4 Homestead Ave

Schenectady, NY 12304
  • $225,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,020

    SqFt

About the Listing o3081A - 31205

Opportunity and flexibility come together in this legal two-family bungalow, ideal for an owner-occupant, multi-generational living, or an investor building their rental portfolio. The first-floor apartment offers 2 bedrooms and 1 bath, while the second-floor apartment features 1 bedroom and 1 bath. Each unit has its own deck, separate electric meter, and mini-splits for heating and air conditioning. Estimated rents of approximately $1,300/month for the lower unit and $1,000/month for the upper unit, plus taxes and insurance, offer potential for $2,300 a month in income and a 10% cap rate. Live in one and rent the other to help offset your housing costs, rent both, or create a comfortable setup for extended family. A detached one-car garage adds parking and storage. With some personal touches and updates, this property offers an opportunity to make it your own while adding value over time. Conveniently located on a pleasant residential street close to shopping, dining, services, and everyday conveniences.

Listing Highlights

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® 202625818
Year Built 1930
Total Square Footage 1,020
Lot/Acreage 0.09
County Albany
School District South Colonie

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Ductless
  • Heating: Ductless,Electric
  • Fireplaces:
  • Floor: Vinyl
  • Above Ground Sq Ft: 1020
  • Below Ground Sq Ft: 0
  • Basement: Full,Unfinished
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: 1 car
  • Parking Spaces: 5
  • Zoning: Multi Residence
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved,Driveway,Garage

Financial Details

  • Tax Amount: $3,925
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 012689 16.8-2-17
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

4 Homestead Ave Schenectady, NY 12304

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Originating MLS: Global MLS

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