Shelly Nichols
Licensed Real Estate Salesperson
REALTOR®
Sidney, NY
Office: (607) 604-4394 (607) 437-6317
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388 1st Street, Troy, NY 12180

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New - 42 Hours Ago

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$245,000 Active
0 Beds 0 Baths 0 Partial Bath
Days on Site 1 Year Built 1920 School Troy MLS #1069658
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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 shelly-nichols.timberlandproperties.com today.

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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
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388 1st Street, Troy, NY 12180

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Estimated Payment

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

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Demographics

Listed By / Shown By

Listing By

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

Shown By

Agent Name: Shelly Nichols
Agent Phone: (607) 437-6317
Agency Title: Timberland Properties

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Shelly Nichols
Shelly Nichols Licensed Real Estate Salesperson Cell: (607) 437-6317 Email Me
All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/04/2026. The listing information on this page last changed on 11/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 11/04/2026 12:02:00 AM EST) or Global MLS (last updated Tue 11/03/2026 11:52:41 PM EST) or New York State Alliance MLS (last updated Tue 11/03/2026 11:59:03 PM EST) or Hudson Valley Catskill Region MLS (last updated Tue 11/03/2026 11:51:17 PM EST) or OneKey MLS (last updated Tue 11/03/2026 11:53:25 PM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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