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Two-Unit Duplex with Two-Bed Units

915 McClyman Street Schenectady, NY 12307

915 McClyman Street, Schenectady, NY, 12307
$280,000
For Sale
$280,000

MULTI_FAMILY - Schenectady, NY

Property Size2,016 SF
Lot Size0.04 Acres
Price / SF$138.89
Days on Market73

Property Features for 915 McClyman Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2
Patio and Porch features
Porch
Standard status
Active
Size
2,016 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
4429

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1900
Number of units
2
Flooring type
Vinyl, Hardwood
Building materials
Brick
Listing Agency Miranda Real Estate Group Inc
1801 Altamont Ave Ste 1, Schenectady, NY
Listed by Moonrani G Gumani · License #10401352209
Added: May 6 Checked: Jul 17 at 8:06 pm
MLS# 11565635 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This two-unit duplex is configured with two-bedroom, one-bath layouts in each residence. The property comprises 2,016 square feet of total building area and sits on a 0.04-acre lot. It presents a straightforward, repeatable unit design that can suit owners looking for a multi-unit purchase with consistent internal layouts.

The home is located at 915 McClyman Street in Schenectady, New York, with the benefit of being described as close to downtown Schenectady. The PublicRemarks also note placement within the Schenectady School District.

For prospective buyers, the duplex format can appeal to those seeking a simple two-unit structure for rental use or owner-occupancy where one unit can support another. With each unit offering two bedrooms and one bath, the property may be a practical fit for tenants who want standard residential space. Buyers and agents can review the floorplans and finishes in person to confirm suitability for their specific leasing or occupancy plans.

Key Highlights

  • Brick construction with a porch
  • Flooring includes vinyl and hardwood
  • Forced‑air heating and public water source

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 $35.1k $17.40
− Vacancy −$2.3k −$1.13
EGI $32.8k $16.27
− OpEx −$9.8k −$4.88
NOI $23.0k $11.39
2,016 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$328.0K
$287.0K – $382.7K (±1% cap)
NOI $22,959 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$294.2K
$257.4K – $343.2K (±1% cap)
NOI $20,593 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$603.4K
$528.0K – $704.0K (±1% cap)
NOI $42,239 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Skin Care Clinic HVAC Service Acupuncture Pet Grooming Service Carpet & Flooring Store Electrical Service Travel Agency (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

FAQs

What type of property is this?
Duplex - Duplex featuring two-bedroom, one-bath units, offering an income-producing setup in the Schenectady School District.
Where is this duplex located?
The property is located at 915 McClyman Street Schenectady, NY.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Brick construction with a porch; Flooring includes vinyl and hardwood; Forced‑air heating and public water source
Contact an agent
More about this property
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