278-280 4th Street
Troy, NY 12180
14
Bed
6
Bath
5,121Sqft
0.08Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 14Bathroom Information
Total Baths: 6 Full Baths: 6Room Information
Has Basement: Yes Basement: Exterior Entry, Full, Unfinished, Walk-Out Access -
Flooring Information
Vinyl, Tile, Carpet -
Roofing Information
Rubber -
Interior Features
Roof: Rubber -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Electric, Natural Gas Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1890 Construction Materials: Brick Private Pool: No -
Exterior Features
Exterior Features: Garden
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Lot Information
Lot Dimensions: 40x85 Main Square Feet: 0.08 Acres Lot Size Acres: 0.08 Lot Size Square Feet: 3484.8 Lot Description: Level, Landscaped, ClearedProperty Information
Subdivision: Little Italy Source Property Type: Residential Income Property SubType: Multi Family Property Age: 136
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Listing Price Information
Listing Price: $688000
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Tax Information
Parcel Number: 381700 101.77-9-28.1 Tax Lot: 28.001 Tax Block: 9 Annual Tax: $7000
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Parking Information
None, No Garage
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Utility Information
Sewer Connected -
Location Information
Direction: From downtown Troy, head north on 4th Street. Continue past the intersection with Federal Street, and the property will be on your right-hand side in the Little Italy neighborhood. Street parking is available nearby for easy access. WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 677 Pawling Avenue, Troy, NY, 12180 | $375,000 | 8 | 3 | 4,326 | 4,326 SqFt |
| 36 Central Avenue, Troy, NY, 12180 | $389,900 | 4 | 4 | 2,324 | 2,324 SqFt |
| 27 Excelsior Avenue, Troy, NY, 12180 | $309,000 | 6 | 2 | 2,248 | 2,248 SqFt |
| 516 Pawling Avenue, Troy, NY, 12180 | $265,000 | 6 | 2 | 3,175 | 3,175 SqFt |
| 303 Spring Avenue, Troy, NY, 12180 | $390,000 | 6 | 2 | 2,690 | 2,690 SqFt |
| 190 Spring Avenue, Troy, NY, 12180 | $329,900 | 4 | 2 | 2,276 | 2,276 SqFt |
| 338 Taylor Court, Troy, NY, 12180 | $360,000 | 6 | 2 | 2,810 | 2,810 SqFt |
| 1609 Highland Avenue, Troy, NY, 12180 | $449,000 | 8 | 2 | 2,908 | 2,908 SqFt |
| 23-25 Prospect Avenue, Troy, NY, 12180 | $630,000 | 7 | 4 | 4,173 | 4,173 SqFt |
| 2209 16th Street, Troy, NY, 12180 | $750,000 | 8 | 7 | 3,384 | 3,384 SqFt |
Similar Multifamily To 278-280 4th Street
Nearby For Sale
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ByOwner last updated this listing 07/18/2026 @ 09:04
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