145 Front St - Apartments FOR SALE


Schenectady, NY 12305- Seward Place
$550,000 USD
518-469-6238
145 Front St, Schenectady, NY for Sale
$550,000 USD
Apartments - FOR SALE
1/12
null | 9% Cap Rate

145 Front St
Schenectady, NY 12305
Seward Place


OVERVIEW

Located in Schenectady's historic Stockade District, 145 Front Street is a well-positioned 5-unit investment property featuring four studio apartments and one 1-bedroom unit. This income-producing asset offers an attractive expense structure, with owning paying the heat & hot water and tenants responsible for their own electric & cooking gas. Situated outside of a flood zone, the property provides added peace of mind and potential insurance savings. Just minutes from downtown Schenectady, Rivers Casino, Mohawk Harbor, restaurants, and major employers, this property benefits from strong rental demand in one of the Capital Region's most unique and desirable neighborhoods. A great addition to any investment portfolio.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

5

PRICE/UNIT

$110,000

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

03

APN/PARCEL ID

039-055-0002-028-000-0000

ASK ABOUT THIS PROPERTY

John AlundLincoln House Realty CompanyMore Info
518-469-6238

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John AlundLincoln House Realty CompanyMore Info
518-469-6238

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.