Daniel Gehl
Licensed Real Estate Salesperson
REALTOR®
Sidney, NY
Office: (607) 604-4394 (607) 221-6996 Cell

118 Adams Street, Troy, NY 12180

New - 8 Hours Ago

12 Total Photos [Click to View All]

Property Description

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.

118 Adams Street | MLS# 202616561

This multi-family property located at 118 Adams Street, Troy, NY 12180 is currently listed for sale with an asking price of $150,000. Adams Street is located within the Troy school district. Search Troy real estate on daniel-gehl.timberlandproperties.com today.

Gallery

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Wall Unit(s)
Fireplaces: 1
Heating: Forced Air
Home Style: Other
Lot Size: 0.04 Acres
Taxes: $2,824
Year Built: 1910

Feature Descriptions

Exterior: None
Exterior: Vinyl Siding
Fencing: Wood, Back Yard
Flooring: Wood, Laminate
Laundry: None
Lot: Road Frontage
Parcel #: 381700 101.77-3-14
Parking: None
Sewer: Public Sewer
SQFT Above Grade Finished: 2024
Utilities: Cable Available
Water: Public

Local Schools

School District: Troy

Estimate Your Payment

Estimated Payment

$ 612.92 per month $333.83 Principal & Interest $235.33 Property Tax $43.75 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Keyology Realty
Agency Phone: 1 518-212-7177

Shown By

Agent Name: Daniel Gehl
Agent Phone: (607) 221-6996 Cell
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/06/2026. The listing information on this page last changed on 05/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/06/2026 11:30:56 AM EST) or Global MLS (last updated Wed 05/06/2026 11:24:04 AM EST) or New York State Alliance MLS (last updated Wed 05/06/2026 11:24:56 AM EST) or Hudson Valley Catskill Region MLS (last updated Wed 05/06/2026 11:21:45 AM EST) or OneKey MLS (last updated Wed 05/06/2026 11:17:45 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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