227-229 Elm Street Schenectady, NY $ 254,900
227-229 Elm Street
$ 254,900
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227-229 Elm Street

Schenectady, NY, 12304
$ 254,900
Bedrooms4 Baths2.0 Sq 2,375

Monthly Estimate*

$ 1,569

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Multi-Family Home for sale in Schenectady, NY

for $254,900 with 4 bedrooms and 2 full baths. This 2,375 square foot home was built in 1994 on a lot size of 0.11.

Turnkey two-unit investment opportunity in Schenectady's Central State Street neighborhood! This duplex offers nearly 2,400 sq ft of livable space with income potential for both new and seasoned investors — or the perfect setup for an owner-occupant looking to offset their mortgage with rental income. Each unit features 2 bedrooms and 1 full bath, a spacious living room ideal for comfortable everyday living, an eat-in kitchen with ample cabinet space, and a dedicated laundry room area for added convenience. The functional layouts make these units attractive to long-term tenants while remaining easy to manage. Additional highlights include off-street parking for two vehicles and a decent-sized backyard offering outdoor space for relaxation or tenant enjoyment — a valuable amenity in this market. The property was recently inspected with no major defects identified, providing added confidence and peace of mind. Whether you're looking to expand your portfolio, create a solid cash-flowing asset, or begin building equity through owner occupancy, this property presents flexibility and long-term upside in a steadily improving rental market. A smart addition to any portfolio — or a strategic first step into real estate investing.

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Multi-Family Active

Price

$ 254,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,494

Style

Traditional

Lot Size

0.11

Year Built

1994

Town/City

Schenectady

County/Region

Schenectady

MLS | Web ID

202612021

Features
Interior
Interior Amenities Paddle Fan High Speed Internet
Basement Slab None
Flooring Tile Carpet Linoleum
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 2375.0
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 4
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 2
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General
Sewer Public Sewer
Heating Baseboard Natural Gas
Cooling None
Possession At Closing
Roof Asphalt
Zoning Multi Residence
Garage Spaces 0.0
Architectural Style Traditional
Construction Materials Brick Vinyl Siding
Year Built 1994
Electric Circuit Breakers
Tenant Pays Internet Cable TV Electricity Gas
Property Subtype Duplex
County Schenectady
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Other Structures None
Full Baths 2
Status Active
Directions State St to Elm St
High School Schenectady
City Schenectady
High School District Schenectady
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4791.6
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7494.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Tax Lot 29.000
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Exterior
Exterior Amenities None
Fencing None
Parking Features Off Street Paved Driveway
Lot Features Level Sloped Cleared
Water Source Public
Total Parking 2.0
Lot Size Area 0.11
Foundation Details Slab
Spa N
Lot Dimensions 32x144
Lot Size Acres 0.11
Waterfront Y/N N
Other Equipment None
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 227229
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* Excluded Features
List By
Lorenzo Murray

Listing Agent

Hunt Era

Broker

(617) 212-7290

Phone

lorenzo.murray@huntrealestate.com

Email

Affordability Calculator

$2,194
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,569
Monthly Property Taxes
$625
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853437 Elementary School
853433 Middle School
Schenectady High School High School
Pricing History
DatePricePrice ChangeDescription
2/14/2026$254,900 Listed Price

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227-229 Elm Street, Schenectady, NY, 12304 is a Multi-Family Home for sale at $254,900 with 2,375 sqft and a lot size of 0.11. 227-229 Elm Street has 4 bedrooms, 2.0 baths, and was built in 1994. The property's zip code is 12304 which is in Schenectady, NY