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Renovated Duplex Investment

2418 Campbell Avenue Schenectady, NY 12306

2418 Campbell Avenue, Schenectady, NY, 12306
$367,000
For Sale
$367,000

Turn-key, fully occupied duplex recently updated throughout with modern finishes, kitchens, baths, and well-maintained mechanicals.

Property Size2,084 SF
Price / SF$176.10
Days on Market199

Property Features for 2418 Campbell Avenue

General Information

Standard status
Active
Size
2,084 SF
Property subtype
Multi Family / Duplex

Building Details

Year Built
1910
Listing agency Find Advisors
Listed by Parmanand Phaskanram · License #10401321044
Source Compass
Added: Jan 5 Updated: Jul 23 at 5:47AM Checked: Jul 23 at 5:47AM

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 Find Advisors


Investment Insights

Based on property information with market context.

This fully occupied, renovated duplex is presented as turn-key and updated throughout. The property features modern finishes with an updated kitchen and bath, along with well-maintained mechanicals designed for low-maintenance ownership. The seller is offering the home as-is.

The property is located at 2418 Campbell Avenue in Schenectady, NY, with convenience to shopping, schools, and major routes.

The duplex includes two income-producing floors, with rent listed as $1,400 per floor.

Key Highlights

  • Fully occupied renovated duplex built in 1910
  • Rent $1,400 per floor (total $2,800/month) with the property already fully occupied
  • Updated kitchen and bath with modern finishes throughout

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 $36.3k $17.40
− Vacancy −$2.4k −$1.13
EGI $33.9k $16.27
− OpEx −$10.2k −$4.88
NOI $23.7k $11.39
2,084 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$339.0K
$296.7K – $395.6K (±1% cap)
NOI $23,733 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$304.1K
$266.1K – $354.8K (±1% cap)
NOI $21,288 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$623.8K
$545.8K – $727.7K (±1% cap)
NOI $43,664 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Bakery HVAC Service Garden Center Gym & Fitness Center Carpet & Flooring Store

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

FAQs

What type of property is this?
Duplex - Turn-key, fully occupied duplex recently updated throughout with modern finishes, kitchens, baths, and well-maintained mechanicals.
Where is this duplex located?
The property is located at 2418 Campbell Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $367,000.
What are key features of this property?
This property features: Fully occupied renovated duplex built in 1910; Rent $1,400 per floor (total $2,800/month) with the property already fully occupied; Updated kitchen and bath with modern finishes throughout
Contact an agent
More about this property
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