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Turnkey Two-Family Property

2026 Euclid Avenue Schenectady, NY 12306

2026 Euclid Avenue, Schenectady, NY, 12306
$219,000
For Sale
Claim this Listing
$219,000

Two-family property featuring updated bathrooms and spacious backyard.

Property Size1,472 SF
Price / SF$148.78
AddedNov 17, 2024
Days on Market606
Last RefreshJul 16 at 5:46 am

Property Features for 2026 Euclid Avenue

General Information

Standard status
Active
Size
1,472 SF
Property subtype
Multi Family / Duplex

Building Details

Year Built
1915

Listing office Thompson Real Estate Team

Listing date Nov 17, 2024

Source Compass

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 Thompson Real Estate Team


Investment Insights

Based on property information with market context.

This is a turnkey two-family property. The first floor features a large living room, a formal dining room, and two bedrooms. The second floor includes one large bedroom, a living room, and an eat-in kitchen. The property has a full updated bathroom. It also features a large backyard that is accessible via a shared driveway. The property size is 1472 square feet.

Key Highlights

  • Turn‑key two‑family property.
  • Two bedrooms on the first floor.
  • Full, updated bathroom.

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 $25.6k $17.40
− Vacancy −$1.7k −$1.13
EGI $23.9k $16.27
− OpEx −$7.2k −$4.88
NOI $16.8k $11.39
1,472 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$239.5K
$209.6K – $279.4K (±1% cap)
NOI $16,764 @ 7.0% cap · market cap 7.65%
Second Best
Apartment 5plus
$214.8K
$188.0K – $250.6K (±1% cap)
NOI $15,036 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$440.6K
$385.5K – $514.0K (±1% cap)
NOI $30,841 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Bakery Computer & Electronic Repair Dental Office Gym & Fitness Center Storage Facility Acupuncture Skin Care Clinic

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

FAQs

What type of property is this?
Duplex - Two-family property featuring updated bathrooms and spacious backyard.
Where is this duplex located?
The property is located at 2026 Euclid Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Turn‑key two‑family property.; Two bedrooms on the first floor.; Full, updated bathroom.
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