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Remodeled Duplex in Schenectady Heart

117-119 Odell Street Schenectady, NY 12304

117-119 Odell Street, Schenectady, NY, 12304
$305,000
For Sale
Claim this Listing
$305,000

Remodeled side-by-side duplex with separate utilities and ample storage.

Property Size2,074 SF
Price / SF$147.06
AddedJan 6
Days on Market191
Last RefreshJul 15 at 5:15 pm

Property Features for 117-119 Odell Street

General Information

Standard status
Active
Size
2,074 SF
Property subtype
Multi Family / Duplex

Building Details

Year Built
1880

Listing office Realty One Group Key

Listing date Jan 6, 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 Realty One Group Key


Investment Insights

Based on property information with market context.

This is a side-by-side duplex located in Schenectady. The property has been remodeled and includes separate utilities. A fence separates the backyard. Both homes feature abundant natural light and plenty of storage. Off-street parking is available. The property is conveniently located near public transportation, highways, shopping, and local amenities. The property size is 2074 square feet. It offers an opportunity to build equity or generate rental income. Both units are currently vacant.

Key Highlights

  • Remodeled duplex in a central Schenectady location
  • Separate utilities for each unit
  • Fenced backyard for privacy

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 $36.1k $17.40
− Vacancy −$2.3k −$1.13
EGI $33.7k $16.27
− OpEx −$10.1k −$4.88
NOI $23.6k $11.39
2,074 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$337.4K
$295.2K – $393.7K (±1% cap)
NOI $23,619 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$302.7K
$264.8K – $353.1K (±1% cap)
NOI $21,186 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$620.8K
$543.2K – $724.2K (±1% cap)
NOI $43,454 @ 7.0% cap · market cap 14.25%
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

Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Hair Salon Nail Salon HVAC Service Cafe & Coffee Shop Accounting Firm Big Box & Wholesale Store

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

FAQs

What type of property is this?
Duplex - Remodeled side-by-side duplex with separate utilities and ample storage.
Where is this duplex located?
The property is located at 117-119 Odell Street Schenectady, NY.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Remodeled duplex in a central Schenectady location; Separate utilities for each unit; Fenced backyard for privacy
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