4 River Street, Schenectady, NY 12305

Schenectady
Local realty services provided by:HUNT Real Estate ERA
4 River Street,Schenectady, NY 12305
$750,000
Virtual Tour
  • 12 Beds
  • 7 Baths
  • 5,829 sq. ft.
  • Multi-family
  • Active
Listed by: craig clermont
Office: carrow real estate services llc.
MLS#:202625284
Source:Global MLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$128.67

About this home

Well-Maintained 6-Unit Multifamily Investment Opportunity -- $750,000 Fully rented and turnkey, this 6-unit multifamily property offers a stable, income-producing asset with room to grow. Each unit is separately metered with individual gas furnace heat and its own hot water tank, keeping utility costs cleanly divided between tenants. The property also features ample on-site parking for residents, and is located +/- 250 feet from the ALCO Heritage Trail bike path. Currently generating an approximate 6% cap rate, the property presents a clear path to an estimated 8% cap rate through market-rate rent adjustments -- offering investors meaningful upside in both cash flow and long-term value. A well-maintained, fully occupied property with strong fundamentals and clear growth potential. Pro forma available upon request.

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Home facts

  • Year built:1950
  • Listing ID #:202625284
  • Added:49 day(s) ago
  • Updated:October 22, 2026 at 02:41 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:7
  • Full bathrooms:6
  • Half bathrooms:1
  • Basement Description:Full, Unfinished
  • Living area:5,829 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Rolled/Hot Mop
  • Year built:1950
  • Building area:5,829 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Level
  • Architectural Style:Apartment 4 Plus Unit
  • Construction Materials:Brick

Schools

  • High school:Schenectady

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$128.67
  • Tax amount:$15,721

Parking

  • Total parking spaces:20
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