Three-Family Residential
65 13TH Street Troy, NY 12180
65 13TH Street, Troy, NY, 12180
$495,000
For Sale
$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
Days on Market120
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 agency
Bryce Real Estate Inc
Listed by
Maury A Kimmel
(518) 639-4663
Source
Signatureonerealtygroup
Added: Mar 24 Updated: Jul 16 at 2:17AM Checked: Jul 19 at 6:05AM
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.
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
NOI $32,746 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$432.8K
$378.7K – $504.9K
NOI $30,293 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$885.0K
$774.3K – $1.03M
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
Similar For Sale Nearby
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
