Investor Opportunity! This 5-unit income-generating property in the heart of Schenectady is fully occupied and ready to add to your portfolio. With a mix of 1- and 2-bedroom units, this well-maintained building offers steady cash flow and strong rental history. Each unit features separate utilities, updated mechanicals, and spacious layouts. Tenants enjoy off-street parking and a convenient location close to public transportation, shopping, restaurants, and SUNY Schenectady County Community College. Whether you're a seasoned investor or just getting started, this property offers a solid return with room to grow.
Closed
$400,000
49 Washington Avenue, Schenectady, NY 12305
7beds
3,820sqft
Multi Family
Built in 1960
-- sqft lot
$404,200 Zestimate®
$105/sqft
$1,751 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 11:17am
Listed by:
Paul A Friello 518-424-3728,
Coldwell Banker Prime Properties,
William J Lane 518-605-8394,
Coldwell Banker Prime Properties
Bought with:
David T Schwartz, 10401300014
KW Platform
Source: Global MLS,MLS#: 202518766

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Space Heater, Natural Gas
Cooling
- None
Features
- Flooring: Vinyl, Wood, Carpet, Ceramic Tile, Hardwood
- Basement: Full
Interior area
- Total structure area: 3,820
- Total interior livable area: 3,820 sqft
- Finished area above ground: 3,820
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Attached, Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 5,227 sqft
- Features: Level, Cleared
Details
- Additional structures: Shed(s)
- Parcel number: 421500 39.63337
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Block, Wood Siding
- Foundation: Combination
- Roof: Shingle,Asphalt
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Schenectady