Four-Unit Residential Income
For Sale
$325,000
1405 State Street, Schenectady, NY 12304
Four-unit multifamily with separate utility meters, a roof reportedly four years old, and updated tile bathrooms.
Property Size3,136 SF
Price / SF$103.64
Days on Market119
Property Features for 1405 State Street
General Information
Standard status
Active
Size
3,136 SF
Property subtype
Multi-family
Occupancy
75%
Additional Details
Multifamily Units
4
Building Details
Year Built
1984
Tenancy
Multi
Listing Agency:
KW Platform
Listed By:
Andrea Tallman
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Apr 27
Changed: Aug 23
Last Checked: Aug 22 at 9:47AM
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 KW Platform
Investment Insights
Based on property information with market context.
This four-unit residential income property is configured as a quadplex with separate utility meters and spacious units. The roof is reportedly four years old, and the interiors feature original charm elements such as hardwood flooring and built-ins, along with updated tile bathrooms. One unit is currently vacant and ready for move-in, while three units are occupied by long-term tenants.
The building is situated on a direct bus line in a high-demand rental market, with the property described as having seamless proximity to downtown restaurants and amenities.
A massive walk-up attic is also included, offering room for future expansion as additional living space.
The building is situated on a direct bus line in a high-demand rental market, with the property described as having seamless proximity to downtown restaurants and amenities.
A massive walk-up attic is also included, offering room for future expansion as additional living space.
Key Highlights
- Four‑unit multifamily built in 1984
- Separate utility meters for the units
- Roof reportedly 4 years old
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily with separate utility meters, a roof reportedly four years old, and updated tile bathrooms.
Where is this quadplex located?
The property is located at 1405 State Street Schenectady, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four‑unit multifamily built in 1984; Separate utility meters for the units; Roof reportedly 4 years old
