PRICE REDUCTION: Fully occupied 6-unit apartment building offered at a 10% cap rate based on as-is income and expenses. 5 1BR's, one studio, and 3 garage bays. $125/mo upside to rent if owner's garage bay is leased to new tenant. 3 units recently renovated and upside to the rents. Tenants pay ALL utilities. 6 parking spaces onsite. New shingle roof (2011), updated electric and new hot water tanks (2011).
Off market
$355,100
1659 Broadway, Schenectady, NY 12306
5beds
3,280sqft
MultiFamily
Built in 1965
-- sqft lot
$355,100 Zestimate®
$108/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Electric
Features
- Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl
Interior area
- Total interior livable area: 3,280 sqft
- Finished area below ground: 1000
Property
Parking
- Total spaces: 3
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl, Wood
Lot
- Size: 10,018 sqft
- Features: Irregular Lot
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Good
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Schenectady
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard, Electric
- GarageYN: true
- HeatingYN: true
- Flooring: Laminate, Hardwood, Vinyl, Carpet-Wall/Wall
- CoolingYN: true
- FoundationDetails: Slab
- PropertyCondition: Good
- ConstructionMaterials: Vinyl Siding, Wood Siding
- Cooling: Window Unit(s)
- ExteriorFeatures: Porch, Storm Windows, Drive-Paved, Storm Door(s)
- ParkingFeatures: Detached
- WaterSewerExpense: 0
- RoomsTotal: 23
- StructureType: Multi Family
- LotFeatures: Irregular Lot
- BelowGradeFinishedArea: 1000
- FuelExpense: 0
- Roof: Asphalt Shingle
- GrossIncome: 44940
- BusinessName: Actual
- MlsStatus: Active