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!
Property Type(s):
Multi Family
|
Last Updated
|
2/19/2026
|
Year Built
|
1984
|
|
County
|
Schenectady
|
SCHOOLS
Additional Details
| AIR |
None |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Vinyl Siding |
| EXTERIOR |
Other |
| HEAT |
Forced Air, Hot Water, Natural Gas |
| LOT |
3485 sq ft |
| LOT DIMENSIONS |
35X105 |
| SEWER |
Public Sewer |
| STYLE |
Other |
| TAXES |
7421.98 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Miranda Real Estate Group Inc
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.