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About This Home
This 6-bedroom, 4-bathroom residential multi family at 1405 State Street in Schenectady, NY is listed for $325,000 ($104 per sqft). Built in 1984, the home offers 3,136 sqft of living space on a 0.08 acres lot.
Prime Investment Opportunity: This rock solid, four unit multifamily property is a cash flowing gem perfect for investors or owner occupants looking to live for free while tenants pay the mortgage. The building features three stable, long-term tenants with recent rent increases who would love to stay ensuring immediate, reliable income.
One vacant unit ready for move-in or top market rent. Boasting a roof only four years old and separate utility meters, the spacious units are filled with original charm, featuring hardwood flooring, beautiful built-ins, updated tile bathrooms, and a massive walk-up attic with incredible potential for a future value add as additional living space.
Situated on a direct bus line in a high-demand rental market with strong neighborhood presence and seamless proximity to downtown restaurants and amenities, this turn-key property is an absolute powerhouse for your portfolio. Contact the listing agent for more interior photos.
Key Features
- Built in 1984
- 0.08 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1405 State Street
Schenectady, NY 12304
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Heating
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 1405 State Street is listed at $325,000 ($104/sqft). The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.
Key features include: Built in 1984, 0.08 acre lot. Interior Features: High Speed Internet, Built-in Features, Crown Molding.
This property is listed by Andrea Tallman and can be reached at 5184108050 or andreatallman@kw.com.
