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Two-Unit Multifamily Building For Sale
For Sale
$89,000
Pending

17 Grove Place, Schenectady, NY 12307

Two-unit multifamily building available for sale as an investment opportunity.

Property Size1,920 SF
Lot Size0.04 Acres
Days on Market1163

Property Features for 17 Grove Place

General Information

Standard status Pending
Size 1,920 SF
Lot size 0.04 Acres
Property subtype Commercial

Building Details

Year Built 1910
Listing Agency: CARROW REAL ESTATE SERVICES LLC
Listed By: THOMAS A MILLER · License #10401253549
Source: Corcoran
Added: Jun 14, 2023 Changed: Jul 6 Last Checked: Jul 23 at 8:55AM

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 CARROW REAL ESTATE SERVICES LLC

Investment Insights

Based on property information with market context.

This two-unit multifamily building, part of a larger portfolio, is available for sale as an investment opportunity. The property, with a size of 1920 square feet, is being offered 'AS IS' and will be delivered vacant.

Key Highlights

  • Investment Opportunity: Multi‑family building suitable for rental income or resale.
  • Vacant Possession: Allows immediate occupancy or renovation.
  • Two‑Unit Building: Potential for multiple income streams.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Acupuncture Butcher (Bike/Boat/Book/etc) Store Florist Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,058
Businesses Nearby

Demographics for 12307, NY

7,567
Population
3,491
Households
2.2
Avg Household Size
32
Median Age
14%
College-Educated
74%
High-School Grad
0.7 sq mi
ZIP Area
10,810
Density / Sq Mi
$33,191
Median Household Income
$28,878
Median Earnings
$1,110
Median Rent
$95,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit multifamily building available for sale as an investment opportunity.
Where is this duplex located?
The property is located at 17 Grove Place Schenectady, NY.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Investment Opportunity: Multi‑family building suitable for rental income or resale.; Vacant Possession: Allows immediate occupancy or renovation.; Two‑Unit Building: Potential for multiple income streams.
More about this property
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