$270,000
Schenectady, NY 12307
MLS# 202617964
Status: Closed
5 beds

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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
Status: Closed
Property Sub Type: Triplex
Original List Price: 295999
Sold Price: $270,000
Current Price: $270,000
Listing Contract Date: 2026-05-25
List Price/SqFt: 104.52
Location
Street Number: 114
Street Name: Victory
Street Suffix: Avenue
County: Schenectady
State/Province: NY
Postal Code: 12307
City/Town (Mail): Schenectady
Geo Lat: 42.809498
Geo Lon: -73.935114
Property Detail
Rooms Total: 12
Bedrooms Total: 5
Bathrooms Full: 3
Year Built: 1910
Above Grade Finished Area: 2832
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 2832
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
Parking Y/N: No
Status Change Info
Status Change Date: 2026-09-13
Under Contract Date: 2026-06-17
Sold Date: 2026-09-11
Sold Price: $270,000
Sold Price/SqFt: 95.34
Financial Details
General Taxes: 4530.66
General Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 2nd
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Income And Expenses
Rental Income Description: Estimated
Total Income: 3500
Separate Utilities
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
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 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
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
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
Listing Courtesy of NH Capital Realty LLC
Listing Agent: Joshua Abossey
518-892-1329 | joshuatherealtor518@yahoo.com
518-892-1329 | joshuatherealtor518@yahoo.com


PCD