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Pending
  • $230,000

    553 Mumford Street, Schenectady, NY 12307

    6beds
    2,200sqft
    Duplex, Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $105/sqft
    $-- HOA

    What's special

    Off-street parkingLarge side lotCorner lot
    Investment Opportunity in Schenectady, NY! This 2021-renovated duplex is perfect for both investors and those looking to owner-occupy. The upstairs unit is currently rented, generating $1,500 monthly, while the vacant downstairs unit can bring in $1,800 monthly. Together, the property can generate $3,300 per month or $39,600 annually in rental income, offering a solid 11% cap rate. With off-street parking, a large side lot, and a corner lot location, this property provides plenty of space and convenience for tenants. Located less than a mile from I-890 and only 1.5 miles from Rivers Casino, it's ideally situated near key amenities. Whether you're looking to grow your portfolio or live and earn, this opportunity offers excellent cash flow and long-term investment potential. Don't miss out!
    232 days
    on Zillow
    |
    77
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 24, 2025 at 08:15am

    Listing by:

    eXp Realty 888-276-0630,

    John O'Neill-Knasick 518-953-7376,

    Stephanie Quattropani 315-920-9849,

    eXp Realty

    Source: Global MLS,MLS#: 202424890MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Laundry Room, Main Level
    Features
    • Flooring: Laminate
    • Basement: Exterior Entry,Full,Walk-Out Access
    Interior area
    • Total structure area: 2,200
    • Total interior livable area: 2,200 sqft
    • Finished area above ground: 2,200
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Driveway
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Other
    • Fencing: Back Yard,Chain Link,Fenced,Perimeter
    • Has view: Yes
    • View description: City
    Lot
    • Size: 9,583.2 Square Feet
    • Features: Level, Road Frontage, Corner Lot
    Details
    • Parcel number: 421500 49.31421.1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Drywall
    • Roof: Shingle
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Schenectady

    Financial & listing details

    • Price per square foot: $105/sqft
    • Tax assessed value: $180,424
    • Annual tax amount: $5,000
    • Date on market: 9/6/2024
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