Income-Producing Duplex Value-Add
124 Mountainview Avenue, Troy, NY 12180
- Added:
- Feb 4, 2026
- Days on Market:
- 103
- Last Refresh:
- May 18 at 11:06 pm
Property Features for 124 Mountainview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 3
- Parking
- 3
- Parking features
- Off Street, Garage
- Basement
- Unfinished
- Standard status
- Pending
- APN
- 382200 112.68-5-3
- Size
- 2,000 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4650
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1890
- Number of units
- 2
- Building materials
- Vinyl Siding
Listing agent Joseph P Cardinale License #10401290174 (518) 755-2064
Listing office Howard Hanna Capital Inc 1547 Route 9, Clifton Park, NY (518) 371-4500
Listing date Feb 4, 2026
MLS# 202611508
Listing URL
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.
HighLights
- High Income Potential: Enjoy a current cap rate of 10% and a net income cap rate of 12.7%.
- Value‑Add Opportunity: Unlock upside through upgrades and rent increases. Don't forget the unfinished basement!
- Spacious Units: Each unit boasts 2,000 sq ft with 7 bedrooms and 2 full baths.
- Desirable School District: Located in the Averill Park School District.
- Parking: Includes a 2‑car garage and additional off‑street parking.
- Convenient Location: Near schools, shopping, and major routes.
Overview
This income-producing duplex presents an excellent opportunity for investors seeking strong rental potential in the Averill Park School District. The property features 2,000 square feet of living space, with 7 bedrooms and 2 full baths. The current cap rate is 10%, with a net income cap rate of 12.7%. Each unit includes a large living room. The first-floor unit has 3 bedrooms and one bath, suitable for increased rent or a home office. The second-floor unit offers 4 bedrooms and one bath. An unfinished basement provides storage and future value-add potential. Situated on a 5,663 square foot lot (0.13 acres), the property includes a fenced backyard, a 2-car garage, and additional off-street parking. The property has vinyl siding, forced air and baseboard heating, separate natural gas and electric. This property is an ideal value-add investment with upside through upgrades and rent increases. It is conveniently located near schools, shopping, and major routes.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Albany
- State
- New York
- Longitude
- -73.648908
- Latitude
- 42.704746
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-family duplex with strong rental potential in Troy, NY.
Where is this duplex located?
The property is located at 124 Mountainview Avenue Troy, NY.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: High Income Potential: Enjoy a current cap rate of 10% and a net income cap rate of 12.7%.; Value‑Add Opportunity: Unlock upside through upgrades and rent increases. Don't forget the unfinished basement!; Spacious Units: Each unit boasts 2,000 sq ft with 7 bedrooms and 2 full baths.
