Renovated Multifamily
For Sale
$220,900
Pending
307 4th Street, Troy, NY 12180
Tenant-occupied asset with upgraded systems and an additional parcel included in the sale.
Property Size1,780 SF
Days on Market54
Property Features for 307 4th Street
General Information
Standard status
Pending
Size
1,780 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,409
Building Details
Year Built
1890
Listing Agency:
Empire Real Estate Firm LLC
Listed By:
Arielle Roberts · License #10401367127
(518) 937-3950
Source:
Capmarkrealty
Added: Aug 28
Changed: Oct 9
Last Checked: Oct 19 at 3:53AM
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 Empire Real Estate Firm LLC
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Investment Insights
Based on property information with market context.
This 1,780-square-foot multifamily property, built in 1890, has undergone substantial updates. Improvements include two new electric water heaters, upgraded electrical wiring, new plumbing, reinforced support beams, and a newly built exterior staircase. The interior includes spacious bedrooms, well-lit living areas, and additional outdoor space in the backyard.
The sale also includes a separate parcel where a garage previously stood. Future residential development may be possible, subject to municipal approvals. The property is currently tenant-occupied and includes rental income, while its multifamily configuration may also offer flexibility for an owner-occupant. Located at 307 4th Street in Troy, the property is near bus routes and a few blocks from Washington Park.
The sale also includes a separate parcel where a garage previously stood. Future residential development may be possible, subject to municipal approvals. The property is currently tenant-occupied and includes rental income, while its multifamily configuration may also offer flexibility for an owner-occupant. Located at 307 4th Street in Troy, the property is near bus routes and a few blocks from Washington Park.
Key Highlights
- 1,780 SF multifamily property built in 1890
- Two new electric water heaters, updated wiring, and new plumbing
- Reinforced support beams and newly constructed exterior staircase
Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,107
Businesses Nearby
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Business Placement
Demographics for 12180, NY
55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Tenant-occupied asset with upgraded systems and an additional parcel included in the sale.
Where is this multifamily property located?
The property is located at 307 4th Street Troy, NY.
What is the asking price?
The asking price for this property is $220,900.
What are key features of this property?
This property features: 1,780 SF multifamily property built in 1890; Two new electric water heaters, updated wiring, and new plumbing; Reinforced support beams and newly constructed exterior staircase
