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Three-Family Residential Building

65 13TH Street Troy, NY 12180

65 13TH Street, Troy, NY, 12180
$495,000
For Sale
Claim this Listing
$495,000

Three-unit property with updated interiors, multiple laundry units, and off-street parking for up to six cars.

Property Size2,836 SF
Price / SF$174.54
AddedMar 24
Days on Market115
Last RefreshJul 16 at 2:17 am

Property Features for 65 13TH Street

General Information

Standard status
Active
Size
2,836 SF
Property subtype
Multi-family

Building Details

Year Built
1890

Listing office Bryce Real Estate Inc

Listing date Mar 24, 2026

Source Signatureonerealtygroup

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 Bryce Real Estate Inc


Investment Insights

Based on property information with market context.

This for-sale three-family residential building offers three distinct apartments: one 5-bedroom unit, one 4-bedroom unit, and one 1-bedroom unit. A 1-car garage is included, along with parking for up to 6 cars. The property has been updated with windows, roofs, kitchens, and appliances, and features three washers and three dryers. Interior character includes tin ceilings and ornamental fireplaces, and the units are furnished.

The building is located about one block from campus, supporting convenient day-to-day access for residents.

At partial occupancy, current monthly income is $4,135, with the remarks indicating potential monthly income of $7,000 at full occupancy.

Key Highlights

  • 3‑unit property built in 1890
  • Unit mix includes a 5‑bedroom, 4‑bedroom, and 1‑bedroom apartment
  • Off‑street parking available for up to 6 cars, plus a 1‑car garage

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 6.62%
Second Best
Apartment 5plus
$432.8K
$378.7K – $504.9K (±1% cap)
NOI $30,293 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$885.0K
$774.3K – $1.03M (±1% cap)
NOI $61,947 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

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 interiors, multiple laundry units, and off-street 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 $495,000.
What are key features of this property?
This property features: 3‑unit property built in 1890; Unit mix includes a 5‑bedroom, 4‑bedroom, and 1‑bedroom apartment; Off‑street parking available for up to 6 cars, plus a 1‑car garage
Contact an agent
More about this property
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