Price Reduction - Seller Financing
Address
565 Summit Avenue, Schenectady, NY
Price
$ 424,000
Property Attributes
  • MLS#202414564
  • TypeMulti-Family
  • CountySCHENECTADY
  • CitySchenectady
  • AreaSchenectady
  • Zip12307
  • StyleApartment 4 Plus Unit
  • Year Built1972
  • Taxes$ 5600
  • Price$ 424,000
  • Bedrooms8
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3360
  • Lot Size2,614 SqFt
Data Source:
Global MLS (GCAR)
Property Description

***OWNER FINANCING AVAILABLE TO HELP WITH THE DOWN PAYMENT!*** 5 Unit Apartment Building for sale! Excellent Opportunity to invest or add to your investment portfolio in the thriving City of Schenectady. Potential Annual Gross Rental Income is $72,120. Three out of Five Apartments are rented. The other 2 Apartments will be rented this month. LOW TAXES! Approximately $5,600 per year. New Roof to be installed soon. Close to Downtown, State Street, Shopping, Restaurants, Bus line and more. Don't miss out on this rare opportunity!

High School
Schenectady High School
Price History
4/3/2024 Listed $449,000
4/18/2024 6% - $424,000

General Features

Sewer Public Sewer
Heating Hot Water,Natural Gas
Possession Subject To Tenant Rights,At Closing
Roof Slate
Exterior Features Garden
Garage Spaces 0.0
Patio/Porch Features Rear Porch,Side Porch,Front Porch
Architectural Style Apartment 4 Plus Unit
Construction Materials Stucco,Vinyl Siding
Year Built 1972
Tenant Pays Electricity
Property SubType 5+ Units
County Schenectady
New Construction No
Property Type MultiFamily
HOA / Comm Assn No
Attached Garage No
Status Active
Directions GPS
ModificationTimestamp 2024-05-02T13:42:58Z
High School Schenectady
City Schenectady
Buyer Agent Compensation 1.75
View Y/N No
High School District Schenectady
Total Units 5
Lot Size Square Feet 2613.6
Waterfront Y/N No
Carport Y/N No
Street Name Summit
Land Lease Y/N No
Tax Annual Amount 5600.0
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 30
Standard Status Active
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
PostalCity Schenectady
Senior Community None

Interior Features

Basement Full
Flooring Hardwood
Basement (Y/N) No
Heating Y/N Yes
Above Grade Finished Area 3360.0
Full Baths 5
Street Suffix Avenue
Total Bedrooms 8
Electric On Property Y/N No
Total Baths 5

Exterior Features

Parking Features Off Street,Driveway
Lot Features Level
Water Source Public
Total Parking 8.0
Lot Size Area 0.06
Spa No
Lot Size Acres 0.06
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N Yes
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
AVG $280K
$420K
Taxes
AVG $5,103
$5,600
Visits
AVG 39
15
Data Provided by Inside Real Estate®
Year Built
AVG 1930
1972

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Your Agent

Reggie Monroe

Associate Real Estate Broker / eXpansion Team Leader / Transaction Coordinator

518-314-0419

Listed By
Scott Scorzafava with Scorzafava Real Estate Group LLC

Areas We Cover

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