$400,000
Schenectady, NY 12305
MLS# 202518766
Status: Closed
7 beds
1 / 26
Property Description
Investor Opportunity! This 5-unit income-generating property in the heart of Schenectady is fully occupied and ready to add to your portfolio. With a mix of 1- and 2-bedroom units, this well-maintained building offers steady cash flow and strong rental history. Each unit features separate utilities, updated mechanicals, and spacious layouts. Tenants enjoy off-street parking and a convenient location close to public transportation, shopping, restaurants, and SUNY Schenectady County Community College. Whether you're a seasoned investor or just getting started, this property offers a solid return with room to grow.
Details
Maps
Contract Information
Original List Price: 399900
List Price/SqFt: 104.69
Status: Closed
Property Sub Type: Multi Family
Sold Price: $400,000
Current Price: $400,000
Listing Contract Date: 2025-06-04
Location
City/Town (Mail): Schenectady
Street Number: 49
Street Name: Washington
Street Suffix: Avenue
County: Schenectady
State/Province: NY
Postal Code: 12305
Geo Lat: 42.815857
Geo Lon: -73.948981
Property Detail
Number Of Units Total: 5
Rooms Total: 16
Bathrooms Half: 0
Garage Spaces: 2
Above Grade Finished Area: 3820
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 3820
Lot Size Acres: 0.12
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 7
Bathrooms Full: 5
Year Built: 1960
Status Change Info
Sold Price/SqFt: 104.71
Status Change Date: 2025-08-18
Under Contract Date: 2025-06-05
Sold Date: 2025-08-15
Sold Price: $400,000
Parcel, Tax, HOA
Parcel Number: 421500 39.63-3-37
Tax Annual Amount: 10814
Tax Section: 39.63
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 37.000
School District: Schenectady
High School: Schenectady
Association Y/N: No
Directions & Remarks
Directions: State St to Washington Ave
Public Remarks: Investor Opportunity! This 5-unit income-generating property in the heart of Schenectady is fully occupied and ready to add to your portfolio. With a mix of 1- and 2-bedroom units, this well-maintained building offers steady cash flow and strong rental history. Each unit features separate utilities, updated mechanicals, and spacious layouts. Tenants enjoy off-street parking and a convenient location close to public transportation, shopping, restaurants, and SUNY Schenectady County Community College. Whether you're a seasoned investor or just getting started, this property offers a solid return with room to grow.
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Electric
200+ Amp Service: 1
Fencing
Back Yard: 1
Attic Features
None: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 3rd
Lot Features
Cleared: 1
Level: 1
Construction Materials
Block: 1
Wood Siding: 1
Other Structures
Shed(s): 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Subject To Tenant Rights: 1
Exterior Features
None: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Hardwood: 1
Vinyl: 1
Wood: 1
Showing Requirements
24 Hour Notice: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Shingle: 1
Water Source
Public: 1
Foundation Details
Combination: 1
Heating
Natural Gas: 1
Space Heater: 1
Parking Features
Parking Total: 6
Attached: 1
Driveway: 1
Garage: 1
Off Street: 1
Levels
Three Or More: 1
Separate Utilities
Electric: 1
Tenant Pays
Electricity: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st flr
Monthly Rent MF Unit 1: 1100
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Heat: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st flr
Monthly Rent MF Unit 2: 1100
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Heat: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd flr
Monthly Rent MF Unit 3: 1100
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Heat: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd flr
Monthly Rent MF Unit 4: 1000
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Heat: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3rd flr
Monthly Rent MF Unit 5: 1100
Total Rooms MF Unit 5: 3
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Heat: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 5 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Property Features
Architectural Style: Other
Attic Features: None
Basement: Full
Construction Materials: Block; Wood Siding
Cooling: None
Electric: 200+ Amp Service
Exterior Features: None
Fencing: Back Yard
Flooring: Carpet; Ceramic Tile; Hardwood; Vinyl; Wood
Foundation Details: Combination
Heating: Natural Gas; Space Heater
Levels: Three Or More
Lot Features: Cleared; Level
Other Structures: Shed(s)
Parking Features: Attached; Driveway; Garage; Off Street
Possession: At Closing; Subject To Tenant Rights
Roof: Asphalt; Shingle
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Standard
Tenant Pays: Electricity
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Heat; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Heat; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Heat; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Refrigerator; Stove
Unit 4 Owner Furnish Features: Heat; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Heat; Snow Removal; Trash; Water
Unit 5 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Paul A Friello
518-424-3728 | paul.friello@coldwellbankerprime.com
518-424-3728 | paul.friello@coldwellbankerprime.com
