118 Adams Street, Troy, NY 12180

• 4 beds |
• 2 baths |
• 2,024 sqft

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.

Listing Status:

Pending

Date Added:

May 6, 2026

Data Last Updated:

May 20, 2026 at 7:39PM

Listing Office:

Keyology Realty : 518-212-7177

Listing Agent:

Mary Turoci : 352-235-4835

MLS ID:

202616561

Interior

• Laundry: None
• Basement: Unfinished
• Flooring: LaminateWood
• A/C: Wall Unit(s)
• Heating: Forced Air
• Fireplace: FireplaceFireplaces: 1

Exterior

• General: None
• Style: Other
• Parking: None

Construction

• General: Vinyl Siding

Location

• Originating MLS: Global MLS
• School District: Troy
• County: Rensselaer

Lot

• Zoning: 381700 101.77-3-14
• Fencing: Back YardWood

Utilities

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

Financial

• Source: Global MLS
• Ownership: 118 Adams StLLC