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Renovated Two-Family Home

1142 Cutler Street Schenectady, NY 12303

1142 Cutler Street, Schenectady, NY, 12303

$290,000

For Sale

$290,000

Fully renovated two-family home with investment potential in Schenectady.

Property Size2,004 SF

Price / SF$144.71

AddedMay 7

Days on Market71

Last RefreshJul 15 at 3:41 pm

Property Features for 1142 Cutler Street

General Information

Standard status: Active
Size: 2,004 SF
Property subtype: Multi Family / Duplex

Building Details

Year Built: 1910

Listing office Thompson Real Estate Team

Listing date May 7, 2026

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Thompson Real Estate Team

Investment Insights

Based on property information with market context.

This fully renovated two-family home in Schenectady offers modern living spaces and investment opportunities. The property features a lower unit with 4 bedrooms and 1 bathroom, and an upper unit with 3 bedrooms and 1 bathroom. The property includes ample off-street parking. Its location provides convenient access to local bus lines and shopping. The property is suitable as an addition to an investment portfolio or as an owner-occupied residence with rental income. The building size is 2004 square feet.

Key Highlights

Fully renovated 2‑family home offering immediate occupancy.
Excellent investment potential with a 4‑bed/1‑bath lower unit and a 3‑bed/1‑bath upper unit.
Ample off‑street parking available.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$34.9k	$17.40
− Vacancy	−$2.3k	−$1.13
EGI	$32.6k	$16.27
− OpEx	−$9.8k	−$4.88
NOI	$22.8k	$11.39

2,004 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$326.0K

$285.3K – $380.4K (±1% cap)

NOI $22,822 @ 7.0% cap · market cap 7.87%

Second Best

Apartment 5plus

$292.4K

$255.9K – $341.2K (±1% cap)

NOI $20,470 @ 7.0% cap · market cap 7.06%

Theoretical Best

Office A

$599.8K

$524.9K – $699.8K (±1% cap)

NOI $41,988 @ 7.0% cap · market cap 14.48%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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For sale
Duplexes
NY
Schenectady
12303
1142 Cutler Street

What type of property is this?

Duplex - Fully renovated two-family home with investment potential in Schenectady.

Where is this duplex located?

The property is located at 1142 Cutler Street Schenectady, NY.

What is the asking price?

The asking price for this property is $290,000.

What are key features of this property?

This property features: Fully renovated 2‑family home offering immediate occupancy.; Excellent investment potential with a 4‑bed/1‑bath lower unit and a 3‑bed/1‑bath upper unit.; Ample off‑street parking available.