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Turnkey Mixed-Use Triplex

1 Lincoln Avenue, Troy, NY 12180

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For Sale

$325,000

MULTI_FAMILY - Other - Troy, NY

Property size:

2,262 SF

Lot size:

0.09 Acres

Price / SF:

$143/SF

HighLights

Three‑unit mixed‑use property (MU1 zoning) in Troy with 2 residential apartments plus a third unit suited for commercial/office/studio use
Renovated interiors across all units, including renovated kitchens and bathrooms, new LVP flooring, new doors, and fresh paint
1‑bedroom unit rented for $1,000 per month; two other units are vacant
Built in 1890 with brick and vinyl siding exterior, plus recently painted exterior
Heating includes natural gas and radiant; public water and public sewer

We can help!

Contact an agent

Thaddeus Jones

For Sale

$325,000

MULTI_FAMILY - Other - Troy, NY

Property size:

2,262 SF

Lot size:

0.09 Acres

Price / SF:

$143/SF

Added:: Jun 13, 2026
Days on Market:: 20
Last Refresh:: Jul 2 at 10:06 pm

Property Features for 1 Lincoln Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 7
Bathrooms: 3
Rooms: Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 7, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 5
Basement: Interior Entry, Unfinished
Standard status: Active
APN: 381700 111.44-9-1
Size: 2,262 SF
Lot size: 0.09 Acres

Taxes and HOA fees

Tax Annual Amount: 3319

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Radiant
Water source: Public

Building Details

Year built: 1890
Number of units: 3
Building materials: Brick, Vinyl Siding
Architectural style: Other

We can help!

Contact an agent

Thaddeus Jones

Listing agent Thaddeus Jones License #10301220962

Listing office KW Platform 935 New Loudon Rd, Latham, NY

Listing date Jun 13, 2026

MLS# 202619654 Listing URL

HighLights

Three‑unit mixed‑use property (MU1 zoning) in Troy with 2 residential apartments plus a third unit suited for commercial/office/studio use
Renovated interiors across all units, including renovated kitchens and bathrooms, new LVP flooring, new doors, and fresh paint
1‑bedroom unit rented for $1,000 per month; two other units are vacant
Built in 1890 with brick and vinyl siding exterior, plus recently painted exterior
Heating includes natural gas and radiant; public water and public sewer

Overview

This mixed-use triplex is configured with two residential apartments and a third unit that can support commercial space, office use, or a studio, depending on the operator’s needs. The property has been extensively updated throughout, including renovated kitchens and bathrooms, new LVP flooring, new doors, and fresh paint in all units. The exterior has also been freshly painted to support long-term, lower-maintenance presentation.

The building is located at 1 Lincoln Avenue in Troy, NY. The property is identified under MU1 zoning, aligning with the mixed-use flexibility described for the third unit.

From a tenant or owner-occupant standpoint, this setup can work for someone seeking rental income alongside space for their own business or professional operations. The one-bedroom unit is currently rented for $1,000 per month, while the other two units are vacant. Please note that closing cannot occur until November 2026 due to the seller’s current financing commitments.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Troy
County: Albany
State: New York
Longitude: -73.694269
Latitude: 42.713025

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For sale
Triplexes
NY
Troy
12180
1 Lincoln Avenue

What type of property is this?

Triplex - Three-unit building with two updated apartments and a flexible third unit for office or commercial use.

Where is this triplex located?

The property is located at 1 Lincoln Avenue Troy, NY.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Three‑unit mixed‑use property (MU1 zoning) in Troy with 2 residential apartments plus a third unit suited for commercial/office/studio use; Renovated interiors across all units, including renovated kitchens and bathrooms, new LVP flooring, new doors, and fresh paint; 1‑bedroom unit rented for $1,000 per month; two other units are vacant

1 Lincoln Avenue, Troy, NY 12180

MULTI_FAMILY - Other - Troy, NY

Property Features for 1 Lincoln Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Masonry Assembly and Classroom Facility

Mixed-Use Building with Established Businesses

Troy Car Wash For Sale

Turnkey Restaurant with Takeout

Turnkey Restaurant with Owner Apartment

Meticulously Maintained Apartment Building

Mixed-Use Building with Storefront and Apartments

Furnished Student Rental Duplex

Move-In Ready Two-Family Home

Well-Maintained Triplex with Updates

Multi-Unit Building with Storefronts

Troy Car Wash For Sale

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