Four-Unit Apartment with
For Sale
Contact for pricing
982 S Schodack Rd, Castleton, NY 12033
Four-unit apartment with barn in rural setting, ready for renovation.
Property Size4,224 SF
Lot Size1.00 Acre
Price / SF$72.84
Days on Market758
Property Features for 982 S Schodack Rd
General Information
Standard status
Active
Size
4,224 SF
Lot size
1.00 Acre
Property subtype
Mixed Use
Listing Agency:
ABSOLUTE AUCTION AND REALTY INC
(845) 616-5682
Listed By:
Jessica Meyer Booth
Source:
Crexi
Added: Jul 24, 2024
Changed: Aug 8
Last Checked: Aug 19 at 8:15AM
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 ABSOLUTE AUCTION AND REALTY INC
Investment Insights
Based on property information with market context.
This four-unit apartment building, offered via online auction ending August 21st, features a barn and a potential 1-acre lot in a rural setting. The property is ready for renovation, having been recently gutted and cleared of debris. The garden-style apartment building contains two 2-bedroom/1 bath apartments, one 2-bedroom/2 bath apartment, and one 3-bedroom/1 bath apartment. Constructed circa 1780, the building has a total area of approximately 4,224 square feet. It features two entrances on the north side and two off the front porch. Just prior to COVID, the seller invested $50,000 in a new septic system and well. The property is zoned R-40, allowing for possible lot subdivision of the level one-acre portion to the north, which has road frontage. A large barn offers potential for work, storage, or entertainment space. Located in Rensselaer County, just over the border from Columbia County, the property is near Route 9 and I-90 (NYS Thruway Berkshire Connector), providing an easy commute to Albany. It is also near Schodack Island State Park and the Town of Schodack Music in the Parks. The full market assessed value for 2024 is $307,692. The property is located within the Schodack School District. Utilities include gas and electric.
Key Highlights
- Four‑unit apartment building with renovation potential in a rural setting
- New septic and well installed prior to COVID at a cost of $50,000 to the seller
- Potential for lot subdivision of a level one‑acre portion with road frontage (zoned R‑40)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 12033, NY
8,076
Population
3,843
Households
2.1
Avg Household Size
46
Median Age
35%
College-Educated
93%
High-School Grad
28.5 sq mi
ZIP Area
283
Density / Sq Mi
$92,808
Median Household Income
$55,875
Median Earnings
$1,380
Median Rent
$267,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit apartment with barn in rural setting, ready for renovation.
Where is this quadplex located?
The property is located at 982 S Schodack Rd Castleton, NY.
What is the asking price?
The asking price for this property is $307,692.
What are key features of this property?
This property features: Four‑unit apartment building with renovation potential in a rural setting; New septic and well installed prior to COVID at a cost of $50,000 to the seller; Potential for lot subdivision of a level one‑acre portion with road frontage (zoned R‑40)
