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8-16 Swan Street

Schenectady, NY 12307

Active

$1,575,000

Listing by:
Colin Young
Hamel Real Estate LLC
518-221-6236

Pleased to present 8-16 Swan Street, a 15-unit multifamily portfolio spanning three buildings in Schenectady. The property offers established in-place income with meaningful upside through multiple channels, including below-market rents, a largely flexible rent roll, an underutilized coin-operated laundry facility, substantial off-street parking, and a separate storage building. Separate tenant-paid utilities provide a strong operating foundation, while the scale of the portfolio and concentration of additional income opportunities give new ownership several clear paths to grow NOI. Conveniently located near Downtown Schenectady, I-890, Union College, and significant ongoing investment throughout the surrounding area.

$1,575,000
44.0
Bedrooms
15
Bathrooms
16,461
Sq. Ft.
$ 96
$/Sq. Ft.
40.00
Acres
Year Built:
1902
County:
Schenectady
School District:
Schenectady
Acres:
40.00
Listing Agent:
Colin Young
Listing Office:
Hamel Real Estate LLC
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Features

Square Feet: 16,461
Town: Schenectady
Bedrooms: 44
Full Bathrooms: 15
Estimated Taxes: $20,136
Water: Public
Sewer: Public Sewer
Heat: Forced Air, Natural Gas
Garage: 3
Property Style: Apartment 4 Plus Unit
Exterior: Block, Brick, Vinyl Siding
Exterior Features: None
Cooling: Window Unit(s)
Parking Spaces: 15

Location



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