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    Three-Family Residential Income Property Title is generated by Realmo AI

    65 13th Street, Troy, NY 12180

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    Claim this Listing
    For Sale
    $498,000

    MULTI_FAMILY - Troy, NY

    Property size:
    2,836 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $175/SF
    Added:
    Mar 24, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 28 at 3:06 pm

    Property Features for 65 13th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi Residence
    Bedrooms
    10
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 10, Bedroom 9, Bedroom 6, Bedroom 4, Bedroom 7, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 5, Bedroom 8, Bedroom 3, Dining Room, Bathroom 1
    Parking
    7
    Parking features
    Off Street, Garage
    Window features
    ENERGY STAR Qualified WIndows, Double Pane Windows
    Interior features
    High Speed Internet, Ceramic Tile Bath
    Fireplace
    1
    Basement
    Finished, Exterior Entry, Full, Apartment
    Standard status
    Active
    APN
    381700 101.63-4-9
    Size
    2,836 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6121

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1890
    Number of units
    3
    Flooring type
    Carpet, Vinyl, Hardwood
    Building materials
    Asbestos
    Roof type
    Rubber, Fiberglass, Shingle

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    Maury A Kimmel
    Maury A Kimmel

    Listing agent Maury A Kimmel License #10301207161

    Listing office Bryce Real Estate Inc 9 Duncan Ln, Troy, NY

    Listing date Mar 24, 2026

    MLS# 202613845 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

    • 3‑family home built in 1890 with a mix of bedroom units: 5‑bedroom, 4‑bedroom, and 1‑bedroom apartment
    • Parking includes a 1‑car garage plus space for up to 6 cars
    • Income figures listed: $4,135/month at partial occupancy and potentially $7,000/month at full occupancy
    • Updates mentioned include windows, roofs, kitchens, and appliances, plus 3 washers and 3 dryers
    • Features include high‑speed internet and ceramic tile bath
    • Interior character includes tin ceilings and ornamental fireplaces

    Overview

    This property is a three-family residential income building offering three separate apartments, including a 5-bedroom unit, a 4-bedroom unit, and a 1-bedroom unit. The home includes a 1-car garage and on-site parking for up to 6 cars. Recent updates noted include updated windows, roofs, kitchens, and appliances, along with three washers and three dryers. Interior details include tin ceilings and ornamental fireplaces.

    Located at 65 13th Street in Troy, the property is described as being about one block from Campus. It is positioned on a small lot measuring 0.11 acres, with a total building area of 2,836 square feet.

    This configuration can fit investors or owner-operators looking for a three-unit setup with multiple bedroom layouts across the building. The updates and presence of laundry in each unit are practical considerations for day-to-day resident experience, while the garage and parking supply an additional amenity for tenants who drive.

    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 6.58%
    Second Best
    Apartment 5plus
    $432.8K
    $378.7K – $504.9K (±1% cap)
    NOI $30,293 @ 7.0% cap · market cap 6.08%
    Theoretical Best
    Office A
    $885.0K
    $774.3K – $1.03M (±1% cap)
    NOI $61,947 @ 7.0% cap · market cap 12.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.680019
    Latitude
    42.726466

    FAQs

    What type of property is this?
    Triplex - Well-maintained three-family building with updated interiors and in-unit laundry, plus garage and multi-car parking.
    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 $498,000.
    What are key features of this property?
    This property features: 3‑family home built in 1890 with a mix of bedroom units: 5‑bedroom, 4‑bedroom, and 1‑bedroom apartment; Parking includes a 1‑car garage plus space for up to 6 cars; Income figures listed: $4,135/month at partial occupancy and potentially $7,000/month at full occupancy
    More about this property
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