Pleased to present 8-16 Swan Street, a 15-unit multifamily portfolio spanning three buildings in Schenectady. The property offers established in-place income with meaningful upside through multiple channels, including below-market rents, a largely flexible rent roll, an underutilized coin-operated laundry facility, substantial off-street parking, and a separate storage building. Separate tenant-paid utilities provide a strong operating foundation, while the scale of the portfolio and concentration of additional income opportunities give new ownership several clear paths to grow NOI. Conveniently located near Downtown Schenectady, I-890, Union College, and significant ongoing investment throughout the surrounding area.
Property Type(s):
Multi Family
|
Last Updated
|
9/24/2026
|
Year Built
|
1902
|
|
Garage Spaces
|
3.0
|
County
|
Schenectady
|
SCHOOLS
Additional Details
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Unfinished, Yes |
| CONSTRUCTION |
Block, Brick, Vinyl Siding |
| EXTERIOR |
None |
| GARAGE |
Yes |
| HEAT |
Forced Air, Natural Gas |
| LOT |
40 acre(s) |
| LOT DIMENSIONS |
40.0 |
| SEWER |
Public Sewer |
| STYLE |
Apartment 4 Plus Unit |
| TAXES |
20136.44 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Hamel Real Estate LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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