1405 State Street, Schenectady, NY 12304

New - 6 Hours Ago

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Property Description

Prime Investment Opportunity: This rock solid, four unit multifamily property is a cash flowing gem perfect for investors or owner occupants looking to live for free while tenants pay the mortgage. The building features three stable, long-term tenants with recent rent increases who would love to stay ensuring immediate, reliable income. One vacant unit ready for move-in or top market rent. Boasting a roof only four years old and separate utility meters, the spacious units are filled with original charm, featuring hardwood flooring, beautiful built-ins, updated tile bathrooms, and a massive walk-up attic with incredible potential for a future value add as additional living space. Situated on a direct bus line in a high-demand rental market with strong neighborhood presence and seamless proximity to downtown restaurants and amenities, this turn-key property is an absolute powerhouse for your portfolio. Contact the listing agent for more interior photos.

1405 State Street | MLS# 202619267

This multi-family property located at 1405 State Street, Schenectady, NY 12304 is currently listed for sale with an asking price of $325,000. State Street is located within the Schenectady school district. Search Schenectady real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Hot Water, Natural Gas
Home Style: Traditional
Lot Size: 0.08 Acres
Roof Type: Shingle
Taxes: $6,977
Year Built: 1984

Feature Descriptions

Exterior: Vinyl Siding
Exterior: Other
Flooring: Tile, Ceramic Tile, Hardwood, Laminate
Interior: High Speed Internet, Built-in Features, Crown Molding
Lot Dimensions: 35 x 105
Parcel #: 421500 49.60-3-45
Parking: None
Patio/Porch: Rear Porch, Deck, Front Porch
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 3136
Water: Public
Windows: Bay Window(s)

Local Schools

High School: Schenectady
Elementary School: Paige
School District: Schenectady

Estimate Your Payment

Estimated Payment

$ 1,399.52 per month $723.31 Principal & Interest $581.42 Property Tax $94.79 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: KW Platform
Agency Phone: 1 518-724-5800

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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