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Three-Family Residential Income Property

65 13th Street Troy, NY 12180

65 13th Street, Troy, NY, 12180
$469,000
For Sale
$469,000

MULTI_FAMILY - Troy, NY

Property Size2,836 SF
Lot Size0.11 Acres
Price / SF$165.37
Days on Market121

Property Features for 65 13th Street

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Zoning
Multi Residence
Bedrooms
10
Bathrooms
3
Rooms
Bathroom 2, Bedroom 3, Bedroom 9, Bedroom 5, Bedroom 10, Bedroom 7, Bathroom 1, Bedroom 8, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 4, Dining Room, Bedroom 1
Parking
7
Parking features
Off Street, Garage
Window features
ENERGY STAR Qualified WIndows, Double Pane Windows
Interior features
High Speed Internet, Ceramic Tile Bath
Fireplace
1
Basement
Apartment, Finished, Exterior Entry, Full
Standard status
Active
APN
381700 101.63-4-9
Size
2,836 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
6121

Utilities

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

Building Details

Year built
1890
Number of units
3
Flooring type
Hardwood, Carpet, Vinyl
Building materials
Asbestos
Roof type
Rubber, Shingle, Fiberglass
Listing agency Bryce Real Estate Inc
Listed by Maury A Kimmel · License #10301207161
Added: Mar 24 Updated: Jul 17 at 2:30PM Checked: Jul 22 at 4:06AM
MLS# 202613845

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.


Investment Insights

Based on property information with market context.

This 3-family residential income property includes a 5-bedroom unit, a 4-bedroom unit, and a 1-bedroom unit. The home features an attached 1-car garage and on-site parking for up to 6 cars. Updates include windows, roofs, kitchens, and appliances, along with 3 washers and 3 dryers. Interior details include tin ceilings and ornamental fireplaces, and the units are described as furnished.

Located at 65 13th Street in Troy, NY, the property is listed as being one block from Campus. Zoning is Multi Residence.

With multiple bedroom configurations across three separate apartments, the building offers a straightforward income-producing layout for a residential portfolio.

Key Highlights

  • 3‑family home built in 1890 with 10 bedrooms and 3 bathrooms, plus a dining room
  • Off‑street parking with 1‑car garage and parking for up to 6 cars; 1 block from campus
  • Income details listed: currently $4,135 at partial occupancy and potentially $7,000/month at full occupancy

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 $49.3k $17.40
− Vacancy −$2.6k −$0.90
EGI $46.8k $16.50
− OpEx −$14.0k −$4.95
NOI $32.7k $11.55
2,836 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$467.8K
$409.3K – $545.8K (±1% cap)
NOI $32,746 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$432.8K
$378.7K – $504.9K (±1% cap)
NOI $30,293 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$885.0K
$774.3K – $1.03M (±1% cap)
NOI $61,947 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy Electrical Service Veterinary Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pet Grooming Service Skin Care Clinic

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

FAQs

What type of property is this?
Triplex - Three-unit property with updated windows, roofs, kitchens, and appliances, plus parking for up to six cars.
Where is this triplex located?
The property is located at 65 13th Street Troy, NY.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 3‑family home built in 1890 with 10 bedrooms and 3 bathrooms, plus a dining room; Off‑street parking with 1‑car garage and parking for up to 6 cars; 1 block from campus; Income details listed: currently $4,135 at partial occupancy and potentially $7,000/month at full occupancy
Contact an agent
More about this property
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