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Two-Family Duplex with Separate Utilities
For Sale
$234,900
Pending

14 Wilmarth Street, Scotia, NY 12302

MultiFamily, Scotia, NY

Property Size1,892 SF
Lot Size0.24 Acres
Days on Market48

Property Features for 14 Wilmarth Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 4
Parking 4
Parking features Off Street, Driveway
Patio and Porch features Deck, Porch
Interior features Paddle Fan, High Speed Internet, Walk-In Closet(s), Ceramic Tile Bath, Chair Rail
Basement Full
Lot features Private, Level
High school Scotia-Glenville
Elementary school district Scotia Glenville
Middle school district Scotia Glenville
High school district Scotia Glenville
Directions Route 50 to Cuthbert St., right onto Wilmarth St. Property is on the right.
Standard status Pending
APN 422201 30.69-3-3
Size 1,892 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Annual Amount 7314

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Number of units 2
Flooring type Laminate, Tile - Ceramic, Carpet
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: Howard Hanna Capital Inc
Listed By: Jill K Himmelwright · License #10401201392
Added: Aug 21 Changed: Sep 12 Last Checked: Oct 7 at 6:06PM
MLS# 202624573

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.

This two-unit duplex contains 1,892 square feet on a 0.24-acre lot. The lower residence includes three bedrooms, 1.5 bathrooms, and central air, while the upper unit has two bedrooms and one bathroom. Separate utilities serve the apartments, excluding water. The property was built in 1920 and includes a porch, deck, driveway, and additional off-street parking. Interior features include ceramic tile baths, a walk-in closet, high-speed internet availability, and a mix of carpet, ceramic tile, and laminate flooring.

The building has vinyl siding, a shingle roof, natural-gas forced-air heat, public water, and public sewer. The property is located in the Village of Scotia on a quiet road and includes cable availability. Updating and repair work are noted in the property information, providing a clear basis for future improvements.

Key Highlights

  • Two‑family duplex with 1,892 square feet on a 0.24‑acre lot
  • First‑floor unit offers 3 BR, 1.5 BA, and central air
  • Second‑floor apartment includes 2 BR and 1 BA

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,547
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,940 $430.9K
Cap Rate 7%
$307,814 $307.8K
Cap Rate 9%
$239,411 $239.4K
Market Conditions
NOI Build-Up for 1,892 SF
Gross rent
$32.9K $17.40/SF
− Vacancy
−$2.1K −$1.13/SF
EGI
$30.8K $16.27/SF
− OpEx
−$9.2K −$4.88/SF
NOI
$21.5K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,940
Cap Rate 7%
$307,814
Cap Rate 9%
$239,411

Alternative Uses

Best Use
Multifamily LT 5
$307.8K
$269.3K – $359.1K (±1% cap)
NOI $21,547 @ 7.0% cap · market cap 9.17%
Second Best
Apartment 5plus
$276.1K
$241.6K – $322.1K (±1% cap)
NOI $19,326 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$566.3K
$495.5K – $660.7K (±1% cap)
NOI $39,641 @ 7.0% cap · market cap 16.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby

Demographics for 12302, NY

27,618
Population
12,406
Households
2.2
Avg Household Size
45
Median Age
42%
College-Educated
95%
High-School Grad
43.3 sq mi
ZIP Area
638
Density / Sq Mi
$94,156
Median Household Income
$55,305
Median Earnings
$1,207
Median Rent
$240,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with distinct layouts, off-street parking, and public water and sewer service.
Where is this duplex located?
The property is located at 14 Wilmarth Street Scotia, NY.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Two‑family duplex with 1,892 square feet on a 0.24‑acre lot; First‑floor unit offers 3 BR, 1.5 BA, and central air; Second‑floor apartment includes 2 BR and 1 BA
More about this property
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