$924,600
Status: Closed
12 beds
1 / 38
Property Description
Exceptional investment opportunity in Schenectady's highly desirable Upper Union Street corridor! This stately mansion-style 10-unit apartment building offers strong income potential and positive cash flow and tenants pay their own heat and electric. The property features nine 1-bedroom apartments and one spacious 3-bedroom, 2-bath unit with central air, providing a great mix of rental options with one furnished turn-key unit. This beautiful building showcases classic character throughout, including original moldings, hardwood floors, beamed ceilings, stained glass, and a grand foyer, while offering modern updates that tenants appreciate. Many units feature granite countertops, updated kitchen cabinetry, and ceramic tile baths, and all apartments are filled with natural light and timeless architectural charm. Major improvements include updated mechanicals, separate electric meters, and a newer roof, making this a solid addition to any investment portfolio. The property also offers coin-operated laundry, a private paved parking lot with 10 off-street parking spaces, and a bus stop conveniently located nearby. With long-term tenants already in place, this property provides immediate income with room for continued growth. Offered together with the neighboring 5-unit building at 920 McClellan Street, creating a 15-unit portfolio opportunity with strong cash flow potential. Financials available upon request.
Details
Contract Information
Original List Price: 995000
List Price/SqFt: 195.98
Status: Closed
Property Sub Type: Multi Family
Sold Price: $924,600
Current Price: $924,600
Listing Contract Date: 2026-03-12
Location
City/Town (Mail): Schenectady
Property Detail
Number Of Units Total: 10
Rooms Total: 21
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 5077
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 5077
Lot Size Acres: 0.24
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 12
Bathrooms Full: 11
Year Built: 1996
Status Change Info
Sold Price/SqFt: 182.12
Status Change Date: 2026-06-11
Under Contract Date: 2026-03-19
Sold Date: 2026-06-10
Sold Price: $924,600
Parcel, Tax, HOA
Parcel Number: 421500 50.21-3-10
Tax Annual Amount: 11969.78
Tax Section: 50.21
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 10.000
School District: Schenectady
High School: Schenectady
Association Y/N: No
Directions & Remarks
Directions: Corner of McClellan St and Union St.
Public Remarks: Exceptional investment opportunity in Schenectady's highly desirable Upper Union Street corridor! This stately mansion-style 10-unit apartment building offers strong income potential and positive cash flow and tenants pay their own heat and electric. The property features nine 1-bedroom apartments and one spacious 3-bedroom, 2-bath unit with central air, providing a great mix of rental options with one furnished turn-key unit.
This beautiful building showcases classic character throughout, including original moldings, hardwood floors, beamed ceilings, stained glass, and a grand foyer, while offering modern updates that tenants appreciate. Many units feature granite countertops, updated kitchen cabinetry, and ceramic tile baths, and all apartments are filled with natural light and timeless architectural charm.
Major improvements include updated mechanicals, separate electric meters, and a newer roof, making this a solid addition to any investment portfolio. The property also offers coin-operated laundry, a private paved parking lot with 10 off-street parking spaces, and a bus stop conveniently located nearby.
With long-term tenants already in place, this property provides immediate income with room for continued growth.
Offered together with the neighboring 5-unit building at 920 McClellan Street, creating a 15-unit portfolio opportunity with strong cash flow potential.
Financials available upon request.
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Electric
Circuit Breakers: 1
Financial Details
General Taxes: 6188.7
General Taxes Description: Estimated
School Taxes: 5781.08
School Taxes Description: Estimated
Attic Features
Finished: 1
Full: 1
Walk-Up: 1
Cooling
Central Air: 1
None: 1
Other: 1
Basement
Finished: 1
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 1st
Full Bath 5: 2nd
Full Bath 6: 2nd
Full Bath 7: 2nd
Full Bath 8: 2nd
Full Bath 9: 3rd
Full Bath 10: 3rd
Construction Materials
Wood Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
Other: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Hardwood: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
No Sign: 1
Occupied: 1
Restricted Days: 1
Restricted Hours: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Baseboard: 1
Electric: 1
Forced Air: 1
Natural Gas: 1
Interior Features
Ceramic Tile Bath: 1
Solid Surface Counters: 1
Parking Features
Parking Total: 10
Driveway: 1
Off Street: 1
Paved: 1
Patio And Porch Features
Wrap Around: 1
Levels
Three Or More: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Tenant Pays
Electricity: 1
Gas: 1
Internet: 1
Unit Information
Number Of Dryers: 2
Number Of Refrigerators: 10
Number Of Stoves: 10
Number Of Washers: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Flr
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 700
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Hot Water: 1
Snow Removal: 1
Trash: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st Flr
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 700
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Hot Water: 1
Snow Removal: 1
Trash: 1
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1st Flr
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 775
Rent Desc. MF Unit 3: Actual
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Hot Water: 1
Snow Removal: 1
Trash: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1st Flr
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 850
Rent Desc. MF Unit 4: Actual
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Hot Water: 1
Snow Removal: 1
Trash: 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: 2nd Flr
Occupant Type MF Unit 5: Vacant
Monthly Rent MF Unit 5: 1400
Rent Desc. MF Unit 5: Estimated
Total Rooms MF Unit 5: 4
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Hot Water: 1
Snow Removal: 1
Trash: 1
Unit 5 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Other: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 2nd Flr
Occupant Type MF Unit 6: Tenant
Monthly Rent MF Unit 6: 750
Rent Desc. MF Unit 6: Actual
Total Rooms MF Unit 6: 4
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Hot Water: 1
Snow Removal: 1
Trash: 1
Unit 6 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 2nd Flr
Occupant Type MF Unit 7: Tenant
Monthly Rent MF Unit 7: 905
Rent Desc. MF Unit 7: Actual
Total Rooms MF Unit 7: 4
Total Bedrooms MF Unit 7: 1
Total Full Baths MF Unit 7: 1
Unit 7 Owner Furnish Features
Hot Water: 1
Snow Removal: 1
Trash: 1
Unit 7 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 2nd Flr
Occupant Type MF Unit 8: Tenant
Monthly Rent MF Unit 8: 950
Rent Desc. MF Unit 8: Actual
Total Rooms MF Unit 8: 4
Total Bedrooms MF Unit 8: 1
Total Full Baths MF Unit 8: 1
Unit 8 Owner Furnish Features
Hot Water: 1
Snow Removal: 1
Trash: 1
Unit 8 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Finished; Full; Walk-Up
Basement: Finished; Full
Construction Materials: Wood Siding
Cooling: Central Air; None; Other
Electric: Circuit Breakers
Exterior Features: Other
Flooring: Carpet; Ceramic Tile; Hardwood
Heating: Baseboard; Forced Air; Natural Gas
Interior Features: Ceramic Tile Bath; Solid Surface Counters
Levels: Three Or More
Parking Features: Driveway; Off Street; Paved
Patio And Porch Features: Wrap Around
Possession: At Closing
Roof: Asphalt
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent; No Sign; Occupied; Restricted Days; Restricted Hours
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Internet
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Hot Water; Snow Removal; Trash
Unit 2 Owner Furnish Features: Hot Water; Snow Removal; Trash
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Hot Water; Snow Removal; Trash
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Hot Water; Snow Removal; Trash
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Hot Water; Snow Removal; Trash
Unit 5 Includes: Bathroom; Kitchen; Living Room; Other; Refrigerator; Stove
Unit 6 Owner Furnish Features: Hot Water; Snow Removal; Trash
Unit 6 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 7 Owner Furnish Features: Hot Water; Snow Removal; Trash
Unit 7 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 8 Owner Furnish Features: Hot Water; Snow Removal; Trash
Unit 8 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Listing Office: Miranda Real Estate Group Inc
Listing Agent: Christine M Serafini
518-514-8830 | SerafiniSellsHomes@gmail.com
518-514-8830 | SerafiniSellsHomes@gmail.com
Agent Email: SerafiniSellsHomes@gmail.com
Last Updated: June - 11 - 2026
Information deemed reliable but not guaranteed.