Investor opportunity in Schenectady's historic Stockade District. This 2,186 square foot quadruplex offers four separate units with strong income potential and a total potential gross cap rate of 13.82%. Tucked into the city's oldest and most walkable neighborhood along the Mohawk River, the property pairs historic character (original tin ceilings and period detailing) with updated kitchens and baths throughout. Each unit lives comfortably with its own kitchen and full bath, and the building sits just steps from downtown Schenectady's dining, waterfront, and SUNY Schenectady. Please note: this property is being offered as an assignment of contract. This property is being sold as an Assignment Sale.
Listing courtesy of listing agent Moonrani G Gumani with Miranda Real Estate Group Inc Brokerage, 201-238-4972.
©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated