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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!
Location
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
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