    Second Best
    Apartment 5plus
    $467.5K
    $409.1K – $545.5K (±1% cap)
    NOI $32,728 @ 7.0% cap · market cap 7.70%
    Theoretical Best
    Office A
    $956.1K
    $836.6K – $1.12M (±1% cap)
    NOI $66,927 @ 7.0% cap · market cap 15.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Travel Agency Cosmetic Store (Bike/Boat/Book/etc) Store Tech Support Center Car Rental Facility Nursing Home Arcade & Gaming Center Veterinary Clinic Clothing & Fashion Store Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.693901
    Latitude
    42.724581

    FAQs

    What type of property is this?
    Triplex - Three-unit brick row home with separate utilities and private deck space, offered vacant and ready for occupancy at closing.
    Where is this triplex located?
    The property is located at 107 Washington Street Troy, NY.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Three‑unit brick row home in historic Downtown Troy, steps from Washington Park; Hardwood floors throughout with rooms including 5 bedrooms and 3 bathrooms listed; Each apartment has separate utilities and a private deck
    More about this property
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