$325,000
Schenectady, NY 12304
MLS# 202619267
6 beds
1 / 8
Property Description
Prime Investment Opportunity: This rock solid, four unit multifamily property is a cash flowing gem perfect for investors or owner occupants looking to live for free while tenants pay the mortgage. The building features three stable, long-term tenants with recent rent increases who would love to stay ensuring immediate, reliable income. One vacant unit ready for move-in or top market rent. Boasting a roof only four years old and separate utility meters, the spacious units are filled with original charm, featuring hardwood flooring, beautiful built-ins, updated tile bathrooms, and a massive walk-up attic with incredible potential for a future value add as additional living space. Situated on a direct bus line in a high-demand rental market with strong neighborhood presence and seamless proximity to downtown restaurants and amenities, this turn-key property is an absolute powerhouse for your portfolio. Contact the listing agent for more interior photos.
Details
Maps
Documents
Contract Information
Original List Price: 325000
List Price/SqFt: 103.64
Status: Active
Property Sub Type: Quadruplex
List Price: $325,000
Current Price: $325,000
Listing Contract Date: 2026-06-10
Location
City/Town (Mail): Schenectady
Cross Street: Between Robijnson and Haigh
Street Number: 1405
Street Name: State
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12304
Geo Lat: 42.795563
Geo Lon: -73.920632
Property Detail
Rooms Total: 18
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 3136
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 3136
Lot Size Dimensions: 35 x 105
Lot Size Acres: 0.08
Main Road Frontage: 35
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 6
Bathrooms Full: 4
Year Built: 1984
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 421500 49.60-3-45
Tax Annual Amount: 6977.76
Tax Section: 49.60
Total Taxes Description: Actual
Tax Block: 3
Tax Lot: 45.000
School District: Schenectady
Elementary School: Paige
High School: Schenectady
Association Y/N: No
Directions & Remarks
Directions: State Street between Robinson and Haigh
Public Remarks: Prime Investment Opportunity: This rock solid, four unit multifamily property is a cash flowing gem perfect for investors or owner occupants looking to live for free while tenants pay the mortgage. The building features three stable, long-term tenants with recent rent increases who would love to stay ensuring immediate, reliable income. One vacant unit ready for move-in or top market rent. Boasting a roof only four years old and separate utility meters, the spacious units are filled with original charm, featuring hardwood flooring, beautiful built-ins, updated tile bathrooms, and a massive walk-up attic with incredible potential for a future value add as additional living space.
Situated on a direct bus line in a high-demand rental market with strong neighborhood presence and seamless proximity to downtown restaurants and amenities, this turn-key property is an absolute powerhouse for your portfolio. Contact the listing agent for more interior photos.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Financial Details
General Taxes: 4862.35
General Taxes Description: Actual
School Taxes: 2559.63
School Taxes Description: Actual
Attic Features
Walk-Up: 1
Cooling
None: 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
Other: 1
Flooring
Ceramic Tile: 1
Hardwood: 1
Laminate: 1
Tile: 1
Showing Requirements
Occupied: 1
Sign on Property: 1
Other: 1
Special Listing Conditions
Standard: 1
Roof
Shingle: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 2650
Rental Income Description: Monthly
Total Income: 3600
Total Income Description: Estimated
Insurance Expense: 2000
Insurance Expense Description: Estimated
Interior Features
Built-in Features: 1
Crown Molding: 1
High Speed Internet: 1
Parking Features
None: 1
Patio And Porch Features
Deck: 1
Front Porch: 1
Rear Porch: 1
Owner Pays
Sewer: 1
Water: 1
Levels
Two: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Tenant Pays
Electricity: 1
Gas: 1
Internet: 1
Window Features
Bay Window(s): 1
Unit Information
Number Of Refrigerators: 4
Number Of Stoves: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1 front
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 925
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Sewer: 1
Water: 1
Unit 1 Detail
Rent: 925
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Total Bedrooms: 2
Unit 1 Dining Room Type
Formal Dining Room: 1
Unit 1 Appliances
Refrigerator: 1
Oven: 1
Unit 1 Amenities
High Speed Internet: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1 back
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 800
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Water: 1
Unit 2 Detail
Rent: 800
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Total Bedrooms: 1
Unit 2 Dining Room Type
Combined DR/LR: 1
Unit 2 Appliances
Refrigerator: 1
Oven: 1
Unit 2 Amenities
Built-in Features: 1
Crown Molding: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2 front
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 925
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Sewer: 1
Water: 1
Unit 3 Detail
Rent: 925
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Total Bedrooms: 2
Unit 3 Amenities
Bay Window(s): 1
Built-in Features: 1
Crown Molding: 1
High Speed Internet: 1
Unit 3 Dining Room Type
Formal Dining Room: 1
Unit 3 Appliances
Refrigerator: 1
Oven: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2 back
Occupant Type MF Unit 4: Vacant
Lease Term MF Unit 4: None
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Sewer: 1
Water: 1
Unit 4 Detail
Occupant Type Unit 4: Vacant
Total Bedrooms: 1
Unit 4 Dining Room Type
Combined DR/LR: 1
Unit 4 Appliances
Refrigerator: 1
Oven: 1
Unit 4 Amenities
Built-in Features: 1
Status Change Info
Status Change Date: 2026-06-10
Property Features
Architectural Style: Traditional
Attic Features: Walk-Up
Basement: Full; Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Exterior Features: Other
Flooring: Ceramic Tile; Hardwood; Laminate; Tile
Heating: Hot Water; Natural Gas
Interior Features: Built-in Features; Crown Molding; High Speed Internet
Levels: Two
Owner Pays: Sewer; Water
Parking Features: None
Patio And Porch Features: Deck; Front Porch; Rear Porch
Possession: At Closing
Roof: Shingle
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Occupied; Sign on Property; Other
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Internet
Window Features: Bay Window(s)
Water Source: Public
Unit 1 Owner Furnish Features: Sewer; Water
Unit 1 Dining Room Type: Formal Dining Room
Unit 1 Appliances: Refrigerator; Oven
Unit 1 Amenities: High Speed Internet
Unit 2 Owner Furnish Features: Sewer; Water
Unit 2 Dining Room Type: Combined DR/LR
Unit 2 Appliances: Refrigerator; Oven
Unit 2 Amenities: Built-in Features; Crown Molding
Unit 3 Owner Furnish Features: Sewer; Water
Unit 3 Amenities: Bay Window(s); Built-in Features; Crown Molding; High Speed Internet
Unit 3 Dining Room Type: Formal Dining Room
Unit 3 Appliances: Refrigerator; Oven
Unit 4 Owner Furnish Features: Sewer; Water
Unit 4 Dining Room Type: Combined DR/LR
Unit 4 Appliances: Refrigerator; Oven
Unit 4 Amenities: Built-in Features
Property Tax 
Listing Courtesy of KW Platform
Listing Agent: Andrea Tallman
518-410-8050 | andreatallman@kw.com
518-410-8050 | andreatallman@kw.com
