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1011 Union Street

Schenectady, NY 12308
  • $1,150,000
  • STATUS: Active
  • MLS #: 202131945
UPDATED: 56 min ago
$1,150,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,809
    SQFT
  • $106
    $/SQFT
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

School District:

Description

Brick 16 unit building with new roof in great location, walking distance to downtown and Union College, bus stop right across street! Gross annual scheduled rents exceed $150,000, this building is a money maker, cap rate at asking price in low 9's, details available on request. Be a part of the vibrant resurgence taking place right now in the City of Schenectady! Year built approximate, shows 1984 in CRS, not correct. Expenses shown as monthly costs, water/sewer cost combined under sewer expense, gas/electric combined under gas expense. Very Good Condition

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© 2022 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2022-01-28T13:12:05.433.
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1011 Union Street Schenectady, NY 12308

  • Price: $1,150,000
  • Status: Active
  • On Site: Days
  • Updated: 56 min ago
  • MLS #: 202131945
0
Beds
0
Baths
0
½ Baths
0.19
Acres
10,809
SQFT
$106
$/SQFT
1950
Built
County:
Schenectady
Area:
Schenectady
School District:
Schenectady
Property Description
Brick 16 unit building with new roof in great location, walking distance to downtown and Union College, bus stop right across street! Gross annual scheduled rents exceed $150,000, this building is a money maker, cap rate at asking price in low 9's, details available on request. Be a part of the vibrant resurgence taking place right now in the City of Schenectady! Year built approximate, shows 1984 in CRS, not correct. Expenses shown as monthly costs, water/sewer cost combined under sewer expense, gas/electric combined under gas expense. Very Good Condition
Exterior Features

Architectural Style Apartment 4 Plus Unit Construction Materials Brick Lot Size Dimensions 54 X 149 Roof Rubber Waterfront YN No

Interior Features

Attic Features Hatch Basement FullUnfinished Cooling None Heating Forced AirNatural Gas Multi Family Unit1 Total Bedrooms 0 Multi Family Unit1 Total Full Baths 1 Multi Family Unit1 Total Half Baths 0 Multi Family Unit1 Total Rooms 3 Multi Family Unit2 Total Bedrooms 0 Multi Family Unit2 Total Full Baths 1 Multi Family Unit2 Total Half Baths 0 Multi Family Unit2 Total Rooms 3 Multi Family Unit3 Total Bedrooms 2 Multi Family Unit3 Total Full Baths 1 Multi Family Unit3 Total Half Baths 0 Multi Family Unit3 Total Rooms 5 Multi Family Unit4 Total Bedrooms 1 Multi Family Unit4 Total Full Baths 1 Multi Family Unit4 Total Half Baths 0 Multi Family Unit4 Total Rooms 4 Multi Family Unit5 Total Bedrooms 1 Multi Family Unit5 Total Full Baths 1 Multi Family Unit5 Total Half Baths 0 Multi Family Unit5 Total Rooms 4 Number Of Refrigerators 16 Number Of Stoves 16 Unit1 Includes BathroomKitchenRefrigeratorStove Unit1 Owner Furnish Features HeatHot WaterMaintenance GroundsManagementSewerSnow RemovalTrashWater Unit2 Includes BathroomKitchenRefrigeratorStove Unit2 Owner Furnish Features HeatHot WaterMaintenance GroundsManagementSewerSnow RemovalTrashWater Unit3 Includes BathroomKitchenLiving RoomRefrigeratorStove Unit3 Owner Furnish Features HeatHot WaterMaintenance GroundsManagementSewerSnow RemovalTrashWater Unit4 Includes BathroomKitchenLiving RoomRefrigeratorStove Unit4 Owner Furnish Features HeatHot WaterMaintenance GroundsManagementSewerSnow RemovalTrashWater Unit5 Includes BathroomKitchenLiving RoomRefrigeratorStove Unit5 Owner Furnish Features HeatHot WaterMaintenance GroundsManagementSewerSnow RemovalTrashWater

Property Features

Association YN No City Town Taxing Entity Schenectady Enhanced Accessible YN No Gas Expense 675.00 General Taxes 8740.00 General Taxes Description Estimated Insurance Expense 250.00 Multi Family Unit1 Monthly Rent 700 Multi Family Unit1 Unit Available Yes Multi Family Unit2 Lease Term Other Multi Family Unit2 Monthly Rent 750 Multi Family Unit2 Unit Available Tbd Multi Family Unit3 Lease Term Other Multi Family Unit3 Monthly Rent 875 Multi Family Unit3 Unit Available Tbd Multi Family Unit4 Lease Term Other Multi Family Unit4 Monthly Rent 725 Multi Family Unit4 Unit Available Tbd Multi Family Unit5 Lease Term Other Multi Family Unit5 Monthly Rent 750 Multi Family Unit5 Unit Available Tbd Number Of Separate Electric Meters 17 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Owner Pays Grounds CareHeatHot WaterManagementSnow RemovalTrash Collection Property Sub Type Multi Family School Taxes 8609.00 School Taxes Description Estimated Sewer Public Sewer Tax Annual Amount 17349.00 Tenant Pays Cable TvElectricityGasInternet Total Income 12590.00 Water Sewer Expense 0.00 Water Source Public

Listing information © 2022 Global MLS.
Listing provided courtesy of Joel A Koval of Howard Hanna:(518) 371-4500.



© 2022 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2022-01-28T13:12:05.433.
 
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