
| 1405 State St Schenectady NY 12304 | |
| Price | $ 350,000 |
| Listing ID | 202612235 |
| Property Type | Multifamily |
| Beds | 6 |
| Baths | 4 |
| House Size | 3136 |
Description
antastic 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!
Property Features
Close to gym/workout facility
Close to shopping
Near highway/freeway
Near schools
Public transportation access
Ceramic tiles flooring
Eat-in kitchen
Forced air heating
Gas heating
Hardwood flooring
Listed By:
Willie Miranda
Miranda Real Estate Group, Inc.
518-348-2060


