Description
Investor opportunity in Schenectady's historic Stockade District. This 2,186 square foot quadruplex offers four separate units with strong income potential and a total potential gross cap rate of 13.82%. Tucked into the city's oldest and most walkable neighborhood along the Mohawk River, the property pairs historic character (original tin ceilings and period detailing) with updated kitchens and baths throughout. Each unit lives comfortably with its own kitchen and full bath, and the building sits just steps from downtown Schenectady's dining, waterfront, and SUNY Schenectady. Please note: this property is being offered as an assignment of contract. This property is being sold as an Assignment Sale.
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4BEDS
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0.11ACRES
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4BATHS
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01/2 BATHS
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2,186SQFT
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$155$/SQFT
Description
Investor opportunity in Schenectady's historic Stockade District. This 2,186 square foot quadruplex offers four separate units with strong income potential and a total potential gross cap rate of 13.82%. Tucked into the city's oldest and most walkable neighborhood along the Mohawk River, the property pairs historic character (original tin ceilings and period detailing) with updated kitchens and baths throughout. Each unit lives comfortably with its own kitchen and full bath, and the building sits just steps from downtown Schenectady's dining, waterfront, and SUNY Schenectady. Please note: this property is being offered as an assignment of contract. This property is being sold as an Assignment Sale.
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