1595 Union St

Schenectady, NY 12309
  • $369,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 1,804

    SqFt

About the Listing o584B - 33562

Turnkey four unit opportunity in Schenectady's Upper Union Street corridor. This quadruplex offers four separate one bedroom, one bath units, two on the first floor and two on the second, each with its own kitchen, living space with combined dining area, full bath, refrigerator, and range. Recent updates throughout include fresh paint, new flooring, updated kitchens, and modernized baths, so the work is already done for you. The property offers an estimated 13.9% cap rate, well above the average cap rate typically seen across New York's Capital Region, representing a strong income producing return. Parking is a standout, with a driveway, a 2 car garage, and additional parking behind the building for an estimated 6 to 8 total spaces. Four separate electric meters and four separate water meters keep utilities simple. Additional features include an unfinished basement with laundry, a level 0.12 acre lot with chain link fenced back yard, a storage shed, forced air heat, and asphalt shingle roof. Close to the Upper Union Street shops and restaurants with quick access to I 890, Route 7, and the Thruway. Showings through showing service. Taxes are estimated. All figures are estimates and should be independently verified by buyer.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 202624063
Year Built 1984
Total Square Footage 1,804
Lot/Acreage 0.12
County Schenectady
School District Schenectady
High School Schenectady

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances: Fuel Tank(s)
  • Air Cond:
  • Heating: Forced Air,Oil
  • Fireplaces:
  • Floor: Vinyl,Tile
  • Above Ground Sq Ft: 1804
  • Below Ground Sq Ft: 0
  • Basement: Unfinished
  • Other: Ceramic Tile Bath
  • Water: Public

Exterior Details

  • Lot Description: Level
  • Garage Capacity: 2 car
  • Parking Spaces: 0
  • Roof: Shingle,Asphalt
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $7,344
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 421500 50.30-1-30
  • Tax Year: N/A

Payment Calculator

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1595 Union St Schenectady, NY 12309

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Originating MLS: Global MLS

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