$229,900
Schenectady, NY 12308
MLS# 202222081
Status: Closed
2 baths | 2392 sqft

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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
Status: Closed
Property Sub Type: Mixed Use
Original List Price: 295000
Sold Price: $229,900
Listing Contract Date: 2022-07-08
Current Price: $229,900
List Price/SqFt: 104.47
Sold Price/SqFt: 96.11
List Price/Acres: 1561875
Sold Price/Acres: 1436875
Location
Street Number: 561
Street Name: Nott
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12308
City/Town (Mail): Schenectady
Geo Lat: 42.820609
Geo Lon: -73.92876
Property Detail
Year Built: 1934
Stories: 1
Number Of Buildings: 1
Bathrooms Total: 2
Business Name: Empire Laundry
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
Parking Y/N: Yes
Status Change Info
Status Change Date: 2023-05-19
Sold Date: 2023-05-18
Sold Price: $229,900
Type of Withdrawal: Withdrawn Conditional
Building Detail
Office Available SQFT: 2392
Retail Available SQFT: 1200
Warehouse Total SQFT: 2392
Parking Features
Parking Total: 4
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
Listing Courtesy of KW Platform
Listing Agent: Scott P Varley
518-281-6808 | scottvarley@kw.com
518-281-6808 | scottvarley@kw.com


Lead Based Paint