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    601 Altamont Ave Schenectady, NY 12303

    For Sale
    $399,900

    Multi-Unit, Traditional - Schenectady, NY

    Property size:
    2,128 SF
    Lot size:
    0.16 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 7 at 1:06 pm

    Property Features for 601 Altamont Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen
    Bedrooms
    3
    Bathrooms
    3
    APN
    421500 49.73-2-38
    Parking features
    Garage
    Basement Y/N
    1
    Size
    2,128 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Natural Gas, Radiant

    Building Details

    Year built
    1984
    Year renovated
    1984
    Number of units
    3
    Flooring type
    Carpet, Linoleum, Vinyl
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    New Traditional

    Miranda Real Estate Group Inc (518) 356-1701

    Listing agent Moonrani Gumani (518) 356-1701

    Listing date Oct 31, 2025

    MLS# 11599055 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment in Schenectady

    Located in the Mount Pleasant neighborhood of Schenectady, this mixed-use property on Altamont Avenue offers investment potential. The property includes two commercial storefronts on the first floor, suitable for a barbershop, beauty salon, or professional office. A fully rented residential apartment is located on the second floor, providing rental income. Situated on a corner lot, the property includes a one-car garage and a backyard. The building has a total area of 2128 square feet and is located on a 0.16-acre lot. The property benefits from street visibility in a high-traffic area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.933389
    Latitude
    42.792661

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile mixed-use property with commercial storefronts and residential apartment.
    Where is this mixed-use property located?
    The property is located at 601 Altamont Ave Schenectady, NY.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Immediate rental income from fully rented residential apartment.; - **Two commercial storefronts on the first floor offer versatile business opportunities.**; - **Prominent corner lot location provides strong street visibility in a high-traffic area.**
    (518) 356-1701
    Request Owner's contact information
    601 Altamont Ave Schenectady, NY 12303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 Altamont Ave Schenectady, NY 12303
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