6 N College Street, Schenectady, NY 12305

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Property Description

Exceptional Turnkey 3-Family in the Heart of Schenectady's Historic Stockade!Whether you're looking to grow your investment portfolio or live in one unit while your tenants help pay the mortgage, this well-maintained three-family property is an outstanding opportunity. Two of the three units have been tastefully renovated and are fully occupied, generating $2,100 per month in rental income. The spacious 4-bedroom, 1-bath unit is vacant and move-in ready, making it ideal for an owner-occupant or an investor seeking additional rental income.Major updates include new 400-amp electrical service with four new breaker panels, offering peace of mind and long-term value.The property features:Two renovated 1-bedroom, 1-bath apartments rented at $1,100/month and $1,000/monthOne vacant 4-bedroom, 1-bath apartment with strong rental potential of approximately $1,800/monthProjected gross annual rental income of $46,800 when fully occupiedDetached 3-car garagePrime location in the highly sought-after Stockade Historic District, just minutes from downtown Schenectady, restaurants, shopping, Rivers Casino, Union College, Ellis Hospital, and major highways.A rare opportunity to own a versatile, income-producing property in one of Schenectady's most desirable neighborhoods. Whether you're an investor looking for solid cash flow or a buyer interested in offsetting your mortgage with rental income, this property offers exceptional value.

6 N College Street | MLS# 202622691

This multi-family property located at 6 N College Street, Schenectady, NY 12305 is currently listed for sale with an asking price of $335,000. N College 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, Slab
Basement: Yes
Cooling: None
Fenced: Yes
Garage: 3
Heating: Baseboard, Hot Water, Natural Gas
Home Style: Other
Lot Size: 0.11 Acres
Roof Type: Slate
Taxes: $7,072
Year Built: 1900

Feature Descriptions

Days on Site: 19
Exterior: Fiber Cement
Fencing: Back Yard, Fenced
Flooring: Vinyl, Hardwood
Parcel #: 421500 39.64-1-14
Parking Total: 3
Parking Total: 3
Sewer: Public Sewer
SQFT Above Grade Finished: 2600
SQFT Below Grade Finished: 1300
Structures: Garage(s)
Water: Public

Local Schools

High School: Schenectady
School District: Schenectady

Estimate Your Payment

Estimated Payment

$ 1,432.61 per month $745.56 Principal & Interest $589.33 Property Tax $97.71 Homeowner's Insurance

Change Payment Information

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

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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