278-280 4th Street, Troy, NY 12180

• 14 beds |
• 6 baths |
• 5,121 sqft

Property Description

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) https://www.realtor.com/realestateandhomes-detail/308-4th-St_Troy_NY_12180_M32661-25150 276 3rd Street (5 Units) https://www.realtor.com/realestateandhomes-detail/276-3rd-St_Troy_NY_12180_M95784-19164

Listing Status:

Active

Date Added:

March 30, 2026

Data Last Updated:

April 2, 2026 at 7:37AM

Listing Office:

Lincoln House Realty : 518-469-6238

Listing Agent:

Cristhian Astorga : 518-443-9701

MLS ID:

202614113

Interior

• Basement: UnfinishedWalk-Out AccessFullExterior Entry
• Flooring: CarpetTileVinyl
• A/C: Window Unit(s)
• Heating: ElectricBaseboard

Exterior

• General: GardenShed(s)
• Style: Apartment 4 Plus Unit
• Other Structures: Shed(s)
• Parking: None

Construction

• Roofing: Rubber
• General: BrickBrick/Mortar

Location

• Originating MLS: Global MLS
• School District: Troy
• County: Rensselaer

Lot

• Zoning: Multi Residence381700 101.77-9-28.1
• Fencing: FencedBack Yard

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Global MLS