Two-Family Duplex with Off-Street
807 Craig Street Schenectady, NY 12307
807 Craig Street, Schenectady, NY, 12307
$324,900
For Sale
$324,900
Six-bedroom, two-bath duplex with off-street parking for owner-occupant or investor.
Property Size2,220 SF
Price / SF$146.35
Days on Market61
Property Features for 807 Craig Street
General Information
- Standard status
- Active
- Size
- 2,220 SF
- Property subtype
- Multi Family / Duplex
Building Details
- Year Built
- 1910
Listing agency
Triple T Premier Realty LLC
(518) 598-7020
Listed by
Tauseef A Baksh · License #10491214151
(518) 598-7020
Source
Compass
Added: May 24 Updated: Jul 10 at 1:50PM Checked: Jul 22 at 10:44AM
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 Triple T Premier Realty LLC
Investment Insights
Based on property information with market context.
This two-family duplex offers a total of six bedrooms and two full bathrooms, providing practical space for an owner-occupant setup or a rental-oriented arrangement. Off-street parking is included, supporting everyday convenience for residents and guests.
The property is located at 807 Craig Street in Schenectady, NY. The public remarks indicate it is minutes away from major highways, parks, and shopping, which can be helpful for tenant access to daily necessities and commuters who rely on nearby road connections.
For buyers considering either living in one unit while renting the other or focusing on income potential, the layout and bedroom/bath count support a range of tenant needs. Off-street parking can also be a deciding factor for renters evaluating comparable two-family homes. If you’re looking for a two-family residence with straightforward amenities and flexible occupancy options, this duplex is worth a closer look.
The property is located at 807 Craig Street in Schenectady, NY. The public remarks indicate it is minutes away from major highways, parks, and shopping, which can be helpful for tenant access to daily necessities and commuters who rely on nearby road connections.
For buyers considering either living in one unit while renting the other or focusing on income potential, the layout and bedroom/bath count support a range of tenant needs. Off-street parking can also be a deciding factor for renters evaluating comparable two-family homes. If you’re looking for a two-family residence with straightforward amenities and flexible occupancy options, this duplex is worth a closer look.
Key Highlights
- 2‑family duplex built in 1910 with 6 bedrooms and 2 full baths
- Forced‑air heating with natural gas
- Full basement and full attic space
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 | $38.6k | $17.40 |
| − Vacancy | −$2.5k | −$1.13 |
| EGI | $36.1k | $16.27 |
| − OpEx | −$10.8k | −$4.88 |
| NOI | $25.3k | $11.39 |
2,220 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$361.2K
$316.0K – $421.4K
NOI $25,282 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$324.0K
$283.5K – $378.0K
NOI $22,677 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$664.5K
$581.4K – $775.2K
NOI $46,513 @ 7.0% cap · market cap 14.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Six-bedroom, two-bath duplex with off-street parking for owner-occupant or investor.
Where is this duplex located?
The property is located at 807 Craig Street Schenectady, NY.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 2‑family duplex built in 1910 with 6 bedrooms and 2 full baths; Forced‑air heating with natural gas; Full basement and full attic space
