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1302 5th Avenue

Troy, NY 12180
Mark as Favorite
Bed 6

Bed

Bath 1

Bath

SqFt1,625

Sqft

Acres0.03

Acre(Lot)

Investors and owner-occupants, take notice! Located at 1302 5th Avenue in Troy, this two-family property offers two 3-bedroom, 1-bath units and an excellent opportunity for rental income in a convenient Capital Region location. Both units feature a kitchen, living room, full bath, refrigerator, stove and washer/dryer hookups. Separate electric and gas utilities provide an attractive setup for investors, with tenants responsible for cable, electricity and heat. The property also offers forced-air heating, a walk-out basement, public water and sewer, 100-amp electrical service and a level 0.23-acre lot. Expected market rents were discussed at approximately $1,300-$1,600 per month per unit. Current cap-rate projections discussed range from approximately 10.2% at the low-market scenario to 13. 4% at the high-market scenario, with an estimated cap rate of 11.8%. Buyers should independently verify rental income, expenses and cap-rate calculations. The property is ideally positioned near downtown Troy and the popular Little Italy neighborhood, offering convenient access to restaurants, shopping, entertainment, employment centers and city amenities. Located within the Troy City School District, residents have access to Troy's public school system. Recreation is nearby, including Frear Park with golf, tennis, fields, playgrounds and seasonal activities, as well as Prospect Park and its outdoor amenities. With two 3-bedroom units, separate utilities and strong rental potential, 1302 5th Avenue offers versatility for investors seeking income-producing real estate or owner-occupants looking to offset housing costs. Light staging can help showcase the vacant rooms, layout and potential of each unit.

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Detail Ic Property Details

Property Type : Residential Income

Price : $225,000

AD Id : 90096470

MLS Id : 202624811

Beds : 6

Lot Size : 0.03 Acre

Living Area Size : 1,625

Year Built : 1910

County : Rensselaer

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: Walk-Out Access
  • Roofing Information

    Flat, Rubber
  • Interior Features

    Roof: Flat, Rubber
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Cooling: None

  • Building Information

    Year Built: 1910 Construction Materials: Brick Patio And Porch Features: None Private Pool: No View: None
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 0.03 Acres Lot Size Acres: 0.03 Lot Size Square Feet: 1306.8 Lot Description: Level

  • Listing Price Information

    Listing Price: $225000

  • Tax Information

    Parcel Number: 381700 101.69-13-17 Tax Lot: 17.000 Tax Block: 13 Annual Tax: $3883.56

  • Parking Information

    None, No Garage

  • Utility Information

    Sewer Connected
  • Location Information

    Direction: Ferry St. to right on 5th Avenue WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
677 Pawling Avenue, Troy, NY, 12180 $375,000 8 3 4,326 0.10 Acre
27 Excelsior Avenue, Troy, NY, 12180 $309,000 6 2 2,248 0.11 Acre
516 Pawling Avenue, Troy, NY, 12180 $250,000 6 2 3,175 0.10 Acre
23-25 Prospect Avenue, Troy, NY, 12180 $630,000 7 4 4,173 0.19 Acre
2209 16th Street, Troy, NY, 12180 $720,000 8 7 3,384 0.22 Acre
44 Christie Street, Troy, NY, 12180 $285,000 4 2 1,848 0.12 Acre
2204 14th Street, Troy, NY, 12180 $249,900 4 2 1,958 0.06 Acre
86 14th Street, Troy, NY, 12180 $409,900 8 2 1,764 0.06 Acre
2165 14th Street, Troy, NY, 12180 $597,800 12 3 3,172 0.10 Acre
13 13th Street, Troy, NY, 12180 $329,000 7 3 3,161 0.11 Acre

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ByOwner last updated this listing 08/31/2026 @ 23:46

MLS: 202624811 LISTED BY: Joseph Cardinale, Howard Hanna Capital Inc 518-371-4500 SOURCE: Global MLS

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