$123,972 EMV

5 Beds   2 Baths   1,520 Sq. Ft.   Multi-Family
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3rd Ave
Troy, NY 12182

Overview

This Multi-Family Foreclosure is located at 3rd Ave, Troy, NY 12182. It has 5 Beds 2 Baths , 1,520 sqft of living space. This property is currently bank owned with an estimated market value of $123,972.
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Status: Active
Listing ID: 63835414
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Homes near 3rd Ave in Troy, New York


Learn about 3rd Ave in Troy, NY

This multi-family property is available as a foreclosure at 3rd Ave. This property features 5 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,520 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Troy, specifically for 3rd Ave and comparable listings. Based on this expert analysis, the estimated market value is $123,972. If purchased for rental purposes, the monthly rental rate could range between $970 and $1,311, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on 3rd Ave are updated daily along with others in Troy, New York, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for 3rd Ave below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

3rd Ave in Troy New York Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on 3rd Ave
View Foreclosure Status
06/26/25
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
04/09/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Troy, NY like?

Troy, New York, is a vibrant city steeped in rich history and cultural heritage. Nestled along the banks of the Hudson River, it offers a unique blend of urban living and small-town charm, making it an appealing destination for residents and investors alike. With its beautifully preserved 19th-century architecture and a bustling downtown area filled with restaurants, shops, and art galleries, Troy provides a lively atmosphere for both work and leisure.

The city is well-connected to surrounding areas, with easy access to major highways and public transportation options. Residents enjoy a variety of outdoor activities, thanks to numerous parks and the scenic waterfront. Troy is also home to several educational institutions, including Rensselaer Polytechnic Institute, which contributes to a youthful and dynamic community.

Investors will find a growing real estate market in Troy, with new developments and renovations breathing new life into the area. The city's commitment to revitalizing its downtown and supporting local businesses enhances its appeal, making it an increasingly desirable place to live and invest.

Nearby Schools

There are 4 schools in the area. Nearby schools include Troy High School and Troy Middle School.

Troy High School
Troy Middle School
Emma Willard School
Troy City School District

Nearby Attractions

There are plenty of activities near this property like Troy Public Library, Troy Community Center, and more.

Troy Public Library
Troy Community Center
Rensselaer County Courthouse
Troy Waterfront Farmers' Market

What kind of public transportation is there?


Public transportation options include: CDTA Bus services provide transit within Troy and connect to Albany., Amtrak train service at Rensselaer Station, just across the river.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Riverside Park, Bush Park and more.

Riverside Park
Bush Park
Knickerbacker Park
Troy Waterfront Farmers' Market

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

Spectrum
Verizon Fios
Frontier Communications
Rental Chart
View Rental and Market Value
for 3rd Ave in Troy New York
View Market Value

Property Information

Public Records

Foreclosure

The property located at 3rd Ave in Troy, NY is listed as a Foreclosure

Properties like 3rd Ave in Troy, New York listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Troy, NY. The longer lenders own properties like this on 3rd Ave, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for 3rd Ave located in Troy, NY is $1,141/month. Comparable homes around 3rd Ave that are rentals have monthly ranges starting as low as $970 per month and as high as $1,311 per month. An owner looking to use this property as an investment could bring a return in the area of $970 - $1,311 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
06/26/25   Foreclosure
04/09/25 05/06/25 Preforeclosure
04/08/25 05/06/25 Preforeclosure
12/16/20 08/13/21 Preforeclosure Hsbc Bank Usa NA

Similar Homes Nearby Troy, NY


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foreclosure.com

3rd Ave
Troy, NY 12182

5 Beds   2 Baths   1,520 sq. ft.   Multi-Family

$123,972 EMV

Status: Active Listing ID: 63835414

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=3rd-Ave-Troy-NY-12182/63835414_lid

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