$275,000
Schenectady, NY 12305
MLS# 202523524
Status: Closed
6 beds
1 / 28
Property Description
Historic charm meets investment opportunity in the heart of the Stockade. Welcome to this 2 family home, located just steps from the scenic Mohawk River, Riverside Park, and the vibrant historic Stockade District. Nestled among cobblestone streets and 18th-century architecture, this property offers the perfect blend of character, convenience, and cash flow. Each spacious 3 bed, 1 bath flat features original hardwood floors, tastefully updated kitchens and baths, and separate utilities. Whether you're an investor seeking strong returns or a buyer looking to house-hack, this home fits the bill with projected rents of $1,800 (1st floor) and $1,500 (2nd floor), you're looking at an impressive 11% cap rate. All this in a prime walkable location. Schedule your private walkthrough today!
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Duplex
Original List Price: 289900
Sold Price: $275,000
Current Price: $275,000
Listing Contract Date: 2025-08-09
List Price/SqFt: 111.5
Location
Street Number: 116
Street Direction Prefix: N
Street Name: Ferry
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12305
City/Town (Mail): Schenectady
Geo Lat: 42.819113
Geo Lon: -73.946228
Property Detail
Rooms Total: 13
Bedrooms Total: 6
Bathrooms Full: 2
Year Built: 1880
Above Grade Finished Area: 2600
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 2600
Lot Size Acres: 0.13
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Family Room Y/N (Units): Both Units
Parking Y/N: No
Status Change Info
Status Change Date: 2025-12-11
Under Contract Date: 2025-10-15
Sold Date: 2025-12-11
Sold Price: $275,000
Sold Price/SqFt: 105.77
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Photos - the contractual owner of the photos
Photo Owner: Photographer
Separate Utilities
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Total Rooms MF Unit 1: 7
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 1 Detail
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Owner
Total Bedrooms: 3
Unit 2 Detail
Rent: 1450
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Total Bedrooms: 3
Property Features
Architectural Style: Traditional
Attic Features: Full
Basement: Exterior Entry; Full; Interior Entry; Unfinished
Construction Materials: Aluminum Siding
Cooling: Window Unit(s)
Duplex Type: Up And Down
Electric: 200+ Amp Service; Circuit Breakers
Exterior Features: None
Flooring: Hardwood; Tile
Heating: Forced Air; Natural Gas
Interior Features: Built-in Features; Chair Rail; Crown Molding; High Speed Internet; Jet Tub; Paddle Fan
Laundry Features: In Basement
Lot Features: Level; Views
Parking Features: None
Patio And Porch Features: Deck; Front Porch
Possession: At Closing
Roof: Slate
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: Lockbox; No Sign; Occupied; Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available
View: River; Water
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Dining Room Type: Combined DR/LR; Dining Area
Unit 1 Appliances: Refrigerator; Oven
Unit 1 Amenities: Built-in Features; Ceramic Tile; Chair Rail; Crown Molding
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Dining Room Type: Combined DR/LR; Dining Area
Unit 2 Appliances: Refrigerator; Oven
Unit 2 Amenities: Built-in Features; Cable Available; Crown Molding; High Speed Internet
School Tax 
Listing Courtesy of KW Platform
Listing Agent: Patrick Dunn
518-407-9834 | patrick-dunn@kw.com
518-407-9834 | patrick-dunn@kw.com
