Three-Unit Brick
151 Jackson Street Troy, NY 12180
151 Jackson Street, Troy, NY, 12180
$340,000
For Sale
$340,000
Free-standing brick triplex with separate utilities and in-unit laundry in each unit.
Property Size2,919 SF
Price / SF$116.48
Days on Market81
Property Features for 151 Jackson Street
General Information
- Standard status
- Active
- Size
- 2,919 SF
- Property subtype
- Multi Family / Triplex
Building Details
- Year Built
- 1890
Listing agency
KW Platform
(518) 937-3252
Listed by
Luke Khachadourian · License #10301219050
(518) 937-3252
Source
Compass
Added: May 4 Updated: Jul 23 at 5:32AM Checked: Jul 23 at 5:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Platform
Investment Insights
Based on property information with market context.
This well maintained, free-standing brick triplex offers three residential units with spacious layouts. Each unit is supported by separate utilities, and all three homes include in-unit laundry for added day-to-day convenience.
The property is located at 151 Jackson Street in Troy, NY, next to Hope Park and near downtown Troy. It is also positioned close to RPI, shopping, and major transportation routes.
For investors or owner-occupants, the overall configuration provides independent living arrangements within a single building, while the utility setup and in-unit laundry can simplify day-to-day management and resident experience.
The property is located at 151 Jackson Street in Troy, NY, next to Hope Park and near downtown Troy. It is also positioned close to RPI, shopping, and major transportation routes.
For investors or owner-occupants, the overall configuration provides independent living arrangements within a single building, while the utility setup and in-unit laundry can simplify day-to-day management and resident experience.
Key Highlights
- Free‑standing brick 3‑unit triplex building (Year built: 1890)
- Separate utilities for each unit
- In‑unit laundry in each unit (laundry closet)
Local Financial Insights For Apartment 5plus
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 | $59.5k | $20.40 |
| − Vacancy | −$2.9k | −$0.98 |
| EGI | $56.7k | $19.42 |
| − OpEx | −$25.5k | −$8.74 |
| NOI | $31.2k | $10.68 |
2,919 SF · lease $20.40/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$481.5K
$421.3K – $561.8K
NOI $33,705 @ 7.0% cap · market cap 9.91%
Second Best
Apartment 5plus
$445.4K
$389.7K – $519.7K
NOI $31,179 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$910.9K
$797.0K – $1.06M
NOI $63,760 @ 7.0% cap · market cap 18.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Free-standing brick triplex with separate utilities and in-unit laundry in each unit.
Where is this triplex located?
The property is located at 151 Jackson Street Troy, NY.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Free‑standing brick 3‑unit triplex building (Year built: 1890); Separate utilities for each unit; In‑unit laundry in each unit (laundry closet)
