UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 10,809 sqft
Price per Sqft $147
MLS Listing ID 202611444
Bedrooms 19
Full Baths 16
HOA Y/N No
Year Built 1984
Annual Tax Amount $17,514
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 54X149.5
Property Sub-Type Multi Family
Source Global MLS
Property Description
Most apartments feature hardwood floors, tiled bathrooms and the building is currently in good overall condition. At the asking price, the projected returns place the cap rate in the high-10% range, making this a compelling income play for both seasoned and first-time multifamily investors. Year built is approximate (CRS reflects 1984; believed inaccurate). Expense figures are estimated. Additional financial details available upon request. Invest in Schenectady's resurgence; this is a cash-flowing opportunity you don't want to miss.
Location
State NY
County Schenectady
Zoning Multi Residence
Direction Union St, east to Park Ave, Building on the left corner.
Interior
Interior Features Walk-In Closet(s), Built-in Features, Ceramic Tile Bath
Heating Baseboard, Electric, Forced Air, Zoned, Natural Gas
Flooring Vinyl, Tile, Ceramic Tile, Hardwood
Exterior
Exterior Feature None
Parking Features None
Utilities Available Cable Connected
Roof Type Rubber
Building
Lot Description Level, Landscaped, Road Frontage, Corner Lot
Sewer Public Sewer
Water Public
Architectural Style Low Rise, Apartment 4 Plus Unit
Schools
School District Schenectady
Others
Tax ID 421500 39.75-1-23
Acceptable Financing Owner Concession
Listing Terms Owner Concession
Special Listing Condition Standard
Virtual Tour https://app.doaudiotours.com/unbranded?id=19685&lang=en-US