



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!
| Type | School name | District name |
|---|---|---|
| High | Troy High School | Not available |
| Not available | Not available | Not available |
| Elementary | Carroll Hill School | Not available |
| Not available | Not available | Not available |
| Middle | Troy Middle School | Not available |
| Not available | Not available | Not available |
| Juniorhigh | Troy Middle School | Not available |
| Not available | Not available | Not available |
| Year | Tax amount | |
|---|---|---|
| 2026 | USD $2833 | NZD $5,111* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Keller Williams Rlty Landmark
Property ID: 110121014916
Original Property ID: 3yd-MLSLINY-1069658