James Q. Collins

227-229 Elm Street, Schenectady, NY 12304

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Property Description

Turnkey two-unit investment opportunity in Schenectady's Central State Street neighborhood! This duplex offers nearly 2,400 sq ft of livable space with income potential for both new and seasoned investors - or the perfect setup for an owner-occupant looking to offset their mortgage with rental income.Each unit features 2 bedrooms and 1 full bath, a spacious living room ideal for comfortable everyday living, an eat-in kitchen with ample cabinet space, and a dedicated laundry room area for added convenience. The functional layouts make these units attractive to long-term tenants while remaining easy to manage.Additional highlights include off-street parking for two vehicles and a decent-sized backyard offering outdoor space for relaxation or tenant enjoyment - a valuable amenity in this market.The property was recently inspected with no major defects identified, providing added confidence and peace of mind. Whether you're looking to expand your portfolio, create a solid cash-flowing asset, or begin building equity through owner occupancy, this property presents flexibility and long-term upside in a steadily improving rental market.A smart addition to any portfolio - or a strategic first step into real estate investing.

227-229 Elm Street | MLS# 202612021

This multi-family property located at 227-229 Elm Street, Schenectady, NY 12304 is currently listed for sale with an asking price of $254,900. 227-229 Elm Street is located within the Schenectady school district. Search Schenectady real estate on james-collins.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Slab, None
Cooling: None
Heating: Baseboard, Natural Gas
Home Style: Traditional
Lot Size: 0.11 Acres
Roof Type: Asphalt
Taxes: $7,494
Year Built: 1994

Feature Descriptions

Days on Site: 18
Equipment: None
Exterior: None
Exterior: Brick, Vinyl Siding
Fencing: None
Flooring: Tile, Carpet, Linoleum
Foundation: Slab
Interior: Paddle Fan, High Speed Internet
Laundry: Laundry Room
Lot: Level, Sloped, Cleared
Lot Dimensions: 32x144
Parcel #: 421500 49.52-2-29
Parking: Off Street, Paved, Driveway
Parking Total: 2
Parking Total: 2
Sewer: Public Sewer
SQFT Above Grade Finished: 2375
Structures: None
Water: Public

Local Schools

High School: Schenectady
School District: Schenectady

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Estimated Payment

$ 1,266.14 per month $567.30 Principal & Interest $624.50 Property Tax $74.35 Homeowner's Insurance

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Hunt ERA
Agency Phone: 1 518-414-5830

Shown By

Agent Name: James Q. Collins
Agent Phone: (201) 214-3621 Cell
Agency Title: Timberland Properties

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