11 Elm St

Troy, NY 12180
  • $325,000

    Price
  • 4

    Bed
  • 3

    Bath
  • 1,897

    SqFt

About the Listing o2729A - 30413

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 Highlights

Status Active
Days on Site -1
Property Type Multi-Family
MLS ® 202615256
Year Built 1910
Total Square Footage 1,897
Lot/Acreage 0.07
County Rensselaer
School District Troy

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard,Natural Gas
  • Fireplaces:
  • Floor: Vinyl,Laminate
  • Above Ground Sq Ft: 1897
  • Below Ground Sq Ft: 0
  • Basement:
  • Other: High Speed Internet
  • Water: Public

Exterior Details

  • Lot Description: Cleared,Corner Lot
  • Garage Capacity: N/A
  • Roof: Other,Flat
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $4,485
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 381700 111.84-3-36
  • Tax Year: N/A

Payment Calculator

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11 Elm St Troy, NY 12180

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Originating MLS: Global MLS

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