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2003 Hamburg Street

Schenectady, NY 12304
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Bed 6

Bed

Bath 4

Bath

SqFt3,024

Sqft

Acres0.18

Acre(Lot)

Excellent investment opportunity in the Mohonasen School District! This triplex offers three income-producing units plus a separate additional building, a and major recent improvements. The spacious first-floor apartment features 4 bedrooms and 1.5 baths and currently rents for $1,800/month. The second floor consists of two 1-bedroom, 1-bath apartments currently renting for $750 and $850/month, respectively, for a total current gross rental income of $3,400/month. Adding even more versatility is a separate building formerly used as a jewelry shop and currently utilized as a workshop--offering excellent potential for storage, workspace, or other permitted uses. The property also features a large fenced-in backyard, brand-new septic system, brand-new roof, and public water. With stron g existing rental income and the potential for a double-digit cap rate depending on purchase price and operating expenses, 2003 Hamburg Street presents an exciting opportunity for investors looking to add a unique multi-unit property to their portfolio. Convenient Schenectady-area location within the Mohonasen School District. Don't miss this opportunity!

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Detail Ic Property Details

Property Type : Residential Income

Price : $329,900

AD Id : 91395924

MLS Id : 202626557

Beds : 6

Lot Size : 0.18 Acre

Living Area Size : 3,024 Sq. Ft

Tax Amount : $4,988

Year Built : 1960

County : Schenectady

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Flooring Information

    Vinyl, Wood, Carpet, Ceramic Tile
  • Roofing Information

    Shingle, Asphalt
  • Interior Features

    High Speed Internet Roof: Shingle, Asphalt Laundry Features: Common Area, In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1960 Construction Materials: Vinyl Siding Patio And Porch Features: Deck, Patio Private Pool: No
  • Exterior Features

    Exterior Features: Other

  • Lot Information

    Main Square Feet: 0.18 Acres Lot Size Acres: 0.18 Lot Size Square Feet: 7840.8 Lot Description: Private, Cleared, Corner Lot

  • Listing Price Information

    Listing Price: $329900

  • Tax Information

    Parcel Number: 422800 59.7-9-12 Tax Lot: 12.000 Tax Block: 9 Annual Tax: $4988

  • Parking Information

    Parking Total: 4 Paved

  • Location Information

    Direction: North on Hamburg St. Property located at the corner of Hamburg St and Schermerhorn St. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2187 Central Avenue, Schenectady, NY, 12304 $500,000 7 4 2,944 0.39 Acre
17 Berwyn Street, Schenectady, NY, 12304 $435,000 4 2 1,924 0.33 Acre
3014 Albany Street, Schenectady, NY, 12304 $170,000 6 2 2,048 0.10 Acre
434 Division Street, Schenectady, NY, 12304 $369,999 5 2 2,400 0.07 Acre
117 Henry Street, Schenectady, NY, 12304 $220,000 5 2 1,600 0.14 Acre
22 Elder Street, Schenectady, NY, 12304 $449,000 9 2 3,440 0.08 Acre
131 Furman Street, Schenectady, NY, 12304 $299,000 5 3 2,330 0.13 Acre

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ByOwner last updated this listing 09/27/2026 @ 14:48

MLS: 202626557 LISTED BY: Joshua Wolin, Coldwell Banker Prime Properties 518-439-9600 SOURCE: Global MLS

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