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.
Welcome to 1414 State Street - A Turnkey Caribbean Restaurant with Income Potential! This well-established Caribbean restaurant has been successfully operating for over 8 years and is located in a high-traffic, prime location. The property features a spacious dine-in area with a full bar, a large commercial kitchen, and an oversized prep room — all equipped with included appliances and furnishings. The restaurant is climate-controlled with central air. Upstairs, you'll find two income-generating apartments currently rented on a month-to-month basis to long-term tenants. There's strong potential to increase rental income. Additional highlights include a generous on-site parking lot, making this a rare and valuable opportunity for investors or owner-operators alike.
Massive 4 unit bringing in $4,750/month with room for improvement. All separate utilities. New hot water tanks. New furnace with AC for 1st floor. Historic grant available to paint exterior of home.
3-Family Building updates made throughout the current ownership. Features 3 bedrooms Apartment first floor, 2 Bedrooms Apartment second floor. 1 Bedroom Apartment second floor. Tenant Pays Separate Utilities. Easy access to show. Call to view.
This property is a five-unit multifamily, located in the highly convenient and historic Union Street corridor. With approximately 2,932 square feet of living space and three stories, this building offers strong investment potential in one of Schenectady's most active rental areas. Built in 1984, the property sits on a 28-by-150-foot lot with municipal water and sewer, public utilities, and off-street parking via the shared driveway. The location provides exceptional accessibility. Union College, Ellis Hospital, Schenectady High School, Downtown Schenectady, and Mohawk Harbor are all within easy reach, along with nearby shops, restaurants, and entertainment venues on Union Street itself. School proximities include Yates Elementary, Oneida Middle School, and Schenectady High School, all within 2 miles or less. This property is zoned for multi-family use and offers a reliable opportunity for investors seeking stable occupancy and long-term value in a well-connected neighborhood.
LOOKING FOR A CASH BUYER OR ABILITY TO GET A REHAB LOAN OR PRIVATE LENDING. CALL LISTING AGENT FOR DETAILS. 2 BUILDINGS FOR THE PRICE OF 1! POTENTIAL FOR 4 APARTMENTS! Excellent Opportunity to own a Big, Completely Renovated, 2 Family House in the thriving City of Schenectady. Great for Owner Occupied or Investment. Entirely vacant so you can move right in. 3 Bedrooms over 3 Bedrooms. Gorgeous New Kitchens with Granite Countertops and Stainless Steel Appliances. Beautiful New Bathrooms with Ceramic Tile. New Vinyl Siding, New Drywall, New Electrical, New Plumbing, New Furnaces, New Hot Water Heaters, New Paint Throughout, New Flooring, New Lighting and much more. Close to Shopping, Restaurants, Downtown, Schools, Parks and Bus Line. *Additional 2 Family, on the same lot, is 1680 Square Feet and needs to be completely rehabbed.* Don't miss out on this fantastic opportunity!
Great multi-family investment opportunity in Schenectady. 3 units. All utilities separated. 2 units empty, 1-unit occupied (month to month). Large 2-car garage. Plenty of off street parking. Perfect for owner occupied or pure investment. Very close to downtown amenities; Union College, Rivers Casino, local restaurants and shopping. Don't miss this one!
Why rent when you can buy. This home is in need of some TLC and a little sweat; it can be a great investment with owner occupied. featuring 4 bedrooms,2 full bathrooms,2 kitchen, newer boilers and hwh only a few years old, put your personal touch and make this house an asset
CALL ALL INVESTORS! This well-kept three family property located in highly a sought-after neighborhood in Schenectady offers strong income potential. The first floor features a large 4-bedroom, 1 bath unit, while the second-floor hosts two separates 1-bedroom, 1-bath units, perfect for steady rental returns. This property is conveniently located near bus lines, schools and shopping.
Great investment opportunity with 3 well-maintained units. Each unit offers comfortable living with a tidy, attractive presentation. Features include a welcoming back yard and a front porch for curb appeal, plus many updates. Located close to amenities, making it highly convenient for tenants and attractive for investors. Fully rented with solid, ongoing income and well-kept building systems. Property could be a steady cash-flow addition to any portfolio—arrange a viewing today.
Unique investment opportunity: Fully rented duplex (up and down) with solid returns. Each unit offers a modernized kitchen and bath, welcoming front porch, and access to a shared backyard. One driveway provides convenient parking. Ideal for investors seeking immediate income. Schedule a viewing today!
Fully occupied duplex with minimal upkeep. Front porch invites curb appeal and a private backyard offers outdoor space. Reliable, hassle-free cash flow with minimal management. Ideal for investors seeking a low-maintenance addition to their portfolio. Conveniently close to amenities.
Investment opportunity: A well-maintained duplex. Each unit offers a simple, efficient layout and easy upkeep. A single shed provides extra storage space and a backyard for outdoor activities. Located near local amenities. This property stands as a solid option for investors seeking a straightforward, low-maintenance rental asset.
New listing in the heart of Mount Pleasant, Schenectady — a versatile mixed use investment on Altamont Avenue. This well maintained property features two commercial storefronts on the first floor (ideal for a barbershop, beauty salon, or professional office) and a fully rented residential apartment on the second floor, providing immediate rental income. Situated on a prominent corner lot, the asset includes a one car garage and a substantial backyard — rare amenities in this neighborhood.This property presents an excellent opportunity for owner operators or investors seeking steady cash flow and strong street visibility in a high traffic community. Don't miss out on this perfect opportunity.
Exceptional three-family property in Schenectady offering eight bedrooms, three full baths and a finished attic. Each apartment is move-in ready, providing immediate rental income potential or owner-occupancy flexibility. The lot includes a spacious backyard and a front parking space for one car. Conveniently located minutes from I-890 and within close proximity to public transportation, restaurants and shopping, this asset represents a strong investment opportunity for buyers looking to expand their portfolio. Do not miss this rare chance to acquire a well-maintained multifamily property in a prime location.
Nestled in the heart of Schenectady's sought-after Stockade neighborhood, this traditional brick triplex offers a rare investment opportunity in one of the city's most picturesque and historic areas. Fully rented with long-term tenants in place, this property provides immediate cash flow and solid rental history. The layout features two units on the first floor and a third unit on the second floor. Classic brick construction, walkable surroundings, and close proximity to downtown, restaurants, and Rivers Casino make this a high-demand location for tenants.
Discover a prime investment opportunity in the heart of Schenectady. This property features two-bedroom, one-bath each unit, ideal for first-time homebuyers or investors seeking to expand their portfolio. Located close to downtown Schenectady within the reputable Schenectady School District. Don't miss out on this great investment opportunity.
This up-to-date property is a fantastic investment opportunity in a vibrant and convenient location. With easy access to shopping, bus lines and other amenities, this property is perfect for rental income or owner occupancy. Don't miss out - schedule a showing today and discover the potential of this charming home.
This mixed-use commercial property in the heart of Mount Pleasant, Schenectady, may be just what you're looking for! The second floor features a ready-to-rent three-bedroom, one-bath unit, while the first floor is divided into two open spaces with a half bath—ideal for a salon, barbershop, or mini deli. With a new roof completed in 2024, this property offers endless opportunities for your business ventures. Don't miss out!
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Schenectady is located in New York. Schenectady, New York has a population of 66,809. Schenectady is less family-centric than the surrounding county with 21.04% of the households containing married families with children. The county average for households married with children is 27.91%.
The median household income in Schenectady, New York is $50,237. The median household income for the surrounding county is $69,891 compared to the national median of $69,021. The median age of people living in Schenectady is 36.8 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 13.8 degrees. The average rainfall is approximately 40.5 inches per year, with 59.9 inches of snow per year.
