About This Home
This 5-bedroom, 4-bathroom multi-family at 318 Georgetta Dix in Schenectady, NY is listed for $314,900 ($112 per sqft). Built in 1920, the home offers 2,806 sqft of living space on a 0.09 acres lot.
Key Features
- Built in 1920
- 0.09 acre lot
- 3 parking spaces
Property Details
Welcome to 318 Georgetta Dix Plaza -- a versatile 3-family property offering the perfect blend of immediate income and owner-occupant potential. This well-positioned property features two occupied first-floor units, generating strong in-place cash flow with rents of $1,200/month (rear) and $1,500/month (front).
The spacious second-floor unit is currently vacant and spans two levels, offering exceptional flexibility with the potential for 3-4 bedrooms and two full bathrooms--ideal for an owner looking to offset their mortgage or an investor seeking to maximize rental income.
Whether you're looking to house-hack or expand your portfolio, this property checks all the boxes. Live comfortably in the expansive upper unit while collecting rent from the lower apartments, or lease the entire building for a solid return from day one with room to increase rents.
Conveniently located in Schenectady, the property is just minutes from local parks, restaurants, shopping, and major highways, making it highly attractive to tenants. Enjoy easy access to everything the city has to offer while being situated in a location that supports strong rental demand. Don't miss this opportunity to own a flexible, income-producing property in a prime and accessible area.
Monthly Cost Estimate
$1,684/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
318 Georgetta Dix
Schenectady, NY 12307
Property Details
Construction
Parking
Heating
Questions & Answers
This 5-bedroom, 4-bathroom multi-family at 318 Georgetta Dix is listed at $314,900 ($112/sqft). The estimated monthly payment is $1,684 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.09 acre lot, 3 parking spaces.
This property is listed by Kyle R DeMeo and can be reached at 5182696588.
