Overview
- Updated On:
- March 16, 2026
- Multi Family
- Category
- 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.
- Principal and Interest
- Property Tax
- HOA fee
