Turnkey Triplex
917 Bridge Street Schenectady, NY 12303
917 Bridge Street, Schenectady, NY, 12303
$345,000
Pending
For Sale
$345,000
Pending
MULTI_FAMILY - Schenectady, NY
Property Size2,772 SF
Lot Size0.11 Acres
Days on Market128
Property Features for 917 Bridge Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 6
- Basement
- Full
- Standard status
- Pending
- APN
- 421500 49.39-2-36
- Size
- 2,772 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6547
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1910
- Number of units
- 3
- Building materials
- Wood Siding
Listing agency
Real Broker NY LLC
(855) 450-0442
Listed by
Saad Tai · License #10401373295
(518) 348-9535
Added: Mar 17 Updated: Jul 1 at 1:39PM Checked: Jul 22 at 5:06AM
MLS# 202613456
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 property is a turnkey three-unit triplex offering income-producing residential units under one roof. The offering is described as fully updated throughout, designed for low-maintenance ownership. The property size is listed as 2,772 square feet, and the lot size is listed as 0.11 acres.
The triplex is located at 917 Bridge Street in Schenectady, New York 12303, in Schenectady County. The listing presents the property as a residential income asset suitable for investors or owner-occupants seeking on-site rental income.
For tenants, the building is positioned as move-in ready based on the stated “fully updated” condition. For buyers, the existing three-unit configuration supports straightforward operations as a triplex, with the listing noting current monthly income of $1,100. The seller also references estimated market rents, indicating room for adjustment toward higher rent levels, though buyers should confirm all rent assumptions during due diligence. With pricing noted as negotiable, this is structured as a practical, hands-on alternative for an investor seeking a manageable, updated multi-family property or for an owner-occupant looking to offset mortgage costs with rental revenue.
The triplex is located at 917 Bridge Street in Schenectady, New York 12303, in Schenectady County. The listing presents the property as a residential income asset suitable for investors or owner-occupants seeking on-site rental income.
For tenants, the building is positioned as move-in ready based on the stated “fully updated” condition. For buyers, the existing three-unit configuration supports straightforward operations as a triplex, with the listing noting current monthly income of $1,100. The seller also references estimated market rents, indicating room for adjustment toward higher rent levels, though buyers should confirm all rent assumptions during due diligence. With pricing noted as negotiable, this is structured as a practical, hands-on alternative for an investor seeking a manageable, updated multi-family property or for an owner-occupant looking to offset mortgage costs with rental revenue.
Key Highlights
- Triplex with 6 bedrooms and 3 bathrooms based on listed rooms
- Currently generating $1,100 per month in rental income
- Estimated market rents of approximately $3,300 per month
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 | $48.2k | $17.40 |
| − Vacancy | −$3.1k | −$1.13 |
| EGI | $45.1k | $16.27 |
| − OpEx | −$13.5k | −$4.88 |
| NOI | $31.6k | $11.39 |
2,772 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$451.0K
$394.6K – $526.1K
NOI $31,568 @ 7.0% cap · market cap 9.15%
Second Best
Apartment 5plus
$404.5K
$353.9K – $471.9K
NOI $28,315 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$829.7K
$726.0K – $968.0K
NOI $58,079 @ 7.0% cap · market cap 16.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Fully updated three-unit triplex offers turnkey ownership with rental income potential.
Where is this triplex located?
The property is located at 917 Bridge Street Schenectady, NY.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Triplex with 6 bedrooms and 3 bathrooms based on listed rooms; Currently generating $1,100 per month in rental income; Estimated market rents of approximately $3,300 per month
