4 River Street Schenectady, NY ^$ 750,000

4 River Street

^$ 750,000

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4 River Street

Schenectady, NY, 12305

^$ 750,000

Bedrooms12 Baths6.1 Sq 5,829

Monthly Estimate*

^$ 4,736

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Multi-Family Home for sale in Schenectady, NY

for $750,000 with 12 bedrooms and 6 full baths, 1 half bath. This 5,829 square foot home was built in 1950 on a lot size of 0.18.

Well-Maintained 6-Unit Multifamily Investment Opportunity -- $750,000 Fully rented and turnkey, this 6-unit multifamily property offers a stable, income-producing asset with room to grow. Each unit is separately metered with individual electric heat and its own hot water tank, keeping utility costs cleanly divided between tenants. The property also features ample on-site parking for residents, and is located +/- 250 feet from the ALCO Heritage Trail bike path. Currently generating an approximate 6% cap rate, the property presents a clear path to an estimated 8% cap rate through market-rate rent adjustments -- offering investors meaningful upside in both cash flow and long-term value. A well-maintained, fully occupied property with strong fundamentals and clear growth potential. Pro forma available upon request.

Multi-Family Active

Price

^$ 750,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 15,721

Style

Apartment 4 Plus Unit

Lot Size

0.18

Year Built

1950

Town/City

Schenectady

County/Region

Schenectady

MLS | Web ID

202625284

Features

General

Sewer Public Sewer

Heating Electric

Cooling None

Possession At Closing

Garage Spaces 0.0

Architectural Style Apartment 4 Plus Unit

Construction Materials Brick

Year Built 1950

Tenant Pays Electricity Gas

Property Subtype Multi Family

Waterfront Features Other

County Schenectady

New Construction N

Property Type MultiFamily

HOA N

Full Baths 6

Status Active

Directions Take a left off of Front St.

High School Schenectady

City Schenectady

Body of Water Erie Canal

High School District Schenectady

Number Of Units Total 6

Lot Size Units Acres

Lot Size Square Feet 7840.8

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 15721.98

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=29572&lang=en-US

Standard Status Active

Tax Assessed Value 0

Tax Lot 11.001

Interior

Basement Full Unfinished

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Above Grade Finished Area 5829.0

Half Baths 1

Total Bedrooms 12

Below Grade Finished Area 0.0

Below Grade Finished Area Source CRS

Above Grade Finished Area Source CRS

Total Baths 7

Exterior

Exterior Amenities None

Water Source Public

Lot Size Area 0.18

Spa N

Lot Size Acres 0.18

Waterfront Y/N Y

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 4

* Excluded Features

List By

Craig Clermont

Listing Agent

Carrow Real Estate Services Llc

Broker

(518) 369-2729

Phone

cclermont@carrowrealestate.com

Affordability Calculator

$6,046

Per Month

Monthly Principal & Interest: $4,736
Monthly Property Taxes: $1,310
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Schenectady, NY

Average List Price ^$316,111

Percent of Sale Price 58%

About Schenectady, NY

66,009 Population

7% Since 2002

^$41,120 Median Income

35.65 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853437 Elementary School

853433 Middle School

Schenectady High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/3/2026	$750,000		Listed Price

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4 River Street, Schenectady, NY, 12305 is a Multi-Family Home for sale at $750,000 with 5,829 sqft and a lot size of 0.18. 4 River Street has 12 bedrooms, 6.1 baths, and was built in 1950. The property's zip code is 12305 which is in Schenectady, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 9/5/2026.

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4 River Street

Multi-Family Home for sale in Schenectady, NY

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