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    947 Park Ave Schenectady, NY 12308

    New
    For Sale
    $320,000

    Multi-Unit - Schenectady, NY

    Property size:
    2,940 SF
    Lot size:
    0.13 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 947 Park 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, Bedroom 4, Bedroom 5, Kitchen
    Bedrooms
    5
    Bathrooms
    3
    APN
    421500 39.82-3-12
    Parking features
    Carport, Garage
    Basement Y/N
    1
    Size
    2,940 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1990
    Year renovated
    1990
    Number of units
    3
    Flooring type
    Hardwood, Vinyl
    Building materials
    Brick
    Architectural style
    Other

    Miranda Real Estate Group Inc (518) 356-1701

    Listing agent Moonrani Gumani (518) 356-1701

    Listing date Dec 4, 2025

    MLS# 11583818 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

    Schenectady Two-Family Home Investment

    This two-family home presents an investment opportunity in downtown Schenectady. The property features three bedrooms and three bathrooms. The first floor has an open-plan layout, offering the potential to reconfigure the living space to add bedrooms or expand the kitchen. A private driveway and a large carport that accommodates over four vehicles are included. The location provides proximity to downtown amenities, Union College, Rivers Casino, local restaurants, and shopping. The lot size is 0.13 acres, and the property size is 2940 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Adi Shakti Mariamman ... Hindu Temple

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -73.926659
    Latitude
    42.812024

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    FAQs

    What type of property is this?
    Triplex - Two-family home near downtown Schenectady with rental and owner-occupier potential.
    Where is this triplex located?
    The property is located at 947 Park Ave Schenectady, NY.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Two-family home in downtown Schenectady offering rental or owner-occupier potential.; - Three bedrooms and three bathrooms.; - Generous open-plan first floor with flexible reconfiguration potential.
    (518) 356-1701
    Request Owner's contact information
    947 Park Ave Schenectady, NY 12308
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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
    947 Park Ave Schenectady, NY 12308
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