703 Union Street, Schenectady, NY 12305
703 Union Street, Schenectady, NY 12305
703 Union Street, Schenectady, NY 12305
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Listed by Pavel Karakalchu • Gucciardo Real Estate LLC
$405,000
Est. payment /mo
3 Beds
3 Baths
2,578 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,578 sqft

Price per Sqft $157

MLS Listing ID 202614157

Bedrooms 3

Full Baths 1

Half Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $5,467

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex

Source Global MLS

Property Description

Welcome to 703 Union Street, a mixed use property offering both a successful restaurant on the first floor and a fully updated apartment above. The ground level is home to Termeh Persian Restaurant, a well known local favorite with over 60 five star reviews and a strong repeat customer base. The restaurant is fully equipped, with all kitchen appliances, hood system, and ventilation up to code, making this a true turn key opportunity for a new owner.

The second floor apartment offers three bedrooms, one full bath, and a large family room with views of Union Street. It is perfect for an owner occupant or as an additional rental unit for extra income.

Both the building and the business are included in the sale, making this a great fit whether you are an investor or someone looking to operate their own restaurant in a proven location.

Additional features include off street parking, handicap accessible entry, and excellent street visibility. This section of Union Street continues to see steady development and growth, and the property is located just minutes from Union College, adding to its long term value and demand.

A rare chance to own a true turn key mixed use property with both residential and commercial income.

Location

State NY

County Schenectady

Zoning Commercial

Direction One block west of Union College, just before the corner of Lafayette/Park (same side as Union College).

Interior

Heating Forced Air, Natural Gas

Flooring Hardwood, Laminate

Exterior

Exterior Feature Other

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

School District Schenectady

Others

Tax ID 421500 39.65-3-23

Special Listing Condition Standard

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Erin Steinbach

Erin Steinbach

+1(518) 222-6031

Lic. Associate R. E. Broker | License ID: 10301217507

Lic. Associate R. E. Broker License ID: 10301217507

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