703 Union Street Schenectady, NY $ 405,000
703 Union Street
$ 405,000
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703 Union Street

Schenectady, NY, 12305
$ 405,000
Bedrooms3 Baths1.2 Sq 2,578

Monthly Estimate*

$ 2,494

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Multi-Family Home for sale in Schenectady, NY

for $405,000 with 3 bedrooms and 1 full bath, 2 half baths. This 2,578 square foot home was built in 1900 on a lot size of 0.09.

Welcome to 703 Union Street, a mixed use property offering both a successful restaurant on the first floor and a fully updated apartment above. The ground level is home to Termeh Persian Restaurant, a well known local favorite with over 60 five star reviews and a strong repeat customer base. The restaurant is fully equipped, with all kitchen appliances, hood system, and ventilation up to code, making this a true turn key opportunity for a new owner. The second floor apartment offers three bedrooms, one full bath, and a large family room with views of Union Street. It is perfect for an owner occupant or as an additional rental unit for extra income. Both the building and the business are included in the sale, making this a great fit whether you are an investor or someone looking to operate their own restaurant in a proven location. Additional features include off street parking, handicap accessible entry, and excellent street visibility. This section of Union Street continues to see steady development and growth, and the property is located just minutes from Union College, adding to its long term value and demand. A rare chance to own a true turn key mixed use property with both residential and commercial income.

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Multi-Family Active

Price

$ 405,000

Bedrooms

3

Full Bath

1

Half Bath

2

Property Type

Multi-Family

Taxes

$ 5,467

Style

Lot Size

0.09

Year Built

1900

Town/City

Schenectady

County/Region

Schenectady

MLS | Web ID

202614157

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession At Closing
Zoning Commercial
Garage Spaces 0.0
Architectural Style Other
Construction Materials Other Vinyl Siding
Year Built 1900
Electric 200+ Amp Service
Property Subtype Duplex
Accessibility Other Accessible Approach with Ramp Accessible Doors Accessible Full Bath Accessible Hallway(s) Customized Wheelchair Accessible
County Schenectady
New Construction N
Property Type MultiFamily
HOA N
Full Baths 1
Status Active
Directions One block west of Union College just before the corner of Lafayette/Park (same side as Union College).
High School Schenectady
City Schenectady
High School District Schenectady
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 3920.4
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5467.0
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
Virtual Tour https://app.doaudiotours.com/unbranded?id=18950&lang=en-US
Structure Type Townhouse
Standard Status Active
Tax Assessed Value 0
Tax Lot 23.000
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Interior
Basement Full
Flooring Hardwood Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 2578.0
Half Baths 2
Total Bedrooms 3
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 3
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Exterior
Exterior Amenities Other
Water Source Public
Total Parking 6.0
Lot Size Area 0.09
Spa N
Lot Size Acres 0.09
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 703
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* Excluded Features
List By
Pavel Karakalchu

Listing Agent

Gucciardo Real Estate Llc

Broker

(518) 728-6305

Phone

Karakalchup@gmail.com

Email

Affordability Calculator

$2,949
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,494
Monthly Property Taxes
$456
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
3/31/2026$405,000 Listed Price

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703 Union Street, Schenectady, NY, 12305 is a Multi-Family Home for sale at $405,000 with 2,578 sqft and a lot size of 0.09. 703 Union Street has 3 bedrooms, 1.2 baths, and was built in 1900. The property's zip code is 12305 which is in Schenectady, NY