Rotterdam Two-Family Home
3011 Broadway, Rotterdam, NY 12306
- Added:
- Apr 17, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 3 at 3:06 am
Property Features for 3011 Broadway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1
- Parking
- 4
- Parking features
- Garage, Open, Off Street, Driveway
- Window features
- Double Pane Windows
- Basement
- Full
- Standard status
- Pending
- APN
- 422800 48.19-6-23
- Size
- 1,600 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4790
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas, Steam
- Water source
- Public
Building Details
- Year built
- 1948
- Number of units
- 2
- Flooring type
- Hardwood, Laminate, Carpet, Tile
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing agent Jennifer Mentiply License #10491212080 (518) 369-4545
Listing office Renovo Real Estate 1490 Saratoga Rd Ste 5, Ballston Spa, NY (518) 288-3349
Listing date Apr 17, 2026
MLS# 202615264
Listing URL
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.
HighLights
- Income‑producing two‑family home, ideal for investors or owner‑occupants to offset mortgage costs.
- Located in the desirable Mohonasen School District with convenient access to shopping, dining, schools, and major roadways.
- Two spacious, updated 2‑bedroom, 1‑bath units with separate entrances and utilities.
- Recent updates include a newer furnace and roof, providing peace of mind and long‑term value.
- Each unit features an eat‑in kitchen, functional layout, and access to a full basement for storage and laundry.
- Includes a detached one‑car garage, off‑street parking, and a generous, level yard.
Overview
This well-maintained two-family home presents a fantastic investment opportunity in Rotterdam, New York. Located in the Mohonasen School District, the property benefits from public water and sewer services. The income-producing property features two spacious 2-bedroom, 1-bath units, each with separate entrances and utilities. Ideal for investors or owner-occupants seeking to offset their mortgage or accommodate multi-generational living, each unit offers updated living spaces with eat-in kitchens, functional layouts, and access to a full basement providing ample storage and laundry space. Recent updates, including a newer furnace and roof, contribute to the property's appeal and long-term value. The exterior features a detached one-car garage, off-street parking, and a generous, level yard. The property is strategically located near shopping, dining, schools, and major roadways, offering strong rental potential and consistent demand. The property size is 1,600 square feet and the lot size is 0.21 acres.
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 | $27.8k | $17.40 |
| − Vacancy | −$1.8k | −$1.13 |
| EGI | $26.0k | $16.27 |
| − OpEx | −$7.8k | −$4.88 |
| NOI | $18.2k | $11.39 |
1,600 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$260.3K
$227.8K – $303.7K
NOI $18,221 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$233.5K
$204.3K – $272.4K
NOI $16,344 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$478.9K
$419.0K – $558.7K
NOI $33,523 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Rotterdam
- County
- Schenectady
- State
- New York
- Longitude
- -73.97771
- Latitude
- 42.790216
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained two-family home in Rotterdam, great investment opportunity.
Where is this duplex located?
The property is located at 3011 Broadway Rotterdam, NY.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Income‑producing two‑family home, ideal for investors or owner‑occupants to offset mortgage costs.; Located in the desirable Mohonasen School District with convenient access to shopping, dining, schools, and major roadways.; Two spacious, updated 2‑bedroom, 1‑bath units with separate entrances and utilities.
