Login

4 River Street, Schenectady, NY 12305

Schenectady
Local realty services provided by:CENTURY 21 Adirondacks
4 River Street,Schenectady, NY 12305
$750,000
Virtual Tour
  • 12 Beds
  • 7 Baths
  • 5,829 sq. ft.
  • Multi-family
  • Active
Listed by: craig clermont
Office: carrow real estate services llc.
MLS#:202625284
Source:Global MLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$128.67

About this home

Well-Maintained 6-Unit Multifamily Investment Opportunity -- $750,000 Fully rented and turnkey, this 6-unit multifamily property offers a stable, income-producing asset with room to grow. Each unit is separately metered with individual gas furnace heat and its own hot water tank, keeping utility costs cleanly divided between tenants. The property also features ample on-site parking for residents, and is located +/- 250 feet from the ALCO Heritage Trail bike path. Currently generating an approximate 6% cap rate, the property presents a clear path to an estimated 8% cap rate through market-rate rent adjustments -- offering investors meaningful upside in both cash flow and long-term value. A well-maintained, fully occupied property with strong fundamentals and clear growth potential. Pro forma available upon request.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Listing ID #:202625284
  • Added:51 day(s) ago
  • Updated:October 24, 2026 at 02:36 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:7
  • Full bathrooms:6
  • Half bathrooms:1
  • Basement Description:Full, Unfinished
  • Living area:5,829 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Rolled/Hot Mop
  • Year built:1950
  • Building area:5,829 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Level
  • Architectural Style:Apartment 4 Plus Unit
  • Construction Materials:Brick

Schools

  • High school:Schenectady

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$128.67
  • Tax amount:$15,721

Parking

  • Total parking spaces:20
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved. NY_GCAR Member Broker: Angela Brown

New listings near 4 River Street