45 Front Street, Schenectady, NY 12305

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Property Description

Exceptional investment opportunity in Schenectady's Historic Stockade District! Situated at desirable Lawrence Circle and directly across from Arthur's Market & Café, this well-maintained duplex features two spacious 2-bedroom, 1.5-bath units, each with separate utilities and private laundry. Rarely found in the Stockade, this property offers off-street parking and is not located in a flood zone.Located in one of the oldest residential neighborhoods in the United States, the Stockade is known for its beautifully preserved architecture, tree-lined streets, rich history, and vibrant sense of community. Its timeless charm has even served as a backdrop for productions including HBO's The Gilded Age. Just one block from Riverside Park and the Mohawk River, residents and guests enjoy easy access to walking paths, restaurants, breweries, shops, and downtown Schenectady's entertainment district.The vacant 45 Front Street unit offers flexibility for an owner-occupant, long-term tenant, or expanded short-term rental operation. The adjoining 47 Front Street unit is currently operating as a successful Airbnb and will be delivered fully furnished, providing a rare turnkey opportunity for buyers looking to continue a proven short-term rental business from day one. The property benefits from strong visitor demand generated by Union College, Proctors Theatre, downtown events and weddings, Rivers Casino, GE Vernova, Ellis Hospital, and travelers seeking weekend getaways from New York City, Boston, New Jersey, and beyond.Whether you're looking to offset your mortgage by living in one unit while generating income from the other, expand your investment portfolio, or operate a turnkey Airbnb in one of the Capital Region's most iconic neighborhoods, this versatile property offers exceptional opportunity, character, and location.

45 Front Street | MLS# 202619935

This multi-family property located at 45 Front Street, Schenectady, NY 12305 is currently listed for sale with an asking price of $479,000. Front 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: Full, Interior Entry
Basement: Yes
Cooling: Window Unit(s)
Heating: Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.07 Acres
Roof Type: Rolled/Hot Mop, Rubber
Taxes: $7,629
Year Built: 1880

Feature Descriptions

Days on Site: 2
Exterior: Brick, Wood Siding
Exterior: None
Flooring: Hardwood
Foundation: Stone
Laundry: In Basement
Lot: Level, Road Frontage, Corner Lot
Lot Dimensions: 39x83
Parcel #: 421500 39.55-1-29
Parking: Stone
Parking Total: 1
Parking Total: 1
Patio/Porch: Screened, Rear Porch
Sewer: Public Sewer
SQFT Above Grade Finished: 3152
Water: Public
Windows: Window Treatments, Curtain Rods

Local Schools

High School: Schenectady
School District: Schenectady

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Estimated Payment

$ 1,841.50 per month $1,066.05 Principal & Interest $635.75 Property Tax $139.71 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Empire Real Estate Firm LLC
Agency Phone: 1 518-662-7653

Shown By

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

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