1405 State Street, Schenectady, NY 12304
Local realty services provided by:HUNT Real Estate ERA
Listed by: christine m serafini
Office: miranda real estate group inc
MLS#:202612235
Source:Global MLS
Price summary
- Price:$325,000
- Price per sq. ft.:$103.64
About this home
Fantastic investment opportunity! Investor owned for 20 years and now it is someone else's turn! This well-maintained 4-unit building offers strong positive cash flow in a prime location on the bus line. The property consists of two 1-bedroom apartments and two 2-bedroom apartments, with room to grow to market rents and increase your return. Each spacious unit features large rooms, eat-in kitchens, beautiful woodwork with classic columns and built-ins, hardwood floors, bay windows, and ceramic tile finishes. Tenants pay their own hot water and electric, while the owner provides heat, currently on a NIMO budget plan of just $298/month, keeping expenses predictable and manageable. Gas hot water radiators provide efficient heating.
Additional highlights include a roof that is only 3 years old, vinyl siding, and separate utilities. Conveniently located near shopping, dining, and major routes, this property offers both solid income and long-term upside. A turnkey addition to any investor's portfolio with built-in value-add potential!...
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Home facts
- Year built:1984
- Listing ID #:202612235
- Added:84 day(s) ago
- Updated:May 15, 2026 at 02:31 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood, Laminate
- Basement Description:Full
- Living area:3,136 sq. ft.
Heating and cooling
- Heating:Forced Air, Hot Water, Natural Gas
Structure and exterior
- Roof:Slate
- Year built:1984
- Building area:3,136 sq. ft.
- Lot area:0.08 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Front Porch
Schools
- High school:Schenectady
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$325,000
- Price per sq. ft.:$103.64
- Tax amount:$7,421
Features and amenities
- Amenities:Other
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