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1405 State Street
Schenectady NY 12304 US

$350,000

Active Listing ID 11659718
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6 bed
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4.00 Bath (4 Full)
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Lot: 0.08 Acres
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Other

$350,000

Active Listing ID 11659718
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1405 State Street Fantastic investment opportunity! Investor owned for 20 years and now it is someone else's turn! This well-maintained 4-unit building offers strong positive cash flow in a prime location on the bus line. The property consists of two 1-bedroom apartments and two 2-bedroom apartments, with room to grow to market rents and increase your return. Each spacious unit features large rooms, eat-in kitchens, beautiful woodwork with classic columns and built-ins, hardwood floors, bay windows, and ceramic tile finishes. Tenants pay their own hot water and electric, while the owner provides heat, currently on a NIMO budget plan of just $298/month, keeping expenses predictable and manageable. Gas hot water radiators provide efficient heating. Additional highlights include a roof that is only 3 years old, vinyl siding, and separate utilities. Conveniently located near shopping, dining, and major routes, this property offers both solid income and long-term upside. A turnkey addition to any investor's portfolio with built-in value-add potential!

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Floor Covering: Hardwood, Laminate, Tile
  • Heating Fuels: Forced Air, Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 350000
  • unparsedaddress: 1405 State Street
  • postalcity: Schenectady
  • stateorprovince: NY
  • country: US
  • postalcode: 12304
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 3136
  • livingareaunits: Square Feet
  • latitude: 42.79557
  • longitude: -73.92064
  • listagentfullname: Christine Serafini
  • listagentemail: SerafiniSellsHomes@gmail.com
  • listagentkey: 3yd-NYSMLS-83616
  • listagentmlsid: 83616
  • listagentpreferredphone: 5185148830
  • listagentofficephone: 5183561701
  • listofficekey: 3yd-NYSMLS-5259
  • listofficemlsid: 5259
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1984
  • yearbuilteffective: 1984
  • listingcontractdate: 2026-02-19
  • countyorparish: Schenectady
  • parcelnumber: 421500 49.60-3-45
  • elementaryschooldistrict: 000000
  • middleorjuniorschooldistrict: 000000
  • highschooldistrict: 000000
  • constructionmaterials: Vinyl Siding
  • flooring: Hardwood, Laminate, Tile
  • heating: Forced Air, Natural Gas
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.92064, 42.79557
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Miranda Real Estate Group Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"SerafiniSellsHomes@gmail.com", "ListBrokerageCity":"Schenectady", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Miranda Real Estate Group Inc", "ListBrokeragePhone":"518-356-1701", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1801 Altamont Ave Ste 1", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1801 Altamont Ave Ste 1", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Schenectady", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"12303", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Unit - Schenectady, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1405-State-St_Schenectady_NY_12304_M38176-75835?f=listhub&s=NYSMLS&m=11659718&c=rexren", "MLSModificationTimestamp":"2026-02-20T15:04:23Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi-Unit", "RawPropertyType":"Multi-Unit", "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7422, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/20/2026 6:05:10 PM GMT
Source Updated Date: 2/21/2026 1:11:41 PM GMT

Courtesy of: Christine Serafini, Miranda Real Estate Group Inc, SerafiniSellsHomes@gmail.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.