915 Mcclyman Street, Schenectady, NY 12307
Duplex with two-bedroom, one-bath units, suited for investors or owner-occupants in Schenectady.
- Added:
- Apr 4, 2026
- Days on Market:
- 92
- Last Refresh:
- Jun 20 at 10:13 am
Property Features for 915 Mcclyman Street
General Information
- Standard status
- Active
- Size
- 2,016 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing office Miranda Real Estate Group Inc
Listing date Apr 4, 2026
Source Signatureonerealtygroup
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 Miranda Real Estate Group Inc
HighLights
- Duplex built in 1900
- Two‑bedroom, one‑bath units (2 units total)
- Located in Schenectady near downtown Schenectady
- In the Schenectady School District
Overview
The property is located close to downtown Schenectady and falls within the Schenectady School District. This area proximity and school assignment may be important considerations for tenants and households looking for day-to-day convenience and local district alignment.
As a residential income property, it can fit buyers who are looking to add a duplex to a portfolio or explore a first-time homeownership approach with rental income potential. With two functional residential units in place, the property supports a practical tenant-tenant mix and can also appeal to those seeking an owner-occupant strategy where one unit serves as a residence while the other supports offsetting expenses. For anyone evaluating multifamily ownership in Schenectady, the unit configuration and clean two-unit setup offer a clear starting point for underwriting and use planning.
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 | $35.1k | $17.40 |
| − Vacancy | −$2.3k | −$1.13 |
| EGI | $32.8k | $16.27 |
| − OpEx | −$9.8k | −$4.88 |
| NOI | $23.0k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.9321133
- Latitude
- 42.8024874
