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Vacant Duplex with Barn
For Sale
$239,000
Pending

2177 Helderberg Avenue, Schenectady, NY 12306

MultiFamily, Schenectady, NY

Property Size1,823 SF
Lot Size0.56 Acres
Days on Market36

Property Features for 2177 Helderberg Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
Parking 10
Parking features Off Street, Driveway
Patio and Porch features Porch
Exterior features Garden
Basement Full
Lot features Level, Cleared
Elementary school district Mohonasen
Middle school district Mohonasen
High school district Mohonasen
Directions From I-90 W take exit 25 for I-890/NY-7 toward NY-146/Schenectady. Take exit 9 to NY-7 W/Curry Rd toward NY-146. Continue on Curry Rd to take a left onto Helderberg Ave. The house will be on your right after the bridge/overpass.
Standard status Pending
APN 422800 70.8-2-11.111
Size 1,823 SF
Lot size 0.56 Acres

Taxes and HOA fees

Tax Annual Amount 5164

Utilities

Sewer type Septic Tank
Heating system Baseboard, Natural Gas, Electric (Heating)
Water source Public

Amenities

garage
sheds
barn

Building Details

Year built 1930
Number of units 2
Flooring type Tile - Ceramic, Carpet, Wood, Laminate
Building materials Wood Siding
Roof type Shingle, Asphalt
Architectural style Other
Additional Structures Outbuilding
Listing Agency: Re Max Capital · RE/MAX International
Listed By: Carmen Rau · License #10401282342
Added: Sep 1 Changed: Sep 12 Last Checked: Oct 6 at 7:06PM
MLS# 202625352

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-family property at 2177 Helderberg Avenue provides 1,823 square feet of residential space on 0.56 acres. The 1930-built home includes two bathrooms and four bedrooms, with hardwood, carpet, laminate, and ceramic tile flooring. A newer roof, new septic system, natural gas service, baseboard heating, and public water are among the property’s documented improvements and systems.

Exterior features include wood siding, a porch, multiple sheds, a spacious barn, a one-car garage, and a paved driveway with off-street parking. The property is currently vacant and is located in Rotterdam within the Mohonasen School District. Its Schenectady address places the home in the 12306 postal area.

Key Highlights

  • Two‑family duplex with 1,823 square feet on 0.56 acres
  • Built in 1930 with a newer roof and new septic system
  • Spacious barn, multiple sheds, and one‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,761
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,220 $415.2K
Cap Rate 7%
$296,586 $296.6K
Cap Rate 9%
$230,678 $230.7K
Market Conditions
NOI Build-Up for 1,823 SF
Gross rent
$31.7K $17.40/SF
− Vacancy
−$2.1K −$1.13/SF
EGI
$29.7K $16.27/SF
− OpEx
−$8.9K −$4.88/SF
NOI
$20.8K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,220
Cap Rate 7%
$296,586
Cap Rate 9%
$230,678

Alternative Uses

Best Use
Multifamily LT 5
$296.6K
$259.5K – $346.0K (±1% cap)
NOI $20,761 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$266.0K
$232.8K – $310.4K (±1% cap)
NOI $18,622 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$545.6K
$477.4K – $636.6K (±1% cap)
NOI $38,195 @ 7.0% cap · market cap 15.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 12306, NY

26,935
Population
12,481
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
43.9 sq mi
ZIP Area
614
Density / Sq Mi
$80,583
Median Household Income
$46,702
Median Earnings
$1,221
Median Rent
$212,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family property with a garage, multiple sheds, hardwood flooring, and paved off-street parking.
Where is this duplex located?
The property is located at 2177 Helderberg Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Two‑family duplex with 1,823 square feet on 0.56 acres; Built in 1930 with a newer roof and new septic system; Spacious barn, multiple sheds, and one‑car garage
More about this property
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