8-16 Swan Street, Schenectady, NY 12307
8-16 Swan Street, Schenectady, NY 12307
8-16 Swan Street, Schenectady, NY 12307
8-16 Swan Street, Schenectady, NY 12307
8-16 Swan Street, Schenectady, NY 12307
8-16 Swan Street, Schenectady, NY 12307
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Listed by Colin Young • Hamel Real Estate LLC
$ 1,575,000
Est. payment | /mo

44 Beds

15 Baths

16,461 SqFt

Save Virtual Tour
$ 1,575,000
Est. payment | /mo
Save Virtual Tour

44 Beds

15 Baths

16,461 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,461 sqft

Price per Sqft $95

MLS Listing ID 202626865

Bedrooms 44

Full Baths 15

HOA Y/N No

Year Built 1902

Annual Tax Amount $20,136

Lot Size 40.000 Acres

Acres 40.0

Property Sub-Type Multi Family

Source Global MLS

Property Description

Pleased to present 8-16 Swan Street, a 15-unit multifamily portfolio spanning three buildings in Schenectady. The property offers established in-place income with meaningful upside through multiple channels, including below-market rents, a largely flexible rent roll, an underutilized coin-operated laundry facility, substantial off-street parking, and a separate storage building. Separate tenant-paid utilities provide a strong operating foundation, while the scale of the portfolio and concentration of additional income opportunities give new ownership several clear paths to grow NOI. Conveniently located near Downtown Schenectady, I-890, Union College, and significant ongoing investment throughout the surrounding area.

Location

State NY

County Schenectady

Direction West on Rt.-5 towards Downtown Schenectady, right onto Swan.

Interior

Heating Forced Air, Natural Gas

Exterior

Exterior Feature None

Garage Spaces 3.0

Roof Type Rubber,Asphalt

Building

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Schenectady

Others

Tax ID 421500 49.42-4-28, 49.42-4-27, 49.42-4-26

Special Listing Condition Standard

Virtual Tour https://app.doaudiotours.com/unbranded?id=31285&lang=en-US

Nearby Locations

Brandon Castle

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(518) 894-7976

castlerealestate518@gmail.com

687 Acorn Dr, Niskayuna, New York Niskayuna, USA

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8-16 Swan Street