11 Elm Street, Troy, NY 12180
- 4 beds |
- 3 baths |
- 1,897 sqft
Triplex 
Built in 1910 
3,049sqft lot
—— car garage 
$171/sqft 
Listed 1 month ago
Property Description
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!
- Listing Status:
- Active
- Date Added:
- April 17, 2026
- Data Last Updated:
- May 20, 2026 at 4:40AM
- Listing Office:
- Monticello : 518-423-1916
- Listing Agent:
- Nirisa Adams : 518-526-3440
- MLS ID:
- 202615256
- General: None
- Style: Traditional
- Roofing: OtherFlat
- General: Vinyl Siding
- Originating MLS: Global MLS
- School District: Troy
- County: Rensselaer
- Zoning: 381700 111.84-3-36
- Utilities: Cable AvailableCircuit Breakers
- Water: Public
- Sewer: Public Sewer
- Source: Global MLS
This listing courtesy of Nirisa Adams , Monticello
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
