Two-Family Property in Little
240 4th Street, Troy, NY 12180
New
MULTI_FAMILY - Other - Troy, NY
Property size:
2,024 SFLot size:
0.07 AcresPrice / SF:
$118/SF- Added:
- May 22, 2026
- Days on Market:
- 2
- Last Refresh:
- May 23 at 4:06 pm
Property Features for 240 4th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 3
- Patio and Porch features
- Porch
- Basement
- Full
- Standard status
- Active
- APN
- 381700 101.69-17-11
- Size
- 2,024 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4252
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Space Heater, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1910
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Heather Hamlin Martin License #10301219767 (518) 308-8986
Listing office KW Platform 935 New Loudon Rd, Latham, NY (518) 724-5800
Listing date May 22, 2026
MLS# 202617906
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
- Strong income potential with an attractive 9% cap rate and proven rental history.
- Two‑family property ideal for investors or owner‑occupants; one unit is currently open.
- Highly walkable location in Little Italy, near Washington Park and Troy's downtown, offering access to amenities and transportation.
- Each unit features three spacious bedrooms and updated kitchens.
- Separate utilities for each unit provide ease of management.
- Unfinished walk‑up attic offers potential for a home office or studio.
Overview
Located in the heart of Little Italy, this well-maintained two-family property offers a blend of lifestyle and income potential. Each unit features three spacious bedrooms and updated kitchens. Abundant natural light fills each unit. Separate utilities provide efficiency and ease of management. A basement laundry adds convenience for all residents. The walk-up attic presents valuable unfinished space, ideal for a home office or studio. The property has a proven rental history and a strong 9% cap rate. One unit is currently open. The property is located near Washington Park and Troy's thriving downtown, with easy access to local shops, restaurants, HVCC, Rensselaer Tech Park, the Hudson Mohawk Bike Trail, and CDTA transit lines. The lot size is 0.07 acres and the property size is 2024 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Albany
- State
- New York
- Longitude
- -73.690246
- Latitude
- 42.724011
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained two-family property near Washington Park with income potential.
Where is this duplex located?
The property is located at 240 4th Street Troy, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Strong income potential with an attractive 9% cap rate and proven rental history.; Two‑family property ideal for investors or owner‑occupants; one unit is currently open.; Highly walkable location in Little Italy, near Washington Park and Troy's downtown, offering access to amenities and transportation.
