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.
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