1595 Union St, Schenectady, NY 12309

Description

Turnkey four unit opportunity in Schenectady's Upper Union Street corridor. This quadruplex offers four separate one bedroom, one bath units, two on the first floor and two on the second, each with its own kitchen, living space with combined dining area, full bath, refrigerator, and range. Recent updates throughout include fresh paint, new flooring, updated kitchens, and modernized baths, so the work is already done for you. The property offers an estimated 13.9% cap rate, well above the average cap rate typically seen across New York's Capital Region, representing a strong income producing return. Parking is a standout, with a driveway, a 2 car garage, and additional par...