PRICE REDUCTION: Fully occupied 6-unit apartment building offered at a 10% cap rate based on as-is income and expenses. 5 1BR's, one studio, and 3 garage bays. $125/mo upside to rent if owner's garage bay is leased to new tenant. 3 units recently renovated and upside to the rents. Tenants pay ALL utilities. 6 parking spaces onsite. New shingle roof (2011), updated electric and new hot water tanks (2011).

Exterior Features Drive-PavedPorchStorm Door(S)Storm Windows Exterior Type VinylWood Garage Description Detached Lot Description Irregular Lot Size 9800 SF Off Street Parking Spaces 3 Roof Asphalt Shingle Style Apartment 4+ Units

Abv Grnd Sq Ft Source Estimated Air Conditioners 0 Attic None Basement SlabUnfinishedBilco Doors Below Ground Sq Ft 1000 Cooling Type Window A/C Unit Dishwashers 0 Dryers 0 Flooring Carpet-Wall/WallHardwoodLaminateVinyl Handicap Access No Heat Fuel Electricity Heat System Baseboard Refrigerators 6 Stoves 6 Unit Five Beds 0 Unit Five Full Baths 1 Unit Five Partial Baths 0 Unit Five Rooms 3 Unit Four Beds 1 Unit Four Full Baths 1 Unit Four Partial Baths 0 Unit Four Rooms 4 Unit One Beds 1 Unit One Full Baths 1 Unit One Partial Baths 0 Unit One Rooms 4 Unit Six Beds 1 Unit Six Full Baths 1 Unit Six Partial Baths 0 Unit Six Rooms 4 Unit Three Beds 1 Unit Three Full Baths 1 Unit Three Partial Baths 0 Unit Three Rooms 4 Unit Two Beds 1 Unit Two Full Baths 1 Unit Two Partial Baths 0 Unit Two Rooms 4 Washers 0

City Town Taxing Entity Schenectady Other Income $250/Mo Other Income Description Actual Rental Income 41940 Rental Income Description A Sewer Public Special Market Conditions No Special Conditions Survey No Total Income Description Actual Total Taxes 8160 Total Taxes Description Estimated Unit Five Location 1st Flr Unit Five Monthly Rent 520 Unit Five Occupancy Leased Unit Five Rent Desc Actual Unit Four Location 1st Flr Unit Four Monthly Rent 575 Unit Four Occupancy Leased Unit Four Rent Desc Actual Unit One Location 1st Flr Unit One Monthly Rent 600 Unit One Occupancy Leased Unit One Owner Furnishes SewerWater & SewerTrash RemovalLawn CareSnow RemovalParkingPlowing Unit One Rent Desc Actual Unit Owner Furnishes Water &Amp; SewerTrash RemovalLawn CareSnow RemovalParkingPlowing Unit Six Location 2nd Flr Unit Six Monthly Rent 600 Unit Six Occupancy Leased Unit Six Rent Desc Actual Unit Three Location 2nd Flr Unit Three Monthly Rent 600 Unit Three Occupancy Leased Unit Three Rent Desc Actual Unit Two Location 1st Flr Unit Two Monthly Rent 600 Unit Two Occupancy Leased Unit Two Rent Desc Actual Water Public

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Date	Days Ago	Event	New Price
Oct 19, 2020	98 days ago	Price Reduced : $-10,000 (-3.71%)	$259,900
Feb 17, 2020	343 days ago	New on market	$269,900

1659 Broadway

Description

School Ratings & Info

Description

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1659 Broadway Schenectady, NY 12306

Property Description

Exterior Features	Drive-Paved Porch Storm Door(S) Storm Windows
Exterior Type	Vinyl Wood
Garage Description	Detached
Lot Description	Irregular
Lot Size	9800 SF
Off Street Parking Spaces	3
Roof	Asphalt Shingle
Style	Apartment 4+ Units

Abv Grnd Sq Ft Source	Estimated
Air Conditioners	0
Attic	None
Basement	Slab Unfinished Bilco Doors
Below Ground Sq Ft	1000
Cooling Type	Window A/C Unit
Dishwashers	0
Dryers	0
Flooring	Carpet-Wall/Wall Hardwood Laminate Vinyl
Handicap Access	No
Heat Fuel	Electricity
Heat System	Baseboard
Refrigerators	6
Stoves	6
Unit Five Beds	0
Unit Five Full Baths	1
Unit Five Partial Baths	0
Unit Five Rooms	3
Unit Four Beds	1
Unit Four Full Baths	1
Unit Four Partial Baths	0
Unit Four Rooms	4
Unit One Beds	1
Unit One Full Baths	1
Unit One Partial Baths	0
Unit One Rooms	4
Unit Six Beds	1
Unit Six Full Baths	1
Unit Six Partial Baths	0
Unit Six Rooms	4
Unit Three Beds	1
Unit Three Full Baths	1
Unit Three Partial Baths	0
Unit Three Rooms	4
Unit Two Beds	1
Unit Two Full Baths	1
Unit Two Partial Baths	0
Unit Two Rooms	4
Washers	0

City Town Taxing Entity	Schenectady
Other Income	$250/Mo
Other Income Description	Actual
Rental Income	41940
Rental Income Description	A
Sewer	Public
Special Market Conditions	No Special Conditions
Survey	No
Total Income Description	Actual
Total Taxes	8160
Total Taxes Description	Estimated
Unit Five Location	1st Flr
Unit Five Monthly Rent	520
Unit Five Occupancy	Leased
Unit Five Rent Desc	Actual
Unit Four Location	1st Flr
Unit Four Monthly Rent	575
Unit Four Occupancy	Leased
Unit Four Rent Desc	Actual
Unit One Location	1st Flr
Unit One Monthly Rent	600
Unit One Occupancy	Leased
Unit One Owner Furnishes	Sewer Water & Sewer Trash Removal Lawn Care Snow Removal Parking Plowing
Unit One Rent Desc	Actual
Unit Owner Furnishes	Water &Amp; Sewer Trash Removal Lawn Care Snow Removal Parking Plowing
Unit Six Location	2nd Flr
Unit Six Monthly Rent	600
Unit Six Occupancy	Leased
Unit Six Rent Desc	Actual
Unit Three Location	2nd Flr
Unit Three Monthly Rent	600
Unit Three Occupancy	Leased
Unit Three Rent Desc	Actual
Unit Two Location	1st Flr
Unit Two Monthly Rent	600
Unit Two Occupancy	Leased
Unit Two Rent Desc	Actual
Water	Public