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- LoopNet Team
947-949 Maple Ave
Schenectady, NY 12307
Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 13,216 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1980 |
| Building Class | C | Parking Ratio | 1.21/1,000 SF |
| Zoning | Multifamily | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 13,216 SF |
| No. Stories | 3 |
| Year Built | 1980 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | Multifamily |
AMENITIES
UNIT AMENITIES
- Carpet
ABOUT 947-949 MAPLE AVE , SCHENECTADY, NY 12307
Great investment opportunity. 2-12 unit multifamily buildings with studio, 1, and 2 bedroom apartments. NOI is approximately $119,000 annually. 18% cap rate. Combined both buildings have 10 garage spots and 6 parking spots. Roof on 947 is 2 years old and roof on 949 is 4 years old. Actual age of buildings is unknown, listed age is an estimate, the building has been renovated since the current owner purchased it. A few Residents have been living there for over 30 years and are paying low rent. Owner pays utilities for most units. lots for sale are 49.34-2-34 and 49.34-2-35.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $525.00 | - |
| 1+1 | 14 | $625.00 | - |
| 2+1 | 6 | $675.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $351,400 | |
| Land Assessment | $38,000 | Total Assessment | $389,400 |
PROPERTY TAXES
