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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,806 sqft
Price per Sqft $135
MLS Listing ID 202614888
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1920
Annual Tax Amount $6,063
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X115
Property Sub-Type Triplex
Source Global MLS
Property Description
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.
Location
State NY
County Schenectady
Direction Turn onto Albany St from Nott Terrace. Then take a right onto Georgetta Dix Plaza. GPS
Interior
Heating Forced Air, Radiant, Natural Gas
Flooring Vinyl, Tile, Wood
Exterior
Exterior Feature None
Parking Features Off Street
Roof Type Slate
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Schenectady
Others
Tax ID 421500 49.24-3-31 01
Special Listing Condition Standard
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Erin Steinbach
Lic. Associate R. E. Broker | License ID: 10301217507
Lic. Associate R. E. Broker License ID: 10301217507