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Turn-key 5-unit investment property located in the desirable Upper Union Street corridor of Schenectady, offered in conjunction with the neighboring 10-unit apartment building to create a 15-unit income-producing portfolio with positive cash flow. This well-maintained building features five updated and modernized apartments, including 2 furnished turn-key units available for immediate rental. Apartments offer attractive layouts with hardwood floors, updated kitchens, ceramic tile baths, and modern finishes, creating desirable living spaces for tenants. Designed with investors in mind, tenants pay their own utilities, keeping operating expenses efficient. The property has also seen important improvements including updated mechanical systems and roof, making it a true turn-key investment. The building includes paved off-street parking and is adjoined by a private parking lot shared with the neighboring property, providing convenient parking for residents. **Sold together with the adjacent 10-unit building**, this offering creates a **15-unit portfolio opportunity in one of Schenectady's most recognizable residential corridors**. These **staple Upper Union Street investment buildings** provide immediate income and long-term portfolio value for investors looking to expand or begin their holdings. Financials available upon request.
| DAYS ON MARKET | 4 | LAST UPDATED | 3/13/2026 |
|---|---|---|---|
| YEAR BUILT | 1984 | COUNTY | Schenectady |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | 000000 |
|---|
| ADDITIONAL DETAILS | |
| BASEMENT | Full, Yes |
|---|---|
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard, Electric, Hot Water, Natural Gas |
| LOT | 3920 sq ft |
| SEWER | Public Sewer |
| STYLE | Apartment |
| TAXES | 6827 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Christine M Serafini, Miranda Real Estate Group Inc
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IDX information is provided exclusively 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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