2003 Hamburg St

Schenectady, NY 12304
  • $299,999

    Price
  • 6

    Bed
  • 4

    Bath
  • 3,024

    SqFt
  • 0.18

    Acre

About the Listing o307A - 31511

Excellent investment opportunity in the Mohonasen School District! This triplex offers three income-producing units plus a separate additional building, a and major recent improvements. The spacious first-floor apartment features 4 bedrooms and 1.5 baths and currently rents for $1,800/month. The second floor consists of two 1-bedroom, 1-bath apartments currently renting for $750 and $850/month, respectively, for a total current gross rental income of $3,400/month. Adding even more versatility is a separate building formerly used as a jewelry shop and currently utilized as a workshop--offering excellent potential for storage, workspace, or other permitted uses. The property also features a large fenced-in backyard, brand-new septic system, brand-new roof, and public water. With strong existing rental income and the potential for a double-digit cap rate depending on purchase price and operating expenses, 2003 Hamburg Street presents an exciting opportunity for investors looking to add a unique multi-unit property to their portfolio. Convenient Schenectady-area location within the Mohonasen School District. Don't miss this opportunity!

Listing Highlights for 2003 Hamburg St

Status Active
Days on Site 22
Property Type Multi-Family
MLS ® 202626557
Year Built 1960
Total Square Footage 3,024
Lot/Acreage 0.18
County Schenectady
School District Mohonasen

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full / 1 Half
  • Appliances: Satellite Dish
  • Air Cond: Window Unit(s)
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor: Vinyl,Wood,Carpet,Ceramic Tile
  • Above Ground Sq Ft: 3024
  • Basement: Slab,Unfinished
  • Other: High Speed Internet
  • Water: Public

Exterior Details

  • Lot Description: Private,Cleared,Corner Lot
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Roof: Shingle,Asphalt
  • Others:
  • Sewer: Septic Tank
  • Parking Features: Paved

Financial Details

  • Tax Amount: $4,988
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 422800 59.7-9-12
  • Tax Year: N/A

Payment Calculator

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Listing Location

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2003 Hamburg St Schenectady, NY 12304

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Originating MLS: Global MLS

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