Price $500,000
Status Active
Beds 7
Baths 5 Baths
Home size 3,368 sqft
Lot Size 3,921 sqft
Days on Market 3
Turn-key 5-unit investment property located in the desirable Upper Union Street corridor of Schenectady, offered in conjunction with the neighboring 10-unit apartment building to create a 15-unit income-producing portfolio with positive cash flow. This well-maintained building features five updated and modernized apartments, including 2 furnished turn-key units available for immediate rental. Apartments offer attractive layouts with hardwood floors, updated kitchens, ceramic tile baths, and modern finishes, creating desirable living spaces for tenants. Designed with investors in mind, tenants pay their own utilities, keeping operating expenses efficient. The property has also seen important improvements including updated mechanical systems and roof, making it a true turn-key investment. The building includes paved off-street parking and is adjoined by a private parking lot shared with the neighboring property, providing convenient parking for residents. **Sold together with the adjacent 10-unit building**, this offering creates a **15-unit portfolio opportunity in one of Schenectady's most recognizable residential corridors**. These **staple Upper Union Street investment buildings** provide immediate income and long-term portfolio value for investors looking to expand or begin their holdings. Financials available upon request.
Property Type(s): Multi Family
Last Updated 3/12/2026 Year Built 1984
County Schenectady

SCHOOLS

High School Schenectady

Additional Details

AIR None
BASEMENT Full, Yes
CONSTRUCTION Vinyl Siding
EXTERIOR Other
FIREPLACE Yes
HEAT Baseboard, Electric, Hot Water, Natural Gas
INTERIOR Built-in Features
LOT 3920 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 0.09
PARKING Paved, Driveway
SEWER Public Sewer
STYLE Apartment 4 Plus Unit
TAXES 6827.14
UTILITIES Sewer Connected
WATER Public
 

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