Renovated Duplex with
1030 Delamont Avenue, Schenectady, NY 12307
For Sale
$339,000
Under Contract
MultiFamily, Schenectady, NY
Property Size2,783 SF
Lot Size0.09 Acres
Price / SF$121.81
Days on Market93
Property Features for 1030 Delamont Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Exterior features
Basement
Elementary school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Amenities
garage
covered porch
patio
landscaped gardens
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
Howard Hanna Capital Inc
(518) 489-1000
Listed By:
Victoria McLaughlin · License NY #10401358419
(518) 429-7484
Added: Aug 10
Changed: Oct 27
Last Checked: Nov 10 at 12:06AM
MLS# 202623648
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.
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Investment Insights
Based on property information with market context.
This 1900-built duplex contains two apartments, each with three bedrooms, a full bathroom, living and dining rooms, and a large kitchen. Interior details include original moldings, archways, a tin ceiling, stained glass, and hardwood flooring in the upper apartment. The first-floor unit has updated finishes, including a renovated kitchen and bathroom, while both units have generous storage. The property totals 2,783 square feet on a 0.09-acre lot.
Major work includes new plumbing, electrical service, sewer line, ductwork, siding, chimney, and basement windows, along with two updated furnaces and two large water heaters. The maintained slate roof and replacement windows are also noted. Exterior features include a new garage, concrete driveway, gated access, a covered patio area, and landscaped gardens. The property is owner-occupied and is expected to be vacant at closing.
Major work includes new plumbing, electrical service, sewer line, ductwork, siding, chimney, and basement windows, along with two updated furnaces and two large water heaters. The maintained slate roof and replacement windows are also noted. Exterior features include a new garage, concrete driveway, gated access, a covered patio area, and landscaped gardens. The property is owner-occupied and is expected to be vacant at closing.
Key Highlights
- Two apartments, each with 3 bedrooms and 1 full bathroom
- 2,783 square feet on a 0.09‑acre lot; built in 1900
- New 17' x 17' garage with an 11' ceiling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,428
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,560
$568.6K
Cap Rate 7%
$406,114
$406.1K
Cap Rate 9%
$315,867
$315.9K
Market Conditions
NOI Build-Up for 2,783 SF
Gross rent
$55.1K $19.80/SF
− Vacancy
−$3.4K −$1.23/SF
EGI
$51.7K $18.57/SF
− OpEx
−$23.3K −$8.36/SF
NOI
$28.4K $10.21/SF
Area
Schenectady County, NY
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,560
Cap Rate 7%
$406,114
Cap Rate 9%
$315,867
Alternative Uses
Best Use
Multifamily LT 5
$452.8K
$396.2K – $528.2K
NOI $31,694 @ 7.0% cap · market cap 9.35%
Second Best
Apartment 5plus
$406.1K
$355.4K – $473.8K
NOI $28,428 @ 7.0% cap · market cap 8.39%
Theoretical Best
Office A
$833.0K
$728.9K – $971.8K
NOI $58,309 @ 7.0% cap · market cap 17.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
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Business Placement
Demographics for 12307, NY
7,567
Population
3,491
Households
2.2
Avg Household Size
32
Median Age
14%
College-Educated
74%
High-School Grad
0.7 sq mi
ZIP Area
10,810
Density / Sq Mi
$33,191
Median Household Income
$28,878
Median Earnings
$1,110
Median Rent
$95,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Schenectady, NY
Properties on Market for Duplexes in Schenectady
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments offer three bedrooms, with substantial improvements to the building’s systems and exterior.
Where is this duplex located?
The property is located at 1030 Delamont Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 full bathroom; 2,783 square feet on a 0.09‑acre lot; built in 1900; New 17' x 17' garage with an 11' ceiling
