$257,500
Schenectady, NY 12305
MLS# 202516690
Status: Closed
4 beds
1 / 45
Property Description
Great investment opportunity in the heart of Schenectady's vibrant Little Italy! This well-maintained 2-family home offers stable tenancy, strong cash flow and the flexibility to be owner-occupied. The remodeled 1st floor unit is currently vacant and features a spacious living room, eat-in kitchen, 2 bedrooms and a full bath. Previous tenant paid $1100/month. The 2nd floor unit includes a kitchen, dining room, full bath, 2 bedrooms, and a bonus room—perfect for a home office, den, or potential 3rd bedroom.The owner is open to including two (2) parking spaces in lot next to building. Rubber roof installed in 2022 and 2nd floor furnace replaced 3 years ago. Prime walkable location near restaurants, shopping, bus line, and entertainment. A great addition to any investment portfolio!
Details
Maps
Documents
Contract Information
Original List Price: 289000
List Price/SqFt: 115.72
Status: Closed
Property Sub Type: Duplex
Sold Price: $257,500
Current Price: $257,500
Listing Contract Date: 2025-05-05
Location
City/Town (Mail): Schenectady
Street Number: 18
Street Direction Prefix: N
Street Name: Jay
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12305
Geo Lat: 42.816743
Geo Lon: -73.938219
Property Detail
Rooms Total: 9
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2290
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2290
Zoning: Multi Residence
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1900
Status Change Info
Sold Price/SqFt: 112.45
Status Change Date: 2025-08-04
Under Contract Date: 2025-06-10
Sold Date: 2025-08-01
Sold Price: $257,500
Parcel, Tax, HOA
Parcel Number: 421500 39.65-1-34.1
Tax Annual Amount: 1957
Total Taxes Description: Estimated
School District: Schenectady
High School: Schenectady
Association Y/N: No
Directions & Remarks
Directions: From Union Street, turn onto N. Jay Street. Property will be on your right.
Public Remarks: Great investment opportunity in the heart of Schenectady's vibrant Little Italy! This well-maintained 2-family home offers stable tenancy, strong cash flow and the flexibility to be owner-occupied. The remodeled 1st floor unit is currently vacant and features a spacious living room, eat-in kitchen, 2 bedrooms and a full bath. Previous tenant paid $1100/month. The 2nd floor unit includes a kitchen, dining room, full bath, 2 bedrooms, and a bonus room—perfect for a home office, den, or potential 3rd bedroom.The owner is open to including two (2) parking spaces in lot next to building. Rubber roof installed in 2022 and 2nd floor furnace replaced 3 years ago. Prime walkable location near restaurants, shopping, bus line, and entertainment. A great addition to any investment portfolio!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
150 Amp Service: 1
Fencing
None: 1
Financial Details
General Taxes: 1271
General Taxes Description: Actual
School Taxes: 686
School Taxes Description: Actual
Attic Features
None: 1
Cooling
None: 1
Basement
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Construction Materials
Brick: 1
Other Structures
None: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Laminate: 1
Showing Requirements
24 Hour Notice: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Cable Connected: 1
Roof
Rubber: 1
Water Source
Public: 1
Foundation Details
Stone: 1
Heating
Forced Air: 1
Natural Gas: 1
Income And Expenses
Rental Income: 1000
Rental Income Description: Monthly
Electric Expense Description: Tenant
Total Income: 12000
Gas Expense Description: Tenant
Interior Features
Ceramic Tile Bath: 1
High Speed Internet: 1
Paddle Fan: 1
Other Equipment
None: 1
Parking Features
Parking Total: 0
Off Street: 1
Patio And Porch Features
None: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Water Meter: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Internet: 1
Window Features
Curtain Rods: 1
Screens: 1
Unit Information
Number Of Refrigerators: 2
Number Of Stoves: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Vacant
Monthly Rent MF Unit 1: 1100
Rent Desc. MF Unit 1: Estimated
Lease Term MF Unit 1: None
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Sewer: 1
Water: 1
Unit 1 Detail
Total Bedrooms: 2
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1000
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Water: 1
Unit 2 Detail
Total Bedrooms: 2
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Property Features
Architectural Style: Traditional
Attic Features: None
Basement: Unfinished
Construction Materials: Brick
Cooling: None
Electric: 150 Amp Service
Exterior Features: None
Fencing: None
Flooring: Ceramic Tile; Laminate
Foundation Details: Stone
Heating: Forced Air; Natural Gas
Interior Features: Ceramic Tile Bath; High Speed Internet; Paddle Fan
Levels: Two
Other Equipment: None
Other Structures: None
Parking Features: Off Street
Patio And Porch Features: None
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric; Gas; Water Meter
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Internet
Utilities: Cable Available; Cable Connected
Window Features: Curtain Rods; Screens
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Sewer; Water
Unit 2 Owner Furnish Features: Sewer; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Property Disclosures 
Listing Courtesy of Sinkoff Realty Group
Listing Agent: Brian S Sinkoff
518-364-9497 | brian@sinkoffrealtygroup.com
518-364-9497 | brian@sinkoffrealtygroup.com
