388 1st Street, Troy, NY 12180

New - 35 Hours Ago

5 Photos

Property Description

Four-Unit Investment Opportunity in Troy, NY!Discover the investment potential of this four-unit multifamily property located at 388 1st Street in Troy, New York. Offering four residential units under one roof, this property presents an opportunity for investors seeking rental income, portfolio expansion, or an owner-occupied investment.Situated in Troy's historic urban setting, the property offers convenient access to downtown Troy, local restaurants, shopping, neighborhood amenities, and the Hudson River waterfront. The surrounding area features a mix of historic architecture, traditional residential properties, and established city neighborhoods.With proximity to Rensselaer Polytechnic Institute (RPI), Russell Sage College, and major Capital Region employment centers, Troy offers a diverse rental market. Convenient connections to Albany, Watervliet, and surrounding communities add to the property's appeal.Whether you're an experienced investor or looking to enter the multifamily market, 388 1st Street offers an opportunity to explore the potential of a four-unit property in New York's Capital Region. Schedule your private showing today!

388 1st Street | MLS# 1069658

This multi-family property located at 388 1st Street, Troy, NY 12180 is currently listed for sale with an asking price of $245,000. 1st Street is located within the Troy school district. Search Troy real estate on blake-hitt.timberlandproperties.com today.

Gallery

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Multi Units
Heating: Natural Gas
Taxes: $2,833
Year Built: 1920

Amenities

First Floor Full Bath

Feature Descriptions

Days on Site: 1
Exterior: Aluminum Siding, Frame
On Market Date: 2026-11-02
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 4
Utilities: Natural Gas Connected
Water: Public

Local Schools

High School: Troy High School
Middle School: Troy Middle School
Elementary School: Carroll Hill School
School District: Troy

Estimate Your Payment

Estimated Payment

$ 852.81 per month $545.26 Principal & Interest $236.08 Property Tax $71.46 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Rlty Landmark
Agency Contact: 718-475-2700

Shown By

Agent Name: Blake Hitt
Agent Phone: (607) 434-8219
Agency Title: Timberland Properties

IDX logo

Login to My Homefinder