Schenectady, NY 12308 · Schenectady County

Two adjacent apartment buildings with ten units total represent a turnkey income investment in central Schenectady. Built in 1985 and spanning nearly 10,000 square feet on a 0.43-acre lot, the properties have undergone over $220,000 in renovations since 2022, including kitchen and bath updates, flooring refinishing, plumbing and mechanical work, and exterior improvements. Tenants cover utilities; both buildings offer off-street parking and garages. The location near Union College, Ellis Hospital, and downtown Schenectady provides proximity to employment centers, shopping, dining, and highway access.
Exceptional opportunity to acquire two fully occupied five-unit apartment buildings offered together as a 10-unit investment portfolio. This turnkey package features a diverse unit mix, strong rental history, and over $220,000 in capital improvements since 2022, including renovated apartments, updated kitchens and baths, refinished hardwood and luxury vinyl flooring, plumbing and mechanical upgrades, exterior painting, and more. Tenants pay their own utilities. Both properties offer off-street parking, with garages at 1114 Union St. Ideally located near Union College, Ellis Hospital, downtown Schenectady, shopping, dining, and major highways. Financials available upon request.
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Schenectady is in Schenectady County, NY. There are currently 186 active listings here, ranging from $19,000 to $156,200,000. Listings in this address fall under the Schenectady school district. Priced 472% above the Schenectady median of $279,900.
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Realty One Group Key · Listed by Ryan Mortka (31807)
Contact: 518-534-3714
MLS #202621204 · Source: Global MLS, Inc.
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Every change captured by Global MLS since this listing went live.
Real numbers from current MLS data. Not a third-party estimate.