$299,000
Schenectady, NY 12305
MLS# 202622254
8 beds
1 / 18
Property Description
Two-unit multifamily investment near downtown Schenectady. This 1900-built two family home offers two spacious 4-bedroom units (8 bedrooms, 2 full baths) across roughly 2,322 sq ft, with a full basement, slate roof, and forced-air heat. Tenants pay their own electric and gas, keeping owner costs low. Fully occupied. Offered individually or as part of an 11-building Schenectady multifamily portfolio -- acquire a single building or the entire group. A solid cash-flow opportunity in a steady rental market. Entire exterior painted summer 2026
Details
Maps
Contract Information
Original List Price: 299000
List Price/SqFt: 128.77
Status: Active
Property Sub Type: Duplex
List Price: $299,000
Current Price: $299,000
Listing Contract Date: 2026-07-20
Location
City/Town (Mail): Schenectady
Street Number: 701
Street Name: South
Street Suffix: Avenue
County: Schenectady
State/Province: NY
Postal Code: 12305
Geo Lat: 42.817109
Geo Lon: -73.934502
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2322
Above Grade Finished Area Source: Assessor
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: Assessor
Living Area: 2322
Zoning: Multi Residence
Lot Size Dimensions: 25 x 112
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 8
Bathrooms Full: 2
Year Built: 1900
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 421500 39.65-3-42
Tax Annual Amount: 4903.95
Tax Section: 39.65
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 42.000
School District: Schenectady
High School: Schenectady
Association Y/N: No
Directions & Remarks
Directions: From Union Street, head north on Seward Place, then west on South Avenue. Property is on the north side between Park Place and Seward Place.
Public Remarks: Two-unit multifamily investment near downtown Schenectady. This 1900-built two family home offers two spacious 4-bedroom units (8 bedrooms, 2 full baths) across roughly 2,322 sq ft, with a full basement, slate roof, and forced-air heat. Tenants pay their own electric and gas, keeping owner costs low. Fully occupied. Offered individually or as part of an 11-building Schenectady multifamily portfolio -- acquire a single building or the entire group. A solid cash-flow opportunity in a steady rental market. Entire exterior painted summer 2026
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
100 Amp Service: 1
Circuit Breakers: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Construction Materials
Wood Siding: 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
Occupied: 1
Special Listing Conditions
Standard: 1
Roof
Slate: 1
Water Source
Public: 1
Heating
Forced Air: 1
Income And Expenses
Rental Income: 38940
Electric Expense: 134
Total Income: 38940
Insurance Expense: 1923
Maintenance Expense: 313
Operating Expense: 7274
Net Operating Income: 31666
Parking Features
Parking Total: 2
Off Street: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Monthly Rent MF Unit 1: 1595
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 4
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
Trash: 1
Water: 1
Unit 1 Detail
Total Bedrooms: 4
Unit 1 Dining Room Type
None: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Monthly Rent MF Unit 2: 1650
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Unit 2 Detail
Total Bedrooms: 4
Unit 2 Includes
Bathroom: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Unit 2 Dining Room Type
None: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Status Change Info
Status Change Date: 2026-07-21
Property Features
Architectural Style: Traditional
Basement: Full
Construction Materials: Wood Siding
Cooling: None
Electric: 100 Amp Service; Circuit Breakers
Exterior Features: None
Flooring: Ceramic Tile; Laminate
Heating: Forced Air
Levels: Two
Parking Features: Off Street
Possession: At Closing
Roof: Slate
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Occupied
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Sewer; Trash; Water
Unit 1 Dining Room Type: None
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 2 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 2 Dining Room Type: None
Unit 2 Appliances: Range; Refrigerator; Oven
Listing Courtesy of BA Realty Group
Listing Agent: Vernon Bostick
518-952-1186 | dbcapitalmanagement1@outlook.com
518-952-1186 | dbcapitalmanagement1@outlook.com
