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$639,000
14 Beds 6 Baths 202614113 MLS
Welcome to 278-280 4th Street, a Six unit multi-family investment opportunity in the heart of Little Italy in Troy. This property features separate utilities for all units, making management simple and expenses easier to allocate. It is almost fully rented, offering immediate income potential and strong cash flow for investors seeking a stabilized asset. The building includes a mix of 2 bed and 3 bed units, many of which have been recently renovated, reducing near term capital needs while enhancing tenant appeal. Tenants also enjoy access to a shared backyard, providing outdoor space that adds to the property's desirability. 278-280 4th St is just half a block from the beloved DeFazio's Pizzeria, a destination that draws consistent activity to the area. Residents also benefit from close proximity to downtown Troy's restaurants, shops, farmers market, and entertainment options, plus convenient access to major roadways for commuting. As an added opportunity, this property is part of a 14-unit investment portfolio, with all buildings located within close walking distance. All units across the portfolio feature separate utilities, allowing for simplified management and cleaner expense allocation. The portfolio is being offered together for $1,534,000, presenting a rare opportunity for investors to acquire multiple assets in one concentrated location, supporting operational efficiency and streamlined management. Additional properties included in this portfolio are listed below. 308 4th Street (3 Units) 276 3rd Street (5 Units)

278-280 4th Street

$615,000
5 Beds 4 Baths 202529053 MLS
Open House 11/8 (Saturday) 1pm-3pm Step into timeless elegance with this beautifully restored Victorian home in the heart of Troy. Featuring 5 bedrooms and 3.5 baths, this residence perfectly blends historic charm with modern comfort. The current owners completely gutted and renovated the home, thoughtfully preserving its original architectural details—soaring ceilings, intricate trim work, and stunning woodwork—all kept in pristine condition. Every element has been carefully considered, with no detail overlooked. Throughout the home, you'll find gorgeous views of the Hudson River, visible from multiple rooms—including the kitchen, where the scenery provides a beautiful and serene backdrop for everyday living. It's easy to get lost in the view and appreciate just how special this home is. Recent updates include a brand-new roof, freshly painted exterior, a new multi-zone heating system with a brand-new boiler, and a washer/dryer that's only one year old—offering both efficiency and peace of mind. The third floor offers an exciting opportunity for the next owner—it's currently unfinished and ready to be transformed into additional living space, a studio, or whatever fits your vision best. This is a move-in-ready home that captures the warmth and craftsmanship of its era while offering the comfort and reliability of modern living. Whether you're drawn to its rich history, its thoughtful restoration, or its breathtaking river views, 65 2nd Ave is a rare opportunity to own a piece of Troy's architectural heritage.

65 2nd Avenue

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5000+ Sq. Ft. Troy Real Estate

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