227-229 Elm Street, Schenectady, NY 12304 (MLS# 202612021)


$230,000
227-229 Elm Street
Schenectady, NY 12304
MLS# 202612021
Status: Closed
4 beds


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Property Description
Turnkey two-unit investment opportunity in Schenectady's Central State Street neighborhood! This duplex offers nearly 2,400 sq ft of livable space with income potential for both new and seasoned investors — or the perfect setup for an owner-occupant looking to offset their mortgage with rental income. Each unit features 2 bedrooms and 1 full bath, a spacious living room ideal for comfortable everyday living, an eat-in kitchen with ample cabinet space, and a dedicated laundry room area for added convenience. The functional layouts make these units attractive to long-term tenants while remaining easy to manage. Additional highlights include off-street parking for two vehicles and a decent-sized backyard offering outdoor space for relaxation or tenant enjoyment — a valuable amenity in this market. The property was recently inspected with no major defects identified, providing added confidence and peace of mind. Whether you're looking to expand your portfolio, create a solid cash-flowing asset, or begin building equity through owner occupancy, this property presents flexibility and long-term upside in a steadily improving rental market. A smart addition to any portfolio — or a strategic first step into real estate investing.

Details
Maps
Contract Information
Original List Price: 254900
List Price/SqFt: 101.01
Status: Closed
Property Sub Type: Duplex
Sold Price: $230,000
Current Price: $230,000
Listing Contract Date: 2026-02-13
Location
City/Town (Mail): Schenectady
Cross Street: Bradley St, Bradley Blvd, Monument Hill Rd
Street Number: 227-229
Street Name: Elm
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12304
Geo Lat: 42.800376
Geo Lon: -73.919155
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2375
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2375
Zoning: Multi Residence
Lot Size Dimensions: 32x144
Lot Size Acres: 0.11
Main Road Frontage: 32
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1994
Status Change Info
Sold Price/SqFt: 96.84
Status Change Date: 2026-05-14
Under Contract Date: 2026-03-30
Sold Date: 2026-05-13
Sold Price: $230,000
Parcel, Tax, HOA
Parcel Number: 421500 49.52-2-29
Tax Annual Amount: 7494
Tax Section: 49.52
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 29.000
School District: Schenectady
High School: Schenectady
Association Y/N: No
Directions & Remarks
Directions: State St to Elm St
Public Remarks: Turnkey two-unit investment opportunity in Schenectady's Central State Street neighborhood! This duplex offers nearly 2,400 sq ft of livable space with income potential for both new and seasoned investors — or the perfect setup for an owner-occupant looking to offset their mortgage with rental income. Each unit features 2 bedrooms and 1 full bath, a spacious living room ideal for comfortable everyday living, an eat-in kitchen with ample cabinet space, and a dedicated laundry room area for added convenience. The functional layouts make these units attractive to long-term tenants while remaining easy to manage. Additional highlights include off-street parking for two vehicles and a decent-sized backyard offering outdoor space for relaxation or tenant enjoyment — a valuable amenity in this market. The property was recently inspected with no major defects identified, providing added confidence and peace of mind. Whether you're looking to expand your portfolio, create a solid cash-flowing asset, or begin building equity through owner occupancy, this property presents flexibility and long-term upside in a steadily improving rental market. A smart addition to any portfolio — or a strategic first step into real estate investing.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
Circuit Breakers: 1
Fencing
None: 1
Financial Details
General Taxes: 4805
General Taxes Description: Estimated
School Taxes: 2689
School Taxes Description: Estimated
Attic Features
None: 1
Cooling
None: 1
Basement
Slab: 1
None: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Lot Features
Cleared: 1
Level: 1
Sloped: 1
Construction Materials
Brick: 1
Vinyl Siding: 1
Other Structures
None: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Exterior Features
None: 1
Duplex Type
Up And Down: 1
Flooring
Carpet: 1
Linoleum: 1
Tile: 1
Showing Requirements
Lockbox: 1
Occupied: 1
Showing Service: 1
Other: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Water Source
Public: 1
Foundation Details
Slab: 1
Heating
Baseboard: 1
Natural Gas: 1
Interior Features
High Speed Internet: 1
Paddle Fan: 1
Laundry Features
Laundry Room: 1
Other Equipment
None: 1
Parking Features
Parking Total: 2
Driveway: 1
Off Street: 1
Paved: 1
Owner Pays
Sewer: 1
Water: 1
Levels
One: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Internet: 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: Tenant
Monthly Rent MF Unit 1: 800
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Unit 1 Owner Furnish Features
Sewer: 1
Water: 1
Unit 1 Detail
Rent: 800
Rent Description Unit 1: Actual
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 6
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Unit 1 Dining Room Type
None: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Amenities
Cable Available: 1
High Speed Internet: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Occupant Type MF Unit 2: Tenant
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 6
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
Rent: 650
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 6
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 2 Includes
Bathroom: 1
Dryer Hookup: 1
Kitchen: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Unit 2 Dining Room Type
None: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Amenities
Cable Available: 1
High Speed Internet: 1
Property Features
Architectural Style: Traditional
Attic Features: None
Basement: Slab; None
Construction Materials: Brick; Vinyl Siding
Cooling: None
Duplex Type: Up And Down
Electric: Circuit Breakers
Exterior Features: None
Fencing: None
Flooring: Carpet; Linoleum; Tile
Foundation Details: Slab
Heating: Baseboard; Natural Gas
Interior Features: High Speed Internet; Paddle Fan
Laundry Features: Laundry Room
Levels: One
Lot Features: Cleared; Level; Sloped
Other Equipment: None
Other Structures: None
Owner Pays: Sewer; Water
Parking Features: Driveway; Off Street; Paved
Possession: At Closing
Roof: Asphalt
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: Lockbox; Occupied; Showing Service; Other
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Internet
Water Source: Public
Unit 1 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Sewer; Water
Unit 1 Dining Room Type: None
Unit 1 Appliances: Range; Refrigerator
Unit 1 Amenities: Cable Available; High Speed Internet
Unit 2 Owner Furnish Features: Sewer; Water
Unit 2 Includes: Bathroom; Dryer Hookup; Kitchen; Refrigerator; Stove; Washer Hookup
Unit 2 Dining Room Type: None
Unit 2 Appliances: Range; Refrigerator
Unit 2 Amenities: Cable Available; High Speed Internet

IDX
Listing Courtesy of Hunt ERA
Listing Agent: Lorenzo C Murray
617-212-7290 | lorenzo.murray@huntrealestate.com
Source MLS Verified

Information deemed reliable but not guaranteed.