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 strong 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!
Property Type(s):
Multi Family
|
Last Updated
|
9/21/2026
|
Year Built
|
1960
|
|
County
|
Schenectady
|
SCHOOLS
Additional Details
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Unfinished, Yes |
| CONSTRUCTION |
Vinyl Siding |
| EXTERIOR |
Other |
| HEAT |
Forced Air, Natural Gas |
| INTERIOR |
High Speed Internet |
| LOT |
7841 sq ft |
| LOT DESCRIPTION |
Cleared, Corner Lot, Private |
| LOT DIMENSIONS |
0.18 |
| PARKING |
Paved |
| SEWER |
Septic Tank |
| STYLE |
Other |
| TAXES |
4988 |
| WATER |
Public |
Location
This listing courtesy of Coldwell Banker Prime Properties
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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