8-16 Swan Street, Schenectady, NY 12307

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Property Description

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.

8-16 Swan Street | MLS# 202626865

This multi-family property located at 8-16 Swan Street, Schenectady, NY 12307 is currently listed for sale with an asking price of $1,575,000. 8-16 Swan Street is located within the Schenectady school district. Search Schenectady real estate on theloomisteam.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Window Unit(s)
Garage: 3
Heating: Forced Air, Natural Gas
Home Style: Apartment 4 Plus Unit
Lot Size: 40.00 Acres
Roof Type: Rubber, Asphalt
Taxes: $20,136
Year Built: 1902

Feature Descriptions

Days on Site: 2
Exterior: Block, Brick, Vinyl Siding
Exterior: None
Parcel #: 421500 49.42-4-28, 49.42-4-27, 49.42-4-26
Parking Total: 15
Parking Total: 15
Sewer: Public Sewer
SQFT Above Grade Finished: 16461
Water: Public

Local Schools

High School: Schenectady
School District: Schenectady

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Estimated Payment

$ 5,642.64 per month $3,505.27 Principal & Interest $1,678.00 Property Tax $459.38 Homeowner's Insurance

Change Payment Information

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

Demographics

Listed By / Shown By

Listing By

Agency Name: Hamel Real Estate LLC
Agency Phone: 1 518-857-9251

Shown By

Agent Name: The Loomis Team
Agent Phone: (315) 264-3624 Cell
Agency Title: Coldwell Banker Prime Properties

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