6 Beds
3 Baths
2,600 SqFt
6 Beds
3 Baths
2,600 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $128
MLS Listing ID 202622691
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1900
Annual Tax Amount $7,072
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Triplex
Source Global MLS
Property Description
Whether you're looking to grow your investment portfolio or live in one unit while your tenants help pay the mortgage, this well-maintained three-family property is an outstanding opportunity. Two of the three units have been tastefully renovated and are fully occupied, generating $2,100 per month in rental income. The spacious 4-bedroom, 1-bath unit is vacant and move-in ready, making it ideal for an owner-occupant or an investor seeking additional rental income.
Major updates include new 400-amp electrical service with four new breaker panels, offering peace of mind and long-term value.
The property features:
Two renovated 1-bedroom, 1-bath apartments rented at $1,100/month and $1,000/month
One vacant 4-bedroom, 1-bath apartment with strong rental potential of approximately $1,800/month
Projected gross annual rental income of $46,800 when fully occupied
Detached 3-car garage
Prime location in the highly sought-after Stockade Historic District, just minutes from downtown Schenectady, restaurants, shopping, Rivers Casino, Union College, Ellis Hospital, and major highways.
A rare opportunity to own a versatile, income-producing property in one of Schenectady's most desirable neighborhoods. Whether you're an investor looking for solid cash flow or a buyer interested in offsetting your mortgage with rental income, this property offers exceptional value.
Location
State NY
County Schenectady
Direction Drive north on erie blvd, take a left on union st and your first right on college st. property is first house on your right. pink
Interior
Heating Baseboard, Hot Water, Natural Gas
Flooring Vinyl, Hardwood
Exterior
Garage Spaces 3.0
Roof Type Slate
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
School District Schenectady
Others
Tax ID 421500 39.64-1-14
Special Listing Condition Standard
Nearby Locations
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