117-119 Odell Street Schenectady, NY 12304
MULTI_FAMILY - Other - Schenectady, NY
Property Features for 117-119 Odell Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1
- Parking
- 2
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Fencing
- Fenced
- Basement
- Full
- Standard status
- Active
- APN
- 421500 49.59-1-18 01
- Size
- 2,074 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6913
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1880
- Number of units
- 2
- Building materials
- Vinyl Siding
- Architectural style
- Other
Listing agent Tina Berlin License #10401348077 (518) 688-6101
Listing office Realty One Group Key 635 Plank Rd, Clifton Park, NY (518) 630-5360
Listing date Jan 6, 2026
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The duplex is located in Schenectady, with proximity to public transportation, highways, shopping, and local amenities. It sits on a compact lot and presents a straightforward residential income setup with both homes positioned for independent use.
Each unit is currently vacant and ready for new occupancy, allowing a buyer to move forward with immediate re-leasing or to house one side while renting the other. With separate utilities and off-street parking already in place, the property is well-suited for tenants seeking day-to-day practicality and residents who prefer to manage utilities independently.
Key Highlights
- Side‑by‑side duplex built in 1880 with vinyl siding
- Separate utilities for the two units
- Both units are currently vacant
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.1k | $17.40 |
| − Vacancy | −$2.3k | −$1.13 |
| EGI | $33.7k | $16.27 |
| − OpEx | −$10.1k | −$4.88 |
| NOI | $23.6k | $11.39 |
