8-16 Swan Street Schenectady, NY $ 1,575,000
8-16 Swan Street
$ 1,575,000
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8-16 Swan Street

Schenectady, NY, 12307
$ 1,575,000
Bedrooms44 Baths15.0 Sq 16,461

Monthly Estimate*

$ 10,878

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Multi-Family Home for sale in Schenectady, NY

for $1,575,000 with 44 bedrooms and 15 full baths. This 16,461 square foot home was built in 1902 on a lot size of 40.

Pleased to present 8-16 Swan Street, a 15-unit multifamily portfolio spanning three buildings in Schenectady. The property offers established in-place income with meaningful upside through multiple channels, including below-market rents, a largely flexible rent roll, an underutilized coin-operated laundry facility, substantial off-street parking, and a separate storage building. Separate tenant-paid utilities provide a strong operating foundation, while the scale of the portfolio and concentration of additional income opportunities give new ownership several clear paths to grow NOI. Conveniently located near Downtown Schenectady, I-890, Union College, and significant ongoing investment throughout the surrounding area.

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Multi-Family Active

Price

$ 1,575,000

Bedrooms

44

Full Bath

15

Property Type

Multi-Family

Taxes

$ 20,136

Style

Apartment 4 Plus Unit

Lot Size

40

Year Built

1902

Town/City

Schenectady

County/Region

Schenectady

MLS | Web ID

202626865

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Window Unit(s)
Possession At Closing
Roof Rubber Asphalt
Garage Spaces 3.0
Architectural Style Apartment 4 Plus Unit
Construction Materials Block Brick Vinyl Siding
Year Built 1902
Tenant Pays Hot Water Heat Internet Cable TV Electricity Gas
Property Subtype Multi Family
County Schenectady
New Construction N
Property Type MultiFamily
HOA N
Full Baths 15
Status Active
Directions West on Rt.-5 towards Downtown Schenectady right onto Swan.
High School Schenectady
City Schenectady
High School District Schenectady
Number Of Units Total 15
Lot Size Units Acres
Lot Size Square Feet 1742400.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 20136.44
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=31285&lang=en-US
Standard Status Active
Tax Assessed Value 0
Tax Lot 28.000
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Interior
Basement Unfinished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 16461.0
Half Baths 0
Total Bedrooms 44
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 15
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Exterior
Exterior Amenities None
Water Source Public
Total Parking 15.0
Lot Size Area 40.0
Spa N
Lot Size Acres 40.0
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 1 816
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* Excluded Features
List By
Colin Young

Listing Agent

Hamel Real Estate Llc

Broker

(518) 221-6236

Phone

colin@hamelrealestate.com

Email

Affordability Calculator

$12,556
Per Month
87%
13%
0%
Monthly Principal & Interest
$10,878
Monthly Property Taxes
$1,678
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/24/2026$1,575,000 Listed Price

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8-16 Swan Street, Schenectady, NY, 12307 is a Multi-Family Home for sale at $1,575,000 with 16,461 sqft and a lot size of 40. 8-16 Swan Street has 44 bedrooms, 15.0 baths, and was built in 1902. The property's zip code is 12307 which is in Schenectady, NY