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$750,000
Monthly Est:$3,733
12 Beds
7 Baths6 full baths + 1 half bath
5,829sqft
4 River St, Schenectady, NY 12305
$750,000
$3,733/moEst:
Get Pre-Approved
Multi Family
Built in 1950
$-- HOA
0.18 acre lot
$129/sq.ft
Description
Well-Maintained 6-Unit Multifamily Investment Opportunity -- $750,000
Fully rented and turnkey, this 6-unit multifamily property offers a stable, income-producing asset with room to grow. Each unit is separately metered with individual gas furnace heat and its own hot water tank, keeping utility costs cleanly divided between tenants. The property also features ample on-site parking for residents, and is located +/- 250 feet from the ALCO Heritage Trail bike path.
Currently generating an approximate 6% cap rate, the property presents a clear path to an estimated 8% cap rate through market-rate rent adjustments -- offering investors meaningful upside in both cash flow and long-term value.
A well-maintained, fully occupied property with strong fundamentals and clear growth potential. Pro forma available upon request.
- Houzeo last checked: 11 hours ago
- Listing updated: September 28, 2026 at 8:38 pm
- Listing Provided by: Craig Clermont (518) 369-2729 DRE #10401382252 | Carrow Real Estate Services LLC (518) 462-7491
- Source: Greater Capital Association of Realtors (Global) MLS-NY | MLS#: 202625284
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1950
HOA Fees
-
Finished Area
5,829 sqft
Lot Size
0.18 acre lot
Basement Area
- sqft
MLS Name
Greater Capital Association of Realtors (Global) MLS
MLS Number
202625284
MLS Status
Active
Days on Market
29
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 7
Interior
Heating
Forced Air
Cooling
None
Sewer
Public Sewer
Exterior Features
None
Construction
Year Built
Year Built: 1950
Home type
Multi Family
Architectural Style
Apartment 4 Plus Unit
Roof
Rolled/hot Mop
Construction Materials
Brick
Utilities & Energy
Electric
200+ Amp Service
Water Source
Public
Basement
Full, Unfinished
Other Features
Lot Features
Level
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
09/02/2026 Source: | Listed for Sale | $750,000 $129/sqft |
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Based on information from the Global Multiple Listing Service, Inc. through Oct 01, 2026, 02:45PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.
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