1405 State Street, Schenectady, NY 12304

Local realty services provided by:HUNT Real Estate ERA
1405 State Street,Schenectady, NY 12304
$350,000
  • 6 Beds
  • 4 Baths
  • 3,136 sq. ft.
  • Multi-family
  • Active
Listed by: christine m serafini
Office: miranda real estate group inc
MLS#:202612235
Source:Global MLS

Price summary

  • Price:$350,000
  • Price per sq. ft.:$111.61

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

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Home facts

  • Year built:1984
  • Listing ID #:202612235
  • Added:1 day(s) ago
  • Updated:February 20, 2026 at 12:39 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • 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

Schools

  • High school:Schenectady

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$111.61
  • Tax amount:$7,421
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