Property Back to Market Report Property

Not Provided, NY Not Provided

$455,400
7
BD
5
BA
3,368
SqFt
Property Back to Market Report Property
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Sold Price
$455,400
List Price
$500,000
Closing Date
Jun 10, 2026
MLS#
202613219
Style
Apartment 4 Plus Unit
Bedrooms
7
Bathrooms
5
Subdivision
Select One
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(518) 225-0454

Property Description

Turn-key 5-unit investment property located in the desirable Upper Union Street corridor of Schenectady, offered in conjunction with the neighboring 10-unit apartment building to create a 15-unit income-producing portfolio with positive cash flow. This well-maintained building features five updated and modernized apartments, including 2 furnished turn-key units available for immediate rental. Apartments offer attractive layouts with hardwood floors, updated kitchens, ceramic tile baths, and modern finishes, creating desirable living spaces for tenants. Designed with investors in mind, tenants pay their own utilities, keeping operating expenses efficient. The property has also seen important improvements including updated mechanical systems and roof, making it a true turn-key investment. The building includes paved off-street parking and is adjoined by a private parking lot shared with the neighboring property, providing convenient parking for residents. **Sold together with the adjacent 10-unit building**, this offering creates a **15-unit portfolio opportunity in one of Schenectady's most recognizable residential corridors**. These **staple Upper Union Street investment buildings** provide immediate income and long-term portfolio value for investors looking to expand or begin their holdings. Financials available upon request.

(518) 225-0454
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Additional Information

Taxes
$6,827
Acres
0.09
Lot Description
Level
School District
Schenectady
Interior Features
Ceramic Tile Bath, Solid Surface Counters, Built-in Features
Heating
Electric, Baseboard, Hot Water
Cooling
None
Exterior Features
Other
Construction
Vinyl 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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