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Renovated Duplex with Garage Bays
For Sale
$246,000
Pending

19 Ingersoll Avenue, Schenectady, NY 12305

MULTI_FAMILY - Other - Schenectady, NY

Property Size1,928 SF
Lot Size0.08 Acres
Days on Market113

Property Features for 19 Ingersoll Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Multi Residence
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Parking 3
Parking features Garage, Driveway
Window features Storm Window(s), Screens
Patio and Porch features Porch
Interior features High Speed Internet
Basement Full, Unfinished
Subdivision Stockade Historic District
Lot features Level, Cul-De-Sac
View River
Elementary school Yates
High school Schenectady
Elementary school district Schenectady
Middle school district Schenectady
High school district Schenectady
Directions Erie to Green St, Quick turn on John St to left on Front, right on Ingersoll
Standard status Pending
APN 421500 39.55-2-17
Size 1,928 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 5568

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating), Natural Gas
Water source Public

Building Details

Year built 1920
Number of units 2
Flooring type Hardwood
Building materials Wood Siding
Roof type Shingle
Architectural style Other
Listing Agency: Century 21 North East · Century 21 Real Estate
Listed By: Nathalie Lenehan · License #10301201407
Added: Apr 10 Changed: Jul 24 Last Checked: Jul 31 at 12:06PM
MLS# 202614842

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 renovated duplex is positioned for residential income, featuring multiple updates including a new roof, new kitchens and baths, updated plumbing and electrical, hardwood floors, in-unit laundry hookup(s), and a clean basement and attic. The property also includes off-street parking and three garage bays that can generate additional revenue.

The property is located in the Stockade Historic District and is described as being steps from the Mohawk River trail and Riverside Park, with nearby access to Rivers Casino and Mohawk Harbor. Downtown Schenectady’s restaurants, shops, and theatre are also referenced as nearby.

The listing notes discounted pricing for a cash sale to avoid costly flood insurance that is stated as being approximately $7,000 per year, only required with a mortgage. The seller also indicates a possible 1031 exchange.

Key Highlights

  • Profitable duplex in the Stockade Historic District
  • 3 garage bays that can provide additional income, plus off‑street parking
  • New roof; updated plumbing and electrical; new kitchens and baths

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 $33.5k $17.40
− Vacancy −$2.2k −$1.13
EGI $31.4k $16.27
− OpEx −$9.4k −$4.88
NOI $22.0k $11.39
1,928 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$313.7K
$274.5K – $366.0K (±1% cap)
NOI $21,957 @ 7.0% cap · market cap 8.93%
Second Best
Apartment 5plus
$281.3K
$246.2K – $328.2K (±1% cap)
NOI $19,694 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$577.1K
$504.9K – $673.3K (±1% cap)
NOI $40,395 @ 7.0% cap · market cap 16.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Dental Office Building Supply (Bike/Boat/Book/etc) Store Acupuncture

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,308
Businesses Nearby

Demographics for 12305, NY

6,085
Population
4,103
Households
1.5
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
1.5 sq mi
ZIP Area
4,057
Density / Sq Mi
$50,308
Median Household Income
$34,228
Median Earnings
$1,067
Median Rent
$162,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Renovated duplex features in-unit laundry hookups, hardwood floors, off-street parking, and three garage bays.
Where is this duplex located?
The property is located at 19 Ingersoll Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $246,000.
What are key features of this property?
This property features: Profitable duplex in the Stockade Historic District; 3 garage bays that can provide additional income, plus off‑street parking; New roof; updated plumbing and electrical; new kitchens and baths
More about this property
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