Property Back to Market Report Property

8-16 Swan Street, Schenectady, NY 12307

$1,575,000
44
BD
15
BA
16,461
SqFt
Property Back to Market Report Property
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List Price
$1,575,000
MLS#
202626865
Style
Apartment 4 Plus Unit
Bedrooms
44
Bathrooms
15
Subdivision
Select One
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(518) 225-0454

Property Description

Pleased to present 8-16 Swan Street, a 15-unit multifamily portfolio spanning three buildings in Schenectady. The property offers established in-place income with meaningful upside through multiple channels, including below-market rents, a largely flexible rent roll, an underutilized coin-operated laundry facility, substantial off-street parking, and a separate storage building. Separate tenant-paid utilities provide a strong operating foundation, while the scale of the portfolio and concentration of additional income opportunities give new ownership several clear paths to grow NOI. Conveniently located near Downtown Schenectady, I-890, Union College, and significant ongoing investment throughout the surrounding area.

(518) 225-0454
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Additional Information

Taxes
$20,136
Acres
40
School District
Schenectady
Heating
Forced Air
Cooling
Window Unit(s)
Exterior Features
None
Construction
Block, Brick, Vinyl Siding
Roof
Rubber, Asphalt
Garage Spaces
3
Sewer
Public Sewer
Water
Public
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Listing courtesy of listing agent Colin Young with Hamel Real Estate LLC Brokerage, 518-221-6236.

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