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Not Provided, NY Not Provided

$924,600
12
BD
11
BA
5,077
SqFt
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Sold Price
$924,600
List Price
$995,000
Closing Date
Jun 10, 2026
MLS#
202613212
Style
Apartment 4 Plus Unit
Bedrooms
12
Bathrooms
11
Subdivision
Select One
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(518) 225-0454

Property Description

Exceptional investment opportunity in Schenectady's highly desirable Upper Union Street corridor! This stately mansion-style 10-unit apartment building offers strong income potential and positive cash flow and tenants pay their own heat and electric. The property features nine 1-bedroom apartments and one spacious 3-bedroom, 2-bath unit with central air, providing a great mix of rental options with one furnished turn-key unit. This beautiful building showcases classic character throughout, including original moldings, hardwood floors, beamed ceilings, stained glass, and a grand foyer, while offering modern updates that tenants appreciate. Many units feature granite countertops, updated kitchen cabinetry, and ceramic tile baths, and all apartments are filled with natural light and timeless architectural charm. Major improvements include updated mechanicals, separate electric meters, and a newer roof, making this a solid addition to any investment portfolio. The property also offers coin-operated laundry, a private paved parking lot with 10 off-street parking spaces, and a bus stop conveniently located nearby. With long-term tenants already in place, this property provides immediate income with room for continued growth. Offered together with the neighboring 5-unit building at 920 McClellan Street, creating a 15-unit portfolio opportunity with strong cash flow potential. Financials available upon request.

(518) 225-0454
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Additional Information

Taxes
$11,969
Acres
0.24
School District
Schenectady
Interior Features
Ceramic Tile Bath, Solid Surface Counters
Heating
Electric, Baseboard, Forced Air
Cooling
Central Air, None, Other
Exterior Features
Other
Construction
Wood Siding
Roof
Asphalt
Sewer
Public Sewer
Water
Public
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Calculator source: Real Geeks

Listing courtesy of listing agent Christine M Serafini with Miranda Real Estate Group Inc Brokerage, 518-514-8830.

Selling Office: Jandali Realty.

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