Active

225 Nott Terrace

Schenectady NY, 12307

$450,000


$113.12 per sqft

Active

13 Beds

2.5 Baths

3,978 sqft

Multi-family

Built in 1902

Rare investment opportunity - legal boarding house in the city of Schenectady. 13 bedrooms with very low vacancy (some long term tenants), one large common kitchen area, and two shared bathrooms. Each room rental includes a bed, dorm-sized refrigerator, and access to free Wi-Fi. Tremendous cash flow. Owner pays all utilities. Motivated sellers, bring all offers! Owner financing is available with 25% down.

202328355

MLS ID

November 13, 2023

Listed

May 9, 2024

Updated

Map

225 Nott Terrace
Schenectady NY, 12307

Interior Features

Bedrooms

13


Total Bathrooms

2.5


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.1 Acres


Exterior Features

None


Architectual Style

Rooming House, Other


Roof

Shingle


Sewer

Public Sewer

School Information

School District

Schenectady


High School

Schenectady

Other Property Details

Taxes

$10,500


Tax Frequency

Annually


Days on Market

122


Garage

No


View

No


County

Schenectady


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

3/12/2024

Price Change

$450,000

-15%

 

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