$465,000
Schenectady, NY 12308
MLS# 202522024
Status: Closed
15 beds
1 / 15
Property Description
Fully rented and stable 5 unit with $82,500 annual revenue. Current owners renovated 4 of 5 units, replaced roof, etc. 3 bedroom apartments are 2 stories, side by side. Adjacent parking lot is included in sale and provides off street parking for each unit. Separate utilities and washer dryer hook ups in each apartment. Listing agent is owner.
Details
Maps
Documents
Contract Information
Original List Price: 650000
List Price/SqFt: 75.51
Status: Closed
Property Sub Type: Multi Family
Sold Price: $465,000
Current Price: $465,000
Listing Contract Date: 2025-07-18
Location
City/Town (Mail): Schenectady
Street Number: 1636
Street Name: Foster
Street Suffix: Avenue
County: Schenectady
State/Province: NY
Postal Code: 12308
Geo Lat: 42.823322
Geo Lon: -73.927843
Property Detail
Number Of Units Total: 5
Rooms Total: 50
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 7284
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 7284
Lot Size Acres: 0.27
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 15
Bathrooms Full: 5
Year Built: 1981
Status Change Info
Sold Price/SqFt: 63.84
Status Change Date: 2025-11-14
Under Contract Date: 2025-09-02
Sold Date: 2025-11-14
Sold Price: $465,000
Parcel, Tax, HOA
Parcel Number: 421500 39.50-3-89.1
Tax Annual Amount: 12189
Tax Section: 39.50
Total Taxes Description: Actual
Tax Block: 3
Tax Lot: 89.001
School District: Schenectady
High School: Schenectady
Association Y/N: No
Directions & Remarks
Directions: Driving south on Nott St, turn left onto Foster Avenue. Building 3 blocks down on the right
Public Remarks: Fully rented and stable 5 unit with $82,500 annual revenue. Current owners renovated 4 of 5 units, replaced roof, etc. 3 bedroom apartments are 2 stories, side by side. Adjacent parking lot is included in sale and provides off street parking for each unit. Separate utilities and washer dryer hook ups in each apartment.
Listing agent is owner.
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 2nd
Full Bath 2: 2nd
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 2nd
Construction Materials
Brick: 1
Drywall: 1
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Possession
Subject To Tenant Rights: 1
Exterior Features
None: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Occupied: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Income And Expenses
Rental Income: 6875
Rental Income Description: Actual
Parking Features
Parking Total: 7
Off Street: 1
Patio And Porch Features
Pressure Treated Deck: 1
Rear Porch: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Number Of Separate Electric Meters: 5
Number Of Separate Gas Meters: 5
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1636
Total Rooms MF Unit 1: 10
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1638
Total Rooms MF Unit 2: 10
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1640
Total Rooms MF Unit 3: 10
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1642
Total Rooms MF Unit 4: 10
Total Bedrooms MF Unit 4: 3
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 1644
Total Rooms MF Unit 5: 10
Total Bedrooms MF Unit 5: 3
Total Full Baths MF Unit 5: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Full; Unfinished
Construction Materials: Brick; Drywall
Exterior Features: None
Heating: Forced Air; Natural Gas
Parking Features: Off Street
Patio And Porch Features: Pressure Treated Deck; Rear Porch
Possession: Subject To Tenant Rights
Roof: Rubber
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Occupied; Showing Service
Special Listing Conditions: Standard
Water Source: Public
Smoke and Carbon Disclosure 
Listing Courtesy of Sterling Real Estate Group
Listing Agent: Brendan Nally
518-688-2211 |
518-688-2211 |
