Renovated Up-and-Down
118 Robinson Street, Schenectady, NY 12304
MULTI_FAMILY - Schenectady, NY
Property size:
1,536 SFLot size:
0.09 AcresPrice / SF:
$162/SF- Added:
- May 19, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 4 at 1:06 am
Property Features for 118 Robinson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Standard status
- Active Under Contract
- Size
- 1,536 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4298
Utilities
- Heating system
- Natural Gas, Forced Air, Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 2
- Flooring type
- Tile, Laminate, Vinyl
- Building materials
- Vinyl Siding, Brick
- Roof type
- Asphalt
Listing agent Christine M Serafini (518) 356-1701
Listing office Miranda Real Estate Group Inc 1801 Altamont Ave Ste 1, Schenectady, NY (518) 356-1701
Listing date May 19, 2026
MLS# 11778285
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
- Fully renovated up‑and‑down duplex with two vacant units: 3BR/1BA on 1st floor and 1BR/1BA on 2nd floor
- 1,536 SF property built in 1900 with asphalt roof, brick and vinyl siding exterior, and basement
- Updated kitchens with new cabinetry and appliances, plus refreshed bathrooms and a mix of tile, laminate, and vinyl flooring
- Separate utilities for each unit (electric, gas, and water heater); owner covers sewer, trash, and water
- Front porch and off‑street parking for up to 6 vehicles, plus in‑unit washer/dryer hookups on the first floor
- Attic with hatch access; heating includes natural gas/forced air and electric (baseboard listed)
Overview
This fully renovated up-and-down duplex offers two currently vacant residential units: a spacious first-floor 3-bedroom, 1-bath apartment and a second-floor 1-bedroom, 1-bath apartment. Both units feature brand-new finishes, including updated kitchens with new cabinetry and appliances, refreshed bathrooms, and quality flooring. Each unit is separately metered for electric and gas, and includes its own water heater, supporting independent utility management by tenant and simplifying owner expenses. The owner is responsible for sewer, trash, and water.
The property includes a full basement, a front porch, and an attic with hatch access. Exterior improvements combine brick and vinyl siding for durability and lower maintenance. Off-street parking is available for up to six vehicles, and the first-floor unit includes washer/dryer hookups.
Located at 118 Robinson Street in Schenectady, NY 12304, this duplex is designed for buyers seeking a move-in ready configuration. With two separate units, separate utility responsibilities, and updated interior finishes throughout, it can support owner-occupancy or a turnkey rental setup based on the current vacant status of both apartments.
The property includes a full basement, a front porch, and an attic with hatch access. Exterior improvements combine brick and vinyl siding for durability and lower maintenance. Off-street parking is available for up to six vehicles, and the first-floor unit includes washer/dryer hookups.
Located at 118 Robinson Street in Schenectady, NY 12304, this duplex is designed for buyers seeking a move-in ready configuration. With two separate units, separate utility responsibilities, and updated interior finishes throughout, it can support owner-occupancy or a turnkey rental setup based on the current vacant status of both apartments.
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 | $26.7k | $17.40 |
| − Vacancy | −$1.7k | −$1.13 |
| EGI | $25.0k | $16.27 |
| − OpEx | −$7.5k | −$4.88 |
| NOI | $17.5k | $11.39 |
1,536 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$249.9K
$218.7K – $291.5K
NOI $17,492 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$224.1K
$196.1K – $261.5K
NOI $15,690 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$459.7K
$402.3K – $536.4K
NOI $32,182 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.918
- Latitude
- 42.797442
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turnkey renovated duplex with two vacant units and separate utilities, plus basement, porch, and parking for up to six.
Where is this duplex located?
The property is located at 118 Robinson Street Schenectady, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Fully renovated up‑and‑down duplex with two vacant units: 3BR/1BA on 1st floor and 1BR/1BA on 2nd floor; 1,536 SF property built in 1900 with asphalt roof, brick and vinyl siding exterior, and basement; Updated kitchens with new cabinetry and appliances, plus refreshed bathrooms and a mix of tile, laminate, and vinyl flooring
