1065 Willett Street, Schenectady, NY 12303
MULTI_FAMILY - Schenectady, NY
- Added:
- Jun 5, 2026
- Days on Market:
- 30
- Last Refresh:
- Jul 4 at 1:06 am
Property Features for 1065 Willett Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4
- Patio and Porch features
- Porch
- Standard status
- Active Under Contract
- Size
- 2,260 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5897
Utilities
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1908
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Aluminum
Listing agent Stephanie Hackett (518) 356-1701
Listing office Miranda Real Estate Group Inc 1801 Altamont Ave Ste 1, Schenectady, NY (518) 356-1701
Listing date Jun 5, 2026
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.
HighLights
- 2‑family property built in 1908 with public water service
- Both units are vacant, offering immediate occupancy or the option to set your own rents
- 3‑car garage provides parking, storage, or workshop space
- Hardwood and tile flooring throughout, including kitchen tile flooring
- Updated bathrooms with tiled tub surrounds
- Natural gas heating and aluminum exterior construction
Overview
The property is located at 1065 Willett Street in Schenectady, New York (Schenectady County). The lot size is 0.11 acres, and the total building size is 2,260 square feet.
For owner-occupants, the vacancy of both units makes it practical to establish a living arrangement quickly while aligning rental decisions to your preferences. For investors, the move-in-ready condition and immediate occupancy availability can reduce near-term renovation and turnover friction. The combination of updated interiors and expanded garage capacity supports a tenant-ready presentation for a wide range of residential income strategies.
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 | $39.3k | $17.40 |
| − Vacancy | −$2.6k | −$1.13 |
| EGI | $36.8k | $16.27 |
| − OpEx | −$11.0k | −$4.88 |
| NOI | $25.7k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.944201
- Latitude
- 42.798846