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Renovated Troy Multifamily Property

20 108th Street Troy, NY 12182

20 108th Street, Troy, NY, 12182
$254,900
Pending
For Sale
$254,900
Pending

MULTI_FAMILY - Other - Troy, NY

Property Size2,120 SF
Lot Size0.09 Acres
Days on Market99

Property Features for 20 108th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2
Interior features
High Speed Internet, Built-in Features, Ceramic Tile Bath, Crown Molding
Basement
Full, Unfinished
Standard status
Pending
APN
381700 80.79-11-2
Size
2,120 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
5000

Utilities

Sewer type
Public Sewer
Heating system
Radiant, Hot Water(Heating), Natural Gas
Water source
Public

Building Details

Year built
1900
Number of units
2
Flooring type
Hardwood
Building materials
Clapboard, Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing agency Clancy Real Estate
Listed by Kevin Clancy · License #37CL1081409
Added: Apr 15 Updated: Jun 9 at 9:37AM Checked: Jul 22 at 5:06AM
MLS# 202615110

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This completely renovated building is located in the heart of Troy. It features modern finishes throughout. Each unit includes two oversized bedrooms, hardwood flooring, and spacious layouts. Updated kitchens and bathrooms provide a contemporary feel. The property also features a fenced-in yard. It is located in a desirable area close to local amenities, dining, and downtown Troy.

Key Highlights

  • Completely renovated building in the heart of Troy with modern finishes throughout
  • Each unit features two oversized bedrooms with spacious layouts and hardwood flooring
  • Updated kitchens and bathrooms, plus ceramic tile bath and built‑in features

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $43.2k $20.40
− Vacancy −$2.1k −$0.98
EGI $41.2k $19.42
− OpEx −$18.5k −$8.74
NOI $22.6k $10.68
2,120 SF · lease $20.40/SF/yr · vacancy 4.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$349.7K
$306.0K – $408.0K (±1% cap)
NOI $24,479 @ 7.0% cap · market cap 9.60%
Second Best
Apartment 5plus
$323.5K
$283.1K – $377.4K (±1% cap)
NOI $22,645 @ 7.0% cap · market cap 8.88%
Theoretical Best
Office A
$661.5K
$578.8K – $771.8K (±1% cap)
NOI $46,307 @ 7.0% cap · market cap 18.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office HVAC Service Bakery (Bike/Boat/Book/etc) Store Spa & Massage Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated multifamily property with modern finishes and spacious layouts.
Where is this duplex located?
The property is located at 20 108th Street Troy, NY.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Completely renovated building in the heart of Troy with modern finishes throughout; Each unit features two oversized bedrooms with spacious layouts and hardwood flooring; Updated kitchens and bathrooms, plus ceramic tile bath and built‑in features
Contact an agent
More about this property
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