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7 Union St 3 Unit Apartment Building $575,000 ($191,667/Unit) Schenectady, NY 12305



Investment Highlights
- Located in the heart of the Historic Stockade District just steps from local shops, restaurants, and the Mohawk River.
Executive Summary
Located in the heart of the Historic Stockade District, this charming four-unit property dates back to 1850 and offers a rare blend of character and investment potential. Featuring classic architectural details, the building showcases the timeless appeal of one of Schenectady's most sought-after neighborhoods. Each unit offers unique charm with period elements, while the property provides strong income potential for investors or an excellent opportunity for an owner-occupant. Ideally situated just steps from local shops, restaurants, and the Mohawk River, this property combines historic charm with modern-day convenience. A rare opportunity to own a piece of history in a prime location.
Property Facts
| Price | $575,000 | Building Class | C |
| Price Per Unit | $191,667 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 4,984 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1850 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | Residential/Multi-Family - Residential/Multi-Family | ||
| Price | $575,000 |
| Price Per Unit | $191,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,984 SF |
| No. Stories | 3 |
| Year Built | 1850 |
| Opportunity Zone |
Yes |
| Zoning | Residential/Multi-Family - Residential/Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 039-063-0001-044-000-0000 | Improvements Assessment | $212,300 |
| Land Assessment | $47,700 | Total Assessment | $260,000 |
Property Taxes
Parcel Number
039-063-0001-044-000-0000
Land Assessment
$47,700
Improvements Assessment
$212,300
Total Assessment
$260,000
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7 Union St
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