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Pending
  • $150,000

    118 Adams Street, Troy, NY 12180

    4beds
    2,024sqft
    Loading
    Duplex, Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $74/sqft
    $-- HOA

    What's special

    Appropriately sized bedroomsInviting living spacesFunctional kitchensTwo well-laid-out unitsPractical and comfortable layout
    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. Seller related to Listing Agent.
    65 days
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    30
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Keyology Realty 518-212-7177,

    Mary Turoci 352-235-4835

    Source: Global MLS,MLS#: 202616561MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Wall Unit(s)
      Appliances
      • Laundry: None
      Features
      • Flooring: Wood, Laminate
      • Basement: Unfinished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,024
      • Total interior livable area: 2,024 sqft
      • Finished area above ground: 2,024
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      Features
      • Exterior features: None
      • Fencing: Wood,Back Yard
      Lot
      • Size: 1,742 Square Feet
      • Features: Road Frontage
      Details
      • Parcel number: 381700 101.77314

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      Condition
      • Year built: 1910

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Troy

      Financial & listing details

      • Price per square foot: $74/sqft
      • Tax assessed value: $102,700
      • Annual tax amount: $2,824
      • Date on market: 5/6/2026
      • Ownership: 118 Adams St, LLC
      • Tenant pays: Internet, Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,874/mo

        Price history

        DateEventPrice
        5/18/2026Pending sale$150,000$74/sqft
        Source: Global MLS #202616561 Report a problem
        5/6/2026Listed for sale$150,000+30.4%$74/sqft
        Source: Global MLS #202616561 Report a problem
        7/17/2022Listing removed--
        Source: Global MLS #202215711 Report a problem
        4/29/2022Listed for sale$115,000$57/sqft
        Source: Global MLS #202215711 Report a problem
        4/21/2022Pending sale$115,000$57/sqft
        Source: Global MLS #202215711 Report a problem
        4/16/2022Listed for sale$115,000+94.9%$57/sqft
        Source: Global MLS #202215711 Report a problem
        1/23/2017Sold$59,000$29/sqft
        Source: Public Record Report a problem
        11/17/2016Sold$59,000$29/sqft
        Source: Global MLS #201618941 Report a problem
        9/12/2016Listed for sale$59,000+293.3%$29/sqft
        Source: Field Realty #201618941 Report a problem
        5/27/2015Listing removed--
        Source: Auction.com Report a problem
        5/2/2015Listed for sale$15,000-76.9%$7/sqft
        Source: Auction.com Report a problem
        3/1/2015Listing removed$64,900$32/sqft
        Source: Keller Williams Realty Capital District #201501711 Report a problem
        1/30/2015Listed for sale$64,900+149.6%$32/sqft
        Source: Keller Williams Realty Capital District #201501711 Report a problem
        6/18/2009Sold$26,000$13/sqft
        Source: Global MLS #29108936 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $60,000
        2024-- $60,000
        2023-- $60,000
        2022-- $60,000
        2021-- $60,000
        2020-- $60,000
        2019-- $60,000
        2018-- $60,000
        2017$2,285 $60,000 +53.8%
        2016-- $39,000
        2015-- $39,000
        2014-- $39,000
        2013-- $39,000 +269%
        2012-- $10,570
        2011-- $10,570
        2010-- $10,570
        2009-- $10,570
        2008-- $10,570
        2007-- $10,570
        2006-- $10,570
        2005-- $10,570
        2004-- $10,570
        2003-- $10,570
        2002-- $10,570
        2001-- $10,570
        2000-- $10,570

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Central

        Getting around

        79 / 100
        Very Walkable
        50 / 100
        Good Transit
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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