118 Adams Street, Troy, NY 12180
Local realty services provided by:HUNT Real Estate ERA
118 Adams Street,Troy, NY 12180
$150,000
- 4 Beds
- 2 Baths
- 2,024 sq. ft.
- Multi-family
- Active
Listed by: mary turoci
Office: keyology realty
MLS#:202616561
Source:Global MLS
Price summary
- Price:$150,000
- Price per sq. ft.:$74.11
About this home
118 Adams Street offers a strong investment opportunity with immediate income and long-term potential. This duplex features two well-laid-out units, each offering 2 bedrooms and 1 full bathroom, making it an appealing option for a wide range of tenants.
Both apartments are currently occupied, providing consistent rental income from day one. The property generates a total of $1,400 per month, or $16,800 annually, offering a stable foundation for investors seeking reliable cash flow. With tenants already in place, this is a true turnkey opportunity with no need for initial lease-up or vacancy concerns.
The first-floor unit has been recently updated, adding modern appeal and functionality. All appliances in this unit are brand new, helping to minimize maintenance costs and enhance tenant satisfaction. The thoughtful updates contribute to the overall value of the property and set the stage for potential future improvements.
Each unit offers a practical and comfortable layout, with appropriately sized bedrooms, functional kitchens, and inviting living spaces. The 2-bedroom configuration is consistently in demand in the local rental market, making it easier to maintain occupancy and attract long-term tenants.
The property benefits from close proximity to local shops, restaurants, and major roadways. Troy continues to see growth and revitalization, further strengthening rental demand and supporting long-term investment value.
This duplex presents an excellent opportunity for investors to own a fully occupied, income-producing property in a growing market. Whether you're looking to expand your portfolio or secure a steady, low-maintenance investment, 118 Adams Street delivers both stability and upside potential.
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Home facts
- Year built:1910
- Listing ID #:202616561
- Added:8 day(s) ago
- Updated:May 15, 2026 at 02:31 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Wood
- Basement Description:Unfinished
- Living area:2,024 sq. ft.
Heating and cooling
- Cooling:Wall Unit(s)
- Heating:Forced Air
Structure and exterior
- Year built:1910
- Building area:2,024 sq. ft.
- Lot area:0.04 Acres
- Lot Features:Road Frontage
- Construction Materials:Vinyl Siding
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$150,000
- Price per sq. ft.:$74.11
- Tax amount:$2,824
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