905 Mason Street, Schenectady, NY 12308
Local realty services provided by:HUNT Real Estate ERA
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:236 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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