Renovated Troy Multifamily
For Sale
$254,900
Pending
20 108th Street, Troy, NY 12182
MULTI_FAMILY - Other - Troy, NY
Property Size2,120 SF
Lot Size0.09 Acres
Days on Market110
Property Features for 20 108th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1
Interior features
High Speed Internet, Built-in Features, Ceramic Tile Bath, Crown Molding
Basement
Full, Unfinished
Lot features
Landscaped, Cleared
Elementary school district
Lansingburgh
Middle school district
Lansingburgh
High school district
Lansingburgh
Directions
112TH ST BRIDGE ON 2ND left ON 108TH
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
Hot Water(Heating), Radiant, 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
(518) 861-7016
Listed By:
Kevin Clancy · License #37CL1081409
(518) 461-9937
Added: Apr 15
Changed: Jul 24
Last Checked: Aug 2 at 1:06PM
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
- Each unit features 2 oversized bedrooms with spacious layouts
- Hardwood flooring throughout, with crown molding and built‑in features
- Updated kitchens and bathrooms with ceramic tile baths
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
NOI $24,479 @ 7.0% cap · market cap 9.60%
Second Best
Apartment 5plus
$323.5K
$283.1K – $377.4K
NOI $22,645 @ 7.0% cap · market cap 8.88%
Theoretical Best
Office A
$661.5K
$578.8K – $771.8K
NOI $46,307 @ 7.0% cap · market cap 18.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Explore this area
Business Placement
Demographics for 12182, NY
14,657
Population
7,314
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
1,070
Density / Sq Mi
$54,663
Median Household Income
$47,077
Median Earnings
$1,012
Median Rent
$195,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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: Each unit features 2 oversized bedrooms with spacious layouts; Hardwood flooring throughout, with crown molding and built‑in features; Updated kitchens and bathrooms with ceramic tile baths
