1235 1st ave, schenectady, NY 12303

This listing is NOT a foreclosure. 1235 First Ave, Schenectady, NY - Two Income-Producing Homes + Four Garages + Vacant LotnOutstanding invstment opportunity offering multiple income streams on one parcel, with an adjacent vacant lot (Tax ID 421500 49.38-2-10) included in the sale.nThe front structure is a traditional-style building with three levels of living space, providing flexible rental configurations. A detached 1.5-story cottage at the rear of the property includes 2 bedrooms and 1 bath, ideal for an additional rental unit or long-term tenant.nThe property also includes four garages that can generate supplemental rental income. All utilities are individually metered, minimizing owner expenses. Shared basement laundry area offers two washers and two dryers for tenant use.nThe owner currently covers water, sewer, grounds maintenance, and trash removal. With separate meters and steady rental demand in the area, this property is positioned for a potential return of 10% or higher.nInvestment Highlights:ntTwo detached income-producing dwellings on one lotntFour garages for additional rent potentialntSeparate gas/electric meters for each unitntShared laundry (2 washers / 2 dryer...

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s)ntOwner pays water, sewer, trash, and groundsntIncludes adjacent vacant lot (Tax ID 421500 49.38-2-10)ntStrong rental market and consistent occupancy areantEstimated RoR: 10%+ potentialnRare to find this combination of multiple structures, parking, and an extra parcel-all in a convenient Schenectady location close to major routes, shopping, and employment centers.This MLS Resale home is a multi family property located in SCHENECTADY. It offers 7,840 sq. ft. in size, 10 beds and 4 baths. Review its detailed information and determine if this SCHENECTADY MLS Resale has the qualities you are looking for.  

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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.