Leah Long
Licensed Real Estate Salesperson
REALTOR®
Oneonta, NY
Office: (607) 435-3280 (607) 437-2771 Cell

11 Elm Street, Troy, NY 12180

New - 10 Hours Ago
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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!

11 Elm Street | MLS# 202615256

This multi-family property located at 11 Elm Street, Troy, NY 12180 is currently listed for sale with an asking price of $325,000. Elm Street is located within the Troy school district. Search Troy real estate on leah-long.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Other
Cooling: None
Heating: Baseboard, Natural Gas
Home Style: Traditional
Lot Size: 0.07 Acres
Roof Type: Other, Flat
Taxes: $4,485
Year Built: 1910

Feature Descriptions

Exterior: None
Exterior: Vinyl Siding
Flooring: Vinyl, Laminate
Interior: High Speed Internet
Laundry: Common Area, Laundry Room, Main Level
Lot: Cleared, Corner Lot
Parcel #: 381700 111.84-3-36
Sewer: Public Sewer
SQFT Above Grade Finished: 1897
Utilities: Cable Available
Water: Public

Local Schools

School District: Troy

Estimate Your Payment

Estimated Payment

$ 1,191.85 per month $723.31 Principal & Interest $373.75 Property Tax $94.79 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: Monticello
Agency Phone: 1 518-423-1916

Shown By

Agent Name: Leah Long
Agent Phone: (607) 437-2771 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 04/17/2026. The listing information on this page last changed on 04/17/2026. 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 Fri 04/17/2026 12:00:49 AM EST) or Global MLS (last updated Thu 04/16/2026 11:52:12 PM EST) or New York State Alliance MLS (last updated Thu 04/16/2026 11:58:41 PM EST) or Hudson Valley Catskill Region MLS (last updated Thu 04/16/2026 11:51:18 PM EST) or OneKey MLS (last updated Thu 04/16/2026 11:53:14 PM 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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