240 4th Street, NY 12180

$254,500
6
BD
2
BA
2,024
SqFt

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Sold Price
$254,500
List Price
$240,000
Closing Date
Jul 17, 2026
MLS#
202617906
Style
Traditional
Bedrooms
6
Bathrooms
2
Subdivision
Select One

Property Description

Live in the heart of Little Italy and right around the corner from Washington Park and take advantage of an opportunity that blends lifestyle and income potential. This well-maintained two-family property offers a proven rental history, a strong 9% cap rate and one open unit, making it appealing for investors and owner-occupants. Each unit features three spacious bedrooms, updated kitchens, and abundant natural light. Separate utilities provide efficiency and ease of management, while the basement laundry adds convenience for all residents. If that's not enough, the walk-up attic presents valuable unfinished space, ideal for a home office or studio. Enjoy a highly walkable location near Troy's thriving downtown, with easy access to local shops, restaurants, HVCC, Rensselaer Tech Park, the Hudson Mohawk Bike Trail, and CDTA transit lines. Combined with low taxes, this property delivers both immediate returns and long-term potential. Schedule your showing today!

Additional Information

Taxes
$4,252
Acres
0.07
Lot Dimensions
25 x 130
Lot Description
Level
School District
Troy
Heating
Hot Water, Space Heater
Cooling
None
Exterior Features
None
Construction
Brick
Roof
Asphalt
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of listing agent Heather Hamlin Martin with KW Platform Brokerage, 518-308-8986.

Selling Office: Howard Hanna Capital Inc.

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