1405 State St

Schenectady, NY 12304
  • $350,000

    Price
  • 6

    Bed
  • 4

    Bath
  • 3,136

    SqFt

About the Listing o584B - 6708

Fantastic investment opportunity! Investor owned for 20 years and now it is someone else's turn! This well-maintained 4-unit building offers strong positive cash flow in a prime location on the bus line. The property consists of two 1-bedroom apartments and two 2-bedroom apartments, with room to grow to market rents and increase your return. Each spacious unit features large rooms, eat-in kitchens, beautiful woodwork with classic columns and built-ins, hardwood floors, bay windows, and ceramic tile finishes. Tenants pay their own hot water and electric, while the owner provides heat, currently on a NIMO budget plan of just $298/month, keeping expenses predictable and manageable. Gas hot water radiators provide efficient heating. Additional highlights include a roof that is only 3 years old, vinyl siding, and separate utilities. Conveniently located near shopping, dining, and major routes, this property offers both solid income and long-term upside. A turnkey addition to any investor's portfolio with built-in value-add potential!

Listing Highlights

Status Active
Days on Site 7
Property Type Multi-Family
MLS ® 202612235
Year Built 1984
Total Square Footage 3,136
Lot/Acreage 0.08
County Schenectady
School District Schenectady
High School Schenectady

Interior Details

  • Bedrooms: 6
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Hot Water,Natural Gas
  • Fireplaces:
  • Floor: Ceramic Tile,Hardwood,Laminate
  • Above Ground Sq Ft: 3136
  • Below Ground Sq Ft: 0
  • Basement: Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 35X105
  • Roof: Slate
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $7,422
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 421500 49.60-3-45
  • Tax Year: N/A

Payment Calculator

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1405 State St Schenectady, NY 12304

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Originating MLS: Global MLS

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