Active

1405 State Street

Schenectady, NY 12304

$325,000 $1,370/Mo

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Overview

Bed

Bath

3,136

Sqft

0.08

Acre(Lot)

Description

Prime Investment Opportunity: This rock solid, four unit multifamily property is a cash flowing gem perfect for investors or owner occupants looking to live for free while tenants pay the mortgage. The building features three stable, long-term tenants with recent rent increases who would love to stay ensuring immediate, reliable income. One vacant unit ready for move-in or top market rent. Boasting a roof only four years old and separate utility meters, the spacious units are filled with original charm, featuring hardwood flooring, beautiful built-ins, updated tile bathrooms, and a massive walk-up attic with incredible potential for a future value add as additional living space. Situated on a direct bus line in a high-demand rental market with strong neighborhood presence and seamless proximity to downtown restaurants and amenities, this turn-key property is an absolute powerhouse for your portfolio. Contact the listing agent for more interior photos.

Property Details

Property Type : Residential Income

Price : $325,000

AD Id : 82914509

MLS Id : 202619267

Beds : 6

Lot Size : 0.08 Acre

Living Area Size : 3,136

Year Built : 1984

County : Schenectady

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 4 Full Baths: 4

Room Information

Has Basement: Yes Basement: Full, Unfinished
Flooring Information

Tile, Ceramic Tile, Hardwood, Laminate
Roofing Information

Shingle
Interior Features

High Speed Internet, Built-in Features, Crown Molding Roof: Shingle Window Features: Bay Window(s)
Heating & Cooling

Has Heating: Yes Heating: Hot Water, Natural Gas Cooling: None

Building Information

Year Built: 1984 Construction Materials: Vinyl Siding Patio And Porch Features: Rear Porch, Deck, Front Porch Private Pool: No
Exterior Features

Exterior Features: Other

Lot Information

Lot Dimensions: 35 x 105 Main Square Feet: 0.08 Acres Lot Size Acres: 0.08 Lot Size Square Feet: 3484.8

Listing Price Information

Listing Price: $325000

Tax Information

Parcel Number: 421500 49.60-3-45 Tax Lot: 45.000 Tax Block: 3 Annual Tax: $6977.76

Parking Information

None, No Garage

School Information

Elementary School: Paige

Junior High School:

Senior High School: Schenectady
Utility Information

Sewer Connected
Location Information

Direction: State Street between Robinson and Haigh WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
234 Jackson Avenue, Schenectady, NY, 12304	$425,000	4	4	2,400	2,400 SqFt
117 Henry Street, Schenectady, NY, 12304	$225,000	4	2	1,600	1,600 SqFt
117-119 Odell Street, Schenectady, NY, 12304	$310,000	4	2	2,074	2,074 SqFt
39 Kelton Avenue, Schenectady, NY, 12304	$419,900	6	5	3,040	3,040 SqFt

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ByOwner last updated this listing 06/12/2026 @ 05:42

MLS: 202619267 LISTED BY: Andrea Tallman, KW Platform 518-724-5800 SOURCE: Global MLS