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703 Union Street

Schenectady, NY 12305
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Bed 3

Bed

Bath 3

Bath

SqFt2,578

Sqft

Acres0.09

Acre(Lot)

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 op erate 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $375,000

AD Id : 76660838

MLS Id : 202614157

Beds : 3

Lot Size : 0.09 Acre

Living Area Size : 2,578

Year Built : 1900

County : Schenectady

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 1 Half Baths: 2

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Hardwood, Laminate
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1900 Construction Materials: Other, Vinyl Siding Private Pool: No
  • Exterior Features

    Exterior Features: Other

  • Lot Information

    Main Square Feet: 0.09 Acres Lot Size Acres: 0.09 Lot Size Square Feet: 3920.4

  • Listing Price Information

    Listing Price: $375000 Original Price: $405000

  • Tax Information

    Parcel Number: 421500 39.65-3-23 Tax Lot: 23.000 Tax Block: 3 Annual Tax: $5467

  • Parking Information

    Parking Total: 6

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Schenectady
  • Utility Information

    Sewer Connected
  • Location Information

    Direction: One block west of Union College, just before the corner of Lafayette/Park (same side as Union College). WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
714 Union Street, Schenectady, NY, 12305 $495,000 6 5 2,932 2,932 SqFt
208 Front Street, Schenectady, NY, 12305 $815,000 4 4 6,279 6,279 SqFt
229 Green Street, Schenectady, NY, 12305 $284,900 4 3 2,353 2,353 SqFt
13 Ingersoll Avenue, Schenectady, NY, 12305 $284,900 4 2 2,078 2,078 SqFt
19 Ingersoll Avenue, Schenectady, NY, 12305 $246,000 4 2 1,928 1,928 SqFt
7 Union Street, Schenectady, NY, 12305 $575,000 6 6 4,984 4,984 SqFt

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ByOwner last updated this listing 06/09/2026 @ 22:11

MLS: 202614157 LISTED BY: Pavel Karakalchu, Gucciardo Real Estate LLC 518-221-9079 SOURCE: Global MLS

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