118 Adams St

Troy NY 12180

2024 sq. ft.

1742.4 sq. ft.

Duplex

Last sold for $134,000

Mary Turoci, last sold this property on 09 July 2026 after 63 days on market.

Overview

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.

Features

4 bedrooms

2 bathrooms

2024 sq. ft. floor area

1742.4 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 118 Adams St is $187.5k.

Median value

$187.5k

Estimated value range

$90k - $517k

Median days on market

Estimated value trend

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.