Remodeled Duplex
13 Ingersoll Avenue Schenectady, NY 12305
13 Ingersoll Avenue, Schenectady, NY, 12305
$284,900
For Sale
$284,900
Freshly painted duplex with updated kitchens and bathrooms in each unit.
Property Size2,078 SF
Price / SF$137.10
Days on Market192
Property Features for 13 Ingersoll Avenue
General Information
- Standard status
- Active
- Size
- 2,078 SF
- Property subtype
- Multi Family / Duplex
Building Details
- Year Built
- 1915
Listing agency
Wagner Real Estate Group
(518) 378-5741
Listed by
Philip W Wagner · License #10491211947
(518) 378-5741
Source
Compass
Added: Jan 10 Updated: Jul 20 at 5:38PM Checked: Jul 21 at 6:59AM
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 Wagner Real Estate Group
Investment Insights
Based on property information with market context.
This remodeled, freshly painted duplex offers updated kitchens and bathrooms in both units, along with spacious bedrooms. The property is configured as a two-unit residential income asset, presenting turn-key appearance for prospective owner-occupants or investors.
The duplex is located in Schenectady’s historic Stockade neighborhood, just steps from Riverside Park and the Mohawk River.
With dedicated unit interiors and modernized key living areas, the layout is designed to provide comfortable, straightforward use for long-term residential occupancy.
The duplex is located in Schenectady’s historic Stockade neighborhood, just steps from Riverside Park and the Mohawk River.
With dedicated unit interiors and modernized key living areas, the layout is designed to provide comfortable, straightforward use for long-term residential occupancy.
Key Highlights
- Freshly painted duplex with updated kitchens and bathrooms in each unit
- Stockade neighborhood duplex located just steps from Riverside Park and the Mohawk River
- Each unit offers spacious bedrooms
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 | $36.2k | $17.40 |
| − Vacancy | −$2.4k | −$1.13 |
| EGI | $33.8k | $16.27 |
| − OpEx | −$10.1k | −$4.88 |
| NOI | $23.7k | $11.39 |
2,078 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$338.1K
$295.8K – $394.4K
NOI $23,665 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$303.2K
$265.3K – $353.8K
NOI $21,226 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$622.0K
$544.2K – $725.6K
NOI $43,538 @ 7.0% cap · market cap 15.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Freshly painted duplex with updated kitchens and bathrooms in each unit.
Where is this duplex located?
The property is located at 13 Ingersoll Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Freshly painted duplex with updated kitchens and bathrooms in each unit; Stockade neighborhood duplex located just steps from Riverside Park and the Mohawk River; Each unit offers spacious bedrooms
