905 Mason Street, Schenectady, NY 12308

Schenectady
Local realty services provided by:HUNT Real Estate ERA
905 Mason Street,Schenectady, NY 12308
$425,000
Virtual Tour
  • 7 Beds
  • 5 Baths
  • 3,624 sq. ft.
  • Multi-family
  • Pending
Listed by: christopher serra
Office: coldwell banker prime properties
MLS#:202530970
Source:Global MLS

Price summary

  • Price:$425,000
  • Price per sq. ft.:$117.27

About this home

Exceptional 5-unit investment opportunity on a corner lot in Schenectady, boasting a 10% cap rate. This income-producing property features five units with a strong rent profile at $1,000 per unit per month. The front studio unit and rear two-bedroom unit are currently vacant, offering immediate value-add potential for an owner-occupant or investor to lease at market rates. Additional highlights include a detached 3-car garage providing extra income potential, and fully paid-off solar panels, significantly reducing operating expenses. Conveniently located with easy access to local amenities, this property presents a rare combination of cash flow, upside, and efficiency. The property features a 2 year old roof which was replaced prior to the solar panels being installed.

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Home facts

  • Year built:1984
  • Listing ID #:202530970
  • Added:285 day(s) ago
  • Updated:April 28, 2026 at 07:32 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Linoleum
  • Basement Description:Full
  • Living area:3,624 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Forced Air, Natural Gas, Solar

Structure and exterior

  • Year built:1984
  • Building area:3,624 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Corner Lot
  • Architectural Style:Apartment 4 Plus Unit
  • Construction Materials:Brick, Drywall
  • Exterior Features:Patio
  • Foundation Description:Concrete Perimeter

Schools

  • High school:Schenectady

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$117.27
  • Tax amount:$6,618

Parking

  • Total parking spaces:3
  • Parking description:Off Street
  • Garage:Yes
  • Garage spaces:3
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