Seller Financing
Address
225 Nott Terrace, Schenectady, NY
Price
$ 450,000
Property Attributes
- MLS#202328355
- TypeMulti-Family
- CountySCHENECTADY
- CitySchenectady
- AreaSchenectady
- Zip12307
- StyleRooming House
- Year Built1902
- Taxes$ 10500
- Price$ 450,000
- Bedrooms13
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage3978
- Lot Size4,356 SqFt
Data Source:
Global MLS (GCAR)
Property Description
Rare investment opportunity - legal boarding house in the city of Schenectady. 13 bedrooms with very low vacancy (some long term tenants), one large common kitchen area, and two shared bathrooms. Each room rental includes a bed, dorm-sized refrigerator, and access to free Wi-Fi. Tremendous cash flow. Owner pays all utilities. Motivated sellers, bring all offers! Owner financing is available with 25% down.
| High School |
|---|
| Schenectady High School |
| Price History | |
|---|---|
| 11/15/2023 | Listed $525,000 |
| 3/12/2024 | 15% - $450,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Cooling | Window Unit(s) |
| Possession | At Closing |
| Roof | Shingle |
| Exterior Features | None |
| Garage Spaces | 0.0 |
| Architectural Style | Rooming House,Other |
| Security Features | Security Lights,Carbon Monoxide Detector(s) |
| Construction Materials | Brick |
| Year Built | 1902 |
| Property SubType | 5+ Units |
| County | Schenectady |
| New Construction | No |
| Property Type | MultiFamily |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | Corner of State St and Nott Terr. Across from MVP building |
| ModificationTimestamp | 2024-03-12T17:45:42Z |
| High School | Schenectady |
| City | Schenectady |
| Buyer Agent Compensation | 3.00 |
| View Y/N | No |
| High School District | Schenectady |
| Total Units | 5 |
| Lot Size Square Feet | 4356.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Nott |
| Land Lease Y/N | No |
| Tax Annual Amount | 10500.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 165 |
| Standard Status | Active |
| Tax Lot | 29.000 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| PostalCity | Schenectady |
| Senior Community | None |
Interior Features
| Basement | Unfinished |
|---|---|
| Flooring | Laminate |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Above Grade Finished Area | 3978.0 |
| Full Baths | 2 |
| Half Baths | 1 |
| Street Suffix | Terrace |
| Total Bedrooms | 13 |
| Below Grade Finished Area | 0.0 |
| Electric On Property Y/N | No |
| Total Baths | 3 |
Exterior Features
| Fencing | Back Yard,Chain Link |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.1 |
| Spa | No |
| Lot Size Acres | 0.1 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 12307
Price
Taxes
Visits
Year Built
Walkscore
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