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    Remodeled Two-Family Duplex Title is generated by Realmo AI

    1065 Willett Street, Schenectady, NY 12303

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    For Sale
    Under Contract
    $300,000

    MULTI_FAMILY - Schenectady, NY

    Property size:
    2,260 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $132/SF
    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

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    Stephanie Hackett

    Listing agent Stephanie Hackett

    Listing office Miranda Real Estate Group Inc 1801 Altamont Ave Ste 1, Schenectady, NY

    Listing date Jun 5, 2026

    MLS# 11802247 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.

    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

    This turnkey, fully remodeled two-family duplex is set up for immediate move-in and straightforward ownership. Both units are currently vacant, giving the next owner flexibility to rent on their schedule or occupy one unit while using the other for supplemental income. Interior finishes include remodeled kitchens with tile flooring, updated bathrooms with tiled tub surrounds, hardwood floors, and vinyl replacement windows, along with spacious bedrooms throughout. A standout feature is a rare 3-car garage, which can support parking needs as well as additional storage or workshop use.

    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
    2,260 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $367.7K
    $321.7K – $429.0K (±1% cap)
    NOI $25,738 @ 7.0% cap · market cap 8.58%
    Second Best
    Apartment 5plus
    $329.8K
    $288.6K – $384.8K (±1% cap)
    NOI $23,085 @ 7.0% cap · market cap 7.70%
    Theoretical Best
    Office A
    $676.5K
    $591.9K – $789.2K (±1% cap)
    NOI $47,352 @ 7.0% cap · market cap 15.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Travel Agency (Bike/Boat/Book/etc) Store Nursing Home Skin Care Clinic Bed & Breakfast Bakery Carpet & Flooring Store Catering Service Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.944201
    Latitude
    42.798846

    FAQs

    What type of property is this?
    Duplex - Turnkey, fully remodeled duplex with both units vacant and a rare 3-car garage for parking or storage.
    Where is this duplex located?
    The property is located at 1065 Willett Street Schenectady, NY.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 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
    More about this property
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