$229,900
Schenectady, NY 12308
MLS# 202222081
Status: Closed
2 baths | 2392 sqft
1 / 29
Property Description
Who wants to own a Mixed use Laundromat? Located on Schenectady's North Side on busy Nott Street right across one of the main entrances to Union College. Two Blocks from Ellis Hospital & the Casino, & backs up to many multi-family buildings on Van Vranken, Carrie & Foster Ave. The Laundromat features 12 well maintained Speed Queen washers (5 top load/7 Front Load) and 10 Gas Dryers all are 7 years old. Plus two additional Dexter jumbo front loaders. Newer (4 yrs) Coin Machine and Vending Machine. Front door is on timed locks & 6 cameras run 24/7. In addition there is a recently renovated 3BR/1BA 1200 sq/f apt that brings in additional income. Recent building improvements are a new Roof (1 year ago) & rebuilt front steps (2 yrs ago). Great opportunity for someone looking for passive income!
Details
Maps
Documents
Contract Information
Original List Price: 295000
List Price/SqFt: 104.47
Sold Price/SqFt: 96.11
List Price/Acres: 1561875
Sold Price/Acres: 1436875
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $229,900
Listing Contract Date: 2022-07-08
Current Price: $229,900
Location
City/Town (Mail): Schenectady
Street Number: 561
Street Name: Nott
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12308
Geo Lat: 42.820609
Geo Lon: -73.92876
Property Detail
Stories: 1
Number Of Buildings: 1
Business Name: Empire Laundry
Parking Y/N: Yes
Lot Size Square Feet: 7013
Zoning: Commercial
Lot Size Acres: 0.16
Building Area Total: 2392
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Year Built: 1934
Bathrooms Total: 2
Status Change Info
Type of Withdrawal: Withdrawn Conditional
Status Change Date: 2023-05-19
Sold Date: 2023-05-18
Sold Price: $229,900
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 421500 39.50-3-39
Tax Annual Amount: 6495.4
Tax Section: 39.50
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 39.000
School District: Schenectady
High School: Schenectady
Association Y/N: No
Directions & Remarks
Directions: Across from Union College off Erie Blvd.
Public Remarks: Who wants to own a Mixed use Laundromat? Located on Schenectady's North Side on busy Nott Street right across one of the main entrances to Union College. Two Blocks from Ellis Hospital & the Casino, & backs up to many multi-family buildings on Van Vranken, Carrie & Foster Ave. The Laundromat features 12 well maintained Speed Queen washers (5 top load/7 Front Load) and 10 Gas Dryers all are 7 years old. Plus two additional Dexter jumbo front loaders. Newer (4 yrs) Coin Machine and Vending Machine. Front door is on timed locks & 6 cameras run 24/7. In addition there is a recently renovated 3BR/1BA 1200 sq/f apt that brings in additional income. Recent building improvements are a new Roof (1 year ago) & rebuilt front steps (2 yrs ago). Great opportunity for someone looking for passive income!
Sewer
Public Sewer: 1
Current Use
Apartment Plus: 1
Laundromat: 1
Architectural Style
Apartments: 1
Commercial: 1
Mixed Use: 1
Cooling
None: 1
Basement
None: 1
Lot Features
Level: 1
Road Frontage: 1
Building Detail
Office Available SQFT: 2392
Retail Available SQFT: 1200
Warehouse Total SQFT: 2392
Construction Materials
Brick: 1
Business Type
Laundromat: 1
Flooring
Tile: 1
Showing Requirements
Lockbox: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Baseboard: 1
Natural Gas: 1
Parking Features
Parking Total: 4
Detached: 1
Off Street: 1
Private: 1
Possible Use
Apartment Plus: 1
Boarding House: 1
Business: 1
Mixed: 1
Office: 1
Retail: 1
Laundromat: 1
Multi-Family: 1
Sale Includes
Building & Land: 1
Business & Building: 1
Tenant Pays
Electricity: 1
Heat: 1
Property Features
Architectural Style: Apartments; Commercial; Mixed Use
Basement: None
Construction Materials: Brick
Cooling: None
Current Use: Apartment Plus; Laundromat
Business Type: Laundromat
Flooring: Tile
Heating: Baseboard; Natural Gas
Lot Features: Level; Road Frontage
Parking Features: Detached; Off Street; Private
Possible Use: Apartment Plus; Boarding House; Business; Mixed; Office; Retail; Laundromat; Multi-Family
Roof: Asphalt
Sale Includes: Building & Land; Business & Building
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity; Heat
Water Source: Public
Lead Based Paint 
Listing Courtesy of KW Platform
Listing Agent: Scott P Varley
518-281-6808 | scottvarley@kw.com
518-281-6808 | scottvarley@kw.com
