NOT LISTED FOR SALE

1405 State St Schenectady, NY 12304

6 Beds
4 Baths
3,136 Sq Ft
3,485 Sq Ft Lot Lot

About This Home

Fantastic investment opportunity! Investor owned for 20 years and now it is someone else's turn! This well-maintained 4-unit building offers strong positive cash flow in a prime location on the bus line. The property consists of two 1-bedroom apartments and two 2-bedroom apartments, with room to grow to market rents and increase your return. Each spacious unit features large rooms, eat-in kitchens, beautiful woodwork with classic columns and built-ins, hardwood floors, bay windows, and ceramic tile finishes. Tenants pay their own hot water and electric, while the owner provides heat, currently on a NIMO budget plan of just $298/month, keeping expenses predictable and manageable. Gas hot water radiators provide efficient heating. Additional highlights include a roof that is only 3 years old, vinyl siding, and separate utilities. Conveniently located near shopping, dining, and major routes, this property offers both solid income and long-term upside. A turnkey addition to any investor's portfolio with built-in value-add potential!

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/18/2026 04/18/26 Price Changed $325,000 -7.1% $104 / Sq Ft
02/19/2026 02/19/26 For Sale $350,000 -- $112 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,379 $128,400 $11,400 $117,000
2024 $7,379 $128,400 $11,400 $117,000
2023 $73 $128,400 $11,400 $117,000
2022 $7,105 $128,400 $11,400 $117,000
2021 $7,032 $128,400 $11,400 $117,000
2020 $7,020 $128,400 $11,400 $117,000
2019 $4,359 $128,400 $11,400 $117,000
2018 $7,083 $128,400 $11,400 $117,000
2017 $5,578 $128,400 $11,400 $117,000
2016 $7,404 $128,400 $11,400 $117,000
2015 -- $128,400 $11,400 $117,000
2014 -- $128,400 $11,400 $117,000
Source: Public Records

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