905 Mason Street, Schenectady, NY 12308, Schenectady

$ 425,000
905 Mason Street, Schenectady, NY 12308,

Overview

  • Updated On:
  • March 16, 2026
  • 788351
  • Property ID
  • 7
  • Bedrooms
  • 5
  • Bathrooms
  • 3,624 ft2
  • Property Size

Description

Exceptional 5-unit investment opportunity on a corner lot in Schenectady, boasting a 10% cap rate. This income-producing property features five units with a strong rent profile at $1,000 per unit per month. The front studio unit and rear two-bedroom unit are currently vacant, offering immediate value-add potential for an owner-occupant or investor to lease at market rates. Additional highlights include a detached 3-car garage providing extra income potential, and fully paid-off solar panels, significantly reducing operating expenses. Conveniently located with easy access to local amenities, this property presents a rare combination of cash flow, upside, and efficiency. The property features a 2 year old roof which was replaced prior to the solar panels being installed.

Address: 905 Mason Street, Schenectady, NY 12308
State/County:
Zip: 12308
Country: United States

Property Id: 788351
Price: $ 425,000
Property Size: 3,624 ft2
Property Lot Size: 0 ft2
Bedrooms: 7
Bathrooms: 5
Listed By: Christopher Serra
Listing Agent Email: chris.serra@coldwellbankerprime.com
Listing Agent Phone: 518-630-3796
Listing Brokerage: Coldwell Banker Prime Properties

Other Features
Has Heating System
None
Open Parking

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$ 2,179.06
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,647.81

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