1405 State Street, Schenectady, NY 12304
Local realty services provided by:CENTURY 21 North East
Listed by: christine m serafini
Office: miranda real estate group inc
MLS#:202612235
Source:Global MLS
Price summary
- Price:$350,000
- Price per sq. ft.:$111.61
About this home
Fantastic investment opportunity! Investor owned for 20 years and now it is someone else's turn! This well-maintained 4-unit building offers strong positive cash flow in a prime location on the bus line. The property consists of two 1-bedroom apartments and two 2-bedroom apartments, with room to grow to market rents and increase your return. Each spacious unit features large rooms, eat-in kitchens, beautiful woodwork with classic columns and built-ins, hardwood floors, bay windows, and ceramic tile finishes. Tenants pay their own hot water and electric, while the owner provides heat, currently on a NIMO budget plan of just $298/month, keeping expenses predictable and manageable. Gas hot water radiators provide efficient heating.
Additional highlights include a roof that is only 3 years old, vinyl siding, and separate utilities. Conveniently located near shopping, dining, and major routes, this property offers both solid income and long-term upside. A turnkey addition to any investor's portfolio with built-in value-add potential!
Contact an agent
Home facts
- Year built:1984
- Listing ID #:202612235
- Added:10 day(s) ago
- Updated:March 02, 2026 at 06:41 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood, Laminate
- Basement Description:Full
- Living area:3,136 sq. ft.
Heating and cooling
- Heating:Forced Air, Hot Water, Natural Gas
Structure and exterior
- Roof:Slate
- Year built:1984
- Building area:3,136 sq. ft.
- Lot area:0.08 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Front Porch
Schools
- High school:Schenectady
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$111.61
- Tax amount:$7,421
Features and amenities
- Amenities:Other
New listings near 1405 State Street
- Open Sat, 12 to 2pmNew
$279,000Active3 beds 1 baths972 sq. ft.226 Glengary Road, Schenectady, NY 12304
MLS# 202612583Listed by: REALTY ONE GROUP KEY - New
$275,000Active5 beds 2 baths2,544 sq. ft.1182-1184 Glenwood Boulevard, Schenectady, NY 12308
MLS# 202612575Listed by: HOWARD HANNA CAPITAL INC - New
$195,000Active3 beds 1 baths1,200 sq. ft.118 Degraff Street, Schenectady, NY 12308
MLS# 202612548Listed by: BIG BLUE REALTY GROUP INC - New
$345,000Active4 beds 2 baths1,352 sq. ft.1034 Wayne Road, Schenectady, NY 12303
MLS# 202612527Listed by: SIGNATURE ONE REALTY GROUP LLC - New
$169,900Active3 beds 1 baths980 sq. ft.1517 Rutgers Street, Schenectady, NY 12303
MLS# 202612520Listed by: CIVILL REALTY - New
$84,900Active2 beds 1 baths644 sq. ft.1324 8th Avenue, Schenectady, NY 12303
MLS# 202612489Listed by: SCORZAFAVA REAL ESTATE GROUP LLC - New
$349,900Active3 beds 1 baths1,484 sq. ft.15 Maywood Drive, Schenectady, NY 12302
MLS# 202612469Listed by: COLDWELL BANKER PRIME PROPERTIES - New
$274,900Active2 beds 2 baths1,268 sq. ft.173 Marshall Avenue, Schenectady, NY 12304
MLS# 202612435Listed by: CLANCY REAL ESTATE - New
$239,900Active3 beds 2 baths1,442 sq. ft.1023 Lexington Avenue, Schenectady, NY 12309
MLS# 202612437Listed by: REMAX SOLUTIONS - New
$284,900Active2 beds 1 baths1,277 sq. ft.1090 Sacandaga Road, Schenectady, NY 12302
MLS# 202612422Listed by: CLANCY REAL ESTATE