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Listed price in listed location currency (USD).
$350,000

640

MLS® 202612235

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3136 sqft
Garage No
Taxes $7,422
Days Active 1
Lot Size 0.08 acres
Approx. Age 1984
Avg. Price Per Sqft $111
MLS® Number 202612235

Property Address: 1405 State Street, Schenectady, NY, 12304

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number202612235
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageNo
Approx. Age1984
BasementFull
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 19, 2026List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
1405 State Street, Schenectady, NY

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