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Melissa J. Wakin Mostert
Licensed Associate Real Estate Broker
REALTOR®

1405 State Street, Schenectady, NY 12304

New - 5 Hours Ago

8 Total Photos [Click to View All]

Property Description

Prime Investment Opportunity: This rock solid, four unit multifamily property is a cash flowing gem perfect for investors or owner occupants looking to live for free while tenants pay the mortgage. The building features three stable, long-term tenants with recent rent increases who would love to stay ensuring immediate, reliable income. One vacant unit ready for move-in or top market rent. Boasting a roof only four years old and separate utility meters, the spacious units are filled with original charm, featuring hardwood flooring, beautiful built-ins, updated tile bathrooms, and a massive walk-up attic with incredible potential for a future value add as additional living space. Situated on a direct bus line in a high-demand rental market with strong neighborhood presence and seamless proximity to downtown restaurants and amenities, this turn-key property is an absolute powerhouse for your portfolio. Contact the listing agent for more interior photos.

1405 State Street | MLS# 202619267

This multi-family property located at 1405 State Street, Schenectady, NY 12304 is currently listed for sale with an asking price of $325,000. State Street is located within the Schenectady school district. Search Schenectady real estate on melissa-wakinmostert.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Hot Water, Natural Gas
Home Style: Traditional
Lot Size: 0.08 Acres
Roof Type: Shingle
Taxes: $6,977
Year Built: 1984

Feature Descriptions

Exterior: Vinyl Siding
Exterior: Other
Flooring: Tile, Ceramic Tile, Hardwood, Laminate
Interior: High Speed Internet, Built-in Features, Crown Molding
Lot Dimensions: 35 x 105
Parcel #: 421500 49.60-3-45
Parking: None
Patio/Porch: Rear Porch, Deck, Front Porch
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 3136
Water: Public
Windows: Bay Window(s)

Local Schools

High School: Schenectady
Elementary School: Paige
School District: Schenectady

Estimate Your Payment

Estimated Payment

$ 1,399.52 per month $723.31 Principal & Interest $581.42 Property Tax $94.79 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: KW Platform
Agency Phone: 1 518-724-5800

Shown By

Agent Name: Melissa J. Wakin Mostert
Agent Phone: (607) 434-7048 Cell
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/10/2026. The listing information on this page last changed on 06/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/10/2026 2:44:37 AM EST) or Global MLS (last updated Wed 06/10/2026 1:22:14 AM EST) or New York State Alliance MLS (last updated Wed 06/10/2026 2:34:49 AM EST) or Hudson Valley Catskill Region MLS (last updated Wed 06/10/2026 12:11:15 AM EST) or OneKey MLS (last updated Wed 06/10/2026 1:45:27 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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