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Duplex with Three Garage Bays

19 Ingersoll Avenue Schenectady, NY 12305

19 Ingersoll Avenue, Schenectady, NY, 12305
$250,000
For Sale
$250,000

Updated duplex with new roof, kitchens and baths, plus in-unit laundry hookups and off-street parking with three garage bays.

Property Size1,928 SF
Price / SF$129.67
Days on Market103

Property Features for 19 Ingersoll Avenue

General Information

Standard status
Active
Size
1,928 SF
Property subtype
Multi Family / Duplex

Building Details

Year Built
1920
Listing agency Century 21 North East
Listed by Nathalie Lenehan · License #10301201407
Source Compass
Added: Apr 10 Updated: Jul 21 at 3:12AM Checked: Jul 21 at 3:12AM

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 Century 21 North East


Investment Insights

Based on property information with market context.

This duplex offers significant interior and systems updates, including a new roof, new kitchens and baths, updated plumbing and electrical, and hardwood floors. The units include in-unit laundry hookup availability, and the property features a clean basement and attic for additional storage. Off-street parking is available, and the three garage bays can provide additional income.

The property is located at 19 Ingersoll Avenue in Schenectady, positioned steps from the Mohawk River trail and Riverside Park. It is also near Rivers Casino and Mohawk Harbor, where kayaks can be rented, with downtown Schenectady restaurants, shops, and theatre within reach.

The owner is a licensed Realtor and the offering may be suitable for a 1031 exchange, depending on buyer and tax requirements.

Key Highlights

  • Updated duplex in the Stockade Historic District, built in 1920
  • New roof plus updated plumbing and electrical
  • New kitchens and baths and hardwood flooring

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 $33.5k $17.40
− Vacancy −$2.2k −$1.13
EGI $31.4k $16.27
− OpEx −$9.4k −$4.88
NOI $22.0k $11.39
1,928 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$313.7K
$274.5K – $366.0K (±1% cap)
NOI $21,957 @ 7.0% cap · market cap 8.78%
Second Best
Apartment 5plus
$281.3K
$246.2K – $328.2K (±1% cap)
NOI $19,694 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$577.1K
$504.9K – $673.3K (±1% cap)
NOI $40,395 @ 7.0% cap · market cap 16.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Furniture & Home Goods Dental Office Building Supply (Bike/Boat/Book/etc) Store Acupuncture Storage Facility Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated duplex with new roof, kitchens and baths, plus in-unit laundry hookups and off-street parking with three garage bays.
Where is this duplex located?
The property is located at 19 Ingersoll Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Updated duplex in the Stockade Historic District, built in 1920; New roof plus updated plumbing and electrical; New kitchens and baths and hardwood flooring
Contact an agent
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