11 Elm St

Troy NY 12180

1897 sq. ft.

3049.2 sq. ft.

Duplex

Last sold for $290,000

Nirisa Adams, last sold this property on 25 August 2026 after 130 days on market.

Overview

Turnkey 3-family opportunity in Troy with nearly $100K in capital improvements already completed, offering a strong combination of income potential and long-term stability. This legally permitted three-unit property generates approximately $3,100+/month including on-site laundry, in a market where rental demand remains strong. Extensive upgrades between 2019-2026 include two new boilers, three separate hot water tanks, a fully replaced main sewer line, updated electrical with separate metering, and upgraded plumbing throughout. The exterior has also been significantly improved with a new roof, siding, and structural repairs, helping to minimize future maintenance concerns and enhance overall durability. Inside, two of the three units have been thoughtfully renovated. The first-floor 2-bedroom features a fully updated kitchen, refreshed bath, and modern finishes, while the studio offers new heating, lighting, and a refreshed interior. Additional property-wide improvements include durable LVP flooring, updated doors and windows, and enhanced safety features. With separated utilities, efficient operations, and proximity to Hudson Valley Community College and major employers, the property is well-positioned for consistent occupancy. Whether you're an investor seeking solid returns or an owner-occupant looking to offset your mortgage, this is a compelling opportunity to step into a well-maintained, income-producing asset in one of Troy's steadily evolving neighborhoods. Ample street parking is readily available. A smart, low-maintenance investment with solid income potential- ready for its next owner!

Features

4 bedrooms

3 bathrooms

1897 sq. ft. floor area

3049.2 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Troy over the last 12 months, the estimated median property value of 11 Elm St is $240k.

Median value

$240k

Estimated value range

$95k - $517k

Median days on market

Estimated value trend

32%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Troy. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.