500 3rd Avenue Troy, NY $ 239,000
500 3rd Avenue
$ 239,000
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500 3rd Avenue

Troy, NY, 12182
$ 239,000
Bedrooms7 Baths2.0 Sq 2,240

Monthly Estimate*

$ 1,472

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Multi-Family Home for sale in Troy, NY

for $239,000 with 7 bedrooms and 2 full baths. This 2,240 square foot home was built in 1889 on a lot size of 0.14.

Investor's Dream or Perfect Owner-Occupant Opportunity! Welcome to this updated and spacious two-family home in the heart of Lansingburgh—an exceptional opportunity for savvy real estate investors or buyers seeking added rental income. Both units are vacant and ready for immediate use, offering flexibility whether you choose to rent both spaces or live in one and lease the other. Recent improvements include new windows, fresh paint, updated kitchen counters and cabinets, and tiled bathrooms with new tubs. The home offers generous living space, providing a solid foundation for further customization. While many updates have been completed, there is still an opportunity to continue enhancing the property and add your personal touch. Situated on a corner, fenced-in lot, the property also features a storage shed, providing additional convenience and value. With its strong rental potential, recent improvements, and appealing location, this two-family home is an ideal addition to your portfolio—or a smart first step into property ownership. Don't miss your chance to secure a property with income potential and room to grow!

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Multi-Family Pending

Price

$ 239,000

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,000

Style

Lot Size

0.14

Year Built

1889

Town/City

Troy

County/Region

Rensselaer

MLS | Web ID

202529195

Features
Interior
Interior Amenities Ceramic Tile Bath
Basement Full
Flooring Vinyl Ceramic Tile Hardwood
Total Fireplaces 0
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features Blinds
Fireplace Y/N N
Above Grade Finished Area 2240.0
Half Baths 0
Laundry Features Gas Dryer Hookup In Bathroom Laundry Room Washer Hookup
Total Bedrooms 7
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 2
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General
Sewer Public Sewer
Heating Baseboard Electric
Cooling None
Possession At Closing
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Rear Porch Enclosed
Architectural Style Other
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Construction Materials Asbestos Masonite
Year Built 1889
Property Subtype Duplex
County Rensselaer
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Other Structures Shed(s)
Full Baths 2
Status Pending
Buyer Financing FHA
Directions From 787 turn right onto Ontario St and a left onto 3rd Ave. Property will be on the right.
City Troy
High School District Lansingburgh
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 6098.4
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4000.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Tax Assessed Value 0
Tax Lot 1.000
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Exterior
Exterior Amenities None
Fencing Back Yard Chain Link Fenced
Parking Features None
Lot Features Level Cleared Corner Lot
Water Source Public
Lot Size Area 0.14
Spa N
Lot Size Acres 0.14
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Jamie Gervais

Listing Agent

21St Century Properties

Broker

(518) 817-7531

Phone

j.lynngervais@gmail.com

Email

Affordability Calculator

$1,805
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,472
Monthly Property Taxes
$333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853462 Elementary School
853135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$239,000 Listed Price

Map


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500 3rd Avenue, Troy, NY, 12182 is a Multi-Family Home for sale at $239,000 with 2,240 sqft and a lot size of 0.14. 500 3rd Avenue has 7 bedrooms, 2.0 baths, and was built in 1889. The property's zip code is 12182 which is in Troy, NY