$295,999
Schenectady, NY 12307
MLS# 202617964
5 beds
1 / 20
Property Description
Excellent investment opportunity in Schenectady! This turnkey three-unit multifamily property at 114 Victory Ave is perfect for investors looking to expand their portfolio or owner-occupants wanting their tenants to pay their mortgage.Property HighlightsStrong Cash Flow: Three distinct income-generating units under one roof.Prime Location: Situated in the heart of Schenectady, close to local amenities, public transit, and highway access.Separate Utilities: Tenants pay their own gas and electric, keeping landlord expenses low.Great Layouts: Spacious rental units with functional floor plans and steady rental history.Whether you are looking for a reliable stream of passive income or a smart house-hack opportunity, this property delivers incredible value. Schedule your tour today and capitalize on the strong rental market in the Capital Region!
Details
Maps
Documents
Contract Information
Original List Price: 295999
List Price/SqFt: 104.52
Status: Active
Property Sub Type: Triplex
List Price: $295,999
Current Price: $295,999
Listing Contract Date: 2026-05-25
Location
City/Town (Mail): Schenectady
Street Number: 114
Street Name: Victory
Street Suffix: Avenue
County: Schenectady
State/Province: NY
Postal Code: 12307
Geo Lat: 42.809498
Geo Lon: -73.935114
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2832
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2832
Fireplaces Total: 0
Zoning: Multi Residence
Deed Restrictions: Unknown
Lot Size Dimensions: 30X125
Lot Size Acres: 0.09
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Bedrooms Total: 5
Bathrooms Full: 3
Year Built: 1910
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 421500 49.25-2-31
Tax Annual Amount: 4530.66
Tax Section: 49.25
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 31.000
School District: Schenectady
Elementary School: Martin Luther King
High School: Schenectady
Association Y/N: No
Directions & Remarks
Directions: On Route NY-5, turn right on Nott Terrace, 0.4 miles turn left onto State St, 500 ft turn left onto Close St, 500 ft turn right onto Victory Ave, 200 ft property is on your right.
Public Remarks: Excellent investment opportunity in Schenectady! This turnkey three-unit multifamily property at 114 Victory Ave is perfect for investors looking to expand their portfolio or owner-occupants wanting their tenants to pay their mortgage.Property HighlightsStrong Cash Flow: Three distinct income-generating units under one roof.Prime Location: Situated in the heart of Schenectady, close to local amenities, public transit, and highway access.Separate Utilities: Tenants pay their own gas and electric, keeping landlord expenses low.Great Layouts: Spacious rental units with functional floor plans and steady rental history.Whether you are looking for a reliable stream of passive income or a smart house-hack opportunity, this property delivers incredible value. Schedule your tour today and capitalize on the strong rental market in the Capital Region!
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Traditional: 1
Electric
Other: 1
Financial Details
General Taxes: 4530.66
General Taxes Description: Estimated
Attic Features
Other: 1
Cooling
Other: 1
Listing Terms
Other: 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 2nd
Lot Features
Other: 1
Construction Materials
Aluminum Siding: 1
Vinyl Siding: 1
Other Structures
Other: 1
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Possession
At Closing: 1
Exterior Features
Other: 1
Fireplace Features
Other: 1
Flooring
Wood: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Restricted Days: 1
Restricted Hours: 1
Showing Service: 1
Special Listing Conditions
Other: 1
Roof
Shingle: 1
Water Source
Public: 1
Foundation Details
Other: 1
Heating
Natural Gas: 1
Income And Expenses
Rental Income Description: Estimated
Total Income: 3500
Interior Features
Walk-In Closet(s): 1
Other: 1
Laundry Features
Other: 1
Other Equipment
Other: 1
Parking Features
Parking Total: 0
Patio And Porch Features
Other: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Levels
Bi-Level: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
Unit Information
Number Of Refrigerators: 3
Number Of Stoves: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1300
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Kitchen: 1
Refrigerator: 1
Stove: 1
Unit 1 Detail
Rent: 1300
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
Occupant Type Unit 1: Tenant
Total Bedrooms: 3
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1200
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1200
Rent Description Unit 2: Estimated
Occupant Type Unit 2: Vacant
Total Bedrooms: 2
Unit 2 Includes
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1100
Rent Desc. MF Unit 3: Estimated
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 1200
Rent Description Unit 3: Estimated
Lease Term Unit 3: Other
Occupant Type Unit 3: Vacant
Total Bedrooms: 1
Status Change Info
Status Change Date: 2026-05-25
Property Features
Architectural Style: Other; Traditional
Attic Features: Other
Basement: Full; Unfinished
Construction Materials: Aluminum Siding; Vinyl Siding
Cooling: Other
Electric: Other
Exterior Features: Other
Fireplace Features: Other
Flooring: Wood
Foundation Details: Other
Heating: Natural Gas
Interior Features: Walk-In Closet(s); Other
Laundry Features: Other
Levels: Bi-Level
Listing Terms: Other
Lot Features: Other
Other Equipment: Other
Other Structures: Other
Owner Pays: Sewer; Trash Collection; Water
Patio And Porch Features: Other
Possession: At Closing
Roof: Shingle
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Restricted Days; Restricted Hours; Showing Service
Special Listing Conditions: Other
Tenant Pays: Electricity; Gas; Heat
Water Source: Public
Unit 1 Includes: Kitchen; Refrigerator; Stove
Unit 2 Includes: Refrigerator; Stove
PCD 
Listing Courtesy of NH Capital Realty
Listing Agent: Joshua Abossey
518-892-1329 | joshuatherealtor518@yahoo.com
518-892-1329 | joshuatherealtor518@yahoo.com