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5-Unit Apartment Building
For Sale
$275,000

39 Kelton Avenue, Schenectady, NY 12304

Electric baseboard heating and tenant-paid utilities support straightforward property operations.

Property Size3,040 SF
Price / SF$90.46
Days on Market3550

Property Features for 39 Kelton Avenue

General Information

Standard status Active
Size 3,040 SF
Total Parking Spaces 14
Property subtype MULTI-FAMILY / 5+ Units

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $7,280

Amenities

Electricity
Baseboard
5
Slate
Full
Vinyl

Building Details

Year Built 1984
Listing Agency: Howard Hanna
Listed By: Deborah Poulton · License #10401232409
Source: Compass
Added: Jan 29, 2017 Changed: Oct 13 Last Checked: Oct 19 at 8:13AM

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 Howard Hanna

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Investment Insights

Based on property information with market context.

This 3,040-square-foot apartment property contains five units and was built in 1984. The building includes a four-car garage, along with parking for 10 vehicles. Electric baseboard heating serves the property, and individual tenants pay their own utilities.

The property is located at 39 Kelton Avenue in Schenectady, New York 12304. Its combination of multiple residential units, enclosed garage capacity, and on-site parking provides a clearly defined multifamily configuration.

Key Highlights

  • Five‑unit apartment property
  • 3,040 square feet; built in 1984
  • Four‑car garage

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

813
Businesses Nearby

Demographics for 12304, NY

21,513
Population
9,438
Households
2.3
Avg Household Size
40
Median Age
25%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,211
Density / Sq Mi
$67,688
Median Household Income
$43,824
Median Earnings
$1,049
Median Rent
$171,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Electric baseboard heating and tenant-paid utilities support straightforward property operations.
Where is this apartment building located?
The property is located at 39 Kelton Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Five‑unit apartment property; 3,040 square feet; built in 1984; Four‑car garage
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