103 Prospect Street, Schenectady, NY 12308
MULTI_FAMILY - Other - Schenectady, NY
- Added:
- Mar 24, 2026
- Days on Market:
- 103
- Last Refresh:
- Jul 4 at 5:06 am
Property Features for 103 Prospect Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi Residence
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4
- Parking
- 2
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Interior features
- High Speed Internet
- Basement
- Unfinished, Full, Sump Pump
- Standard status
- Active
- APN
- 421500 39.82-2-75.1
- Size
- 1,536 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4112
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Peg Wos License #40WO0245429 (518) 878-4541
Listing office Ron DiDonna Real Estate & Appraisals 153 Pashley Road, Glenville, NY (518) 377-2251
Listing date Mar 24, 2026
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
- Two‑family home with separate heat and utilities
- Year built 1915 with vinyl siding and a shingle roof
- Each unit has a living room, kitchen, and 2 bedrooms with a bathroom in each flat
- Forced air natural gas heating
- Public water and public sewer
- Washer and dryer hookups in the basement; driveway parking and a porch
Overview
The home is located at 103 Prospect Street in Schenectady, New York 12308, within Multi Residence zoning. A second unit was left vacant to facilitate the sale, which may support an owner-occupant scenario or provide flexibility for immediate occupancy.
For buyers seeking a straightforward duplex configuration, the property’s dual layout and separate utilities can help simplify management compared to single-meter setups. Each unit’s consistent room configuration supports an easier leasing plan, while the basement laundry hookups add a practical convenience for future tenants. The vacant flat provides an immediate pathway to occupancy upon closing, subject to buyer and tenant preferences.
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 | $26.7k | $17.40 |
| − Vacancy | −$1.7k | −$1.13 |
| EGI | $25.0k | $16.27 |
| − OpEx | −$7.5k | −$4.88 |
| NOI | $17.5k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.929995
- Latitude
- 42.812189
