276 3rd St

2,898 Sq. Ft.
$181 / Sq. Ft.
2,898
Sq. Ft.
$181
per Sq. Ft.

Description

Welcome to 276 3rd Street, a Five unit multi-family opportunity in the heart of Little Italy in Troy. Each unit has separate utilities, allowing for simplified management and cleaner expense allocation. For sure a solid addition to an investment portfolio with strong fundamentals and long term potential. All units are configured as 2 bed, 1 bath, a unit mix that is typically easier to lease and appeals to a wide range of tenants. The property also presents value-add potential for investors looking...Welcome to 276 3rd Street, a Five unit multi-family opportunity in the heart of Little Italy in Troy. Each unit has separate utilities, allowing for simplified management and cleaner expense allocation. For sure a solid addition to an investment portfolio with strong fundamentals and long term potential. All units are configured as 2 bed, 1 bath, a unit mix that is typically easier to lease and appeals to a wide range of tenants. The property also presents value-add potential for investors looking to make improvements over time while working toward stabilization. The combination of separate utilities and consistent unit configuration provides operational flexibility.

276 3rd St is just around the corner 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)

278-280 4th Street (6 Units)
  1. Listed by Cristhian Astorga • Lincoln House Realty
    P: (518)-443-9701 C: (518)-443-9701 cristhian@lincolnhouseny.com
  2. Listed by John Alund • Lincoln House Realty
    P: (518)-469-6238 C: (518)-469-6238 johnmalund@gmail.com

Property Details for 276 3rd Street

Architectural Style
Apartment 4 Plus Unit
Zoning
Multi Residence
Waterfront
No
LISTING UPDATED: 04/08/2026 11:43 AM

Property Details for 276 3rd Street

StatusActive
MLS #202614105
Days on Market48
Taxes$6,150 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1890
Lot Size0.04 AC / 1,742 SF
CountyRensselaer County

Location

Listing Courtesy of Lincoln House Realty
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Building Information for 276 3rd Street

Stories-Residences5Year Built1890Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$3,151 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,639

Property Taxes

$513

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 276 3rd Street

Summary
Location and General Information
  • Postal City: Troy
  • Directions: From downtown Troy, head west on 3rd Street. Continue past the intersection with Fulton Street, and the property will be on your left-hand side in the Little Italy neighborhood. Street parking is available nearby for easy access.
  • City: Troy
  • State Or Province: NY
  • Postal Code: 12180
  • County Or Parish: Rensselaer
  • Locale/Subdivision: Little Italy
  • Latitude: 42.72
  • Longitude: -73.69
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 29.001
  • Tax Block: 8
  • Parcel Number: 381700 101.77-8-29.1
  • Tax Tract: 101.77
  • Tax Annual Amount: $6,150.00
Parking
  • GarageSpaces: .00
  • Attached Garage: No
  • Parking Features: None
School Information
  • School District: Troy
Virtual Tour
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Level, Cleared
  • Year Built: 1890
  • Above Grade Finished Area: 2898.0
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1742.4
Building Information
  • Living Area: 2898.0
Utilities
  • Water Source: Public
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Heat: Yes
Interior and Exterior Features
Exterior Features
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Exterior Features: Other
  • Fencing: Back Yard, Fenced
Interior Features
  • Heating: Baseboard, Electric, Natural Gas
  • Roof: Rubber
  • Flooring: Vinyl, Tile, Carpet
  • Electric: True
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished, Walk-Out Access
  • Construction Materials: Brick
  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 5
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Notational: 5.00
  • Bedrooms Total: 10
  • Bathrooms Full: 5
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses Information
  • Income And Expenses : Rental Income: $71,400.00
  • Income And Expenses : Rental Income Description: Estimated
Unit Information
Unit 1
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dining Room: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
Unit 2
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dining Room: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
Unit 3
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dining Room: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
Unit 4
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dining Room: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
Unit 5
  • Unit Includes : Washer Hookup: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dining Room: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
Rental
Rental Information
  • Tenant Pays: Hot Water, Heat, Internet, Electricity, Gas

Property History for 276 3rd Street

DateEvent & SourcePriceAppreciation
Mar 27, 2026

Listed (Active)

GLOBAL MLS #202614105

$524,000—
Sep 23, 2022

Expired

GLOBAL MLS #202214169

—
Jul 13, 2022

Withdrawn

GLOBAL MLS #202214169

—
DateEvent & SourcePrice
03/27/2026

Listed (Active)

GLOBAL MLS #202614105

$524,000
09/23/2022

Expired

GLOBAL MLS #202214169

—
07/13/2022

Withdrawn

GLOBAL MLS #202214169

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 276 3rd Street

Taxable ValueLand$6,300Additions$119,700Total$126,000
Home Facts
Baths3Total Finished SqFt2,904 SqFtAbove Grade Finished SqFt2,904 SqFtStories3Lot Size1,742 SqFtStyleTriplexYear Built1890ZoningMU1CountyRENSSELAERAPN381700 101.77-8-29.1

Schools near 276 3rd Street

This home is within Troy City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
P.S. 14
PublicPK to 5

Troy Middle School
Public6 to 8

Troy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

276 3rd Street is a multi-family home for sale in Troy, NY 12180. This property was listed for sale on March 27, 2026 by Lincoln House Realty, it's currently listed at $524,000. It has been on the market for a total of 48 days and was last sold on June 30, 2017. This listing's school district is Troy City School District. Nearby schools include P.S. 14, Troy Middle School and Troy High School. 276 3rd Street is a 10-bed, 5-bath, 2,898 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lincoln House Realty

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