38 Broadway

Schenectady NY 12305

Multi-Family

Currently for sale - view listing

Overview

Multi-use building in the heart of downtown Schenectady! First floor is currently being rented to a restaurant. Second floor is completely gutted and has plans drawn up for four luxury apartment units. Plans included in the sale. Upstairs could also be leased out to another commercial tenant. Restaurant has undergone improvements including new flooring, new AC and heating units, new hot water tank, electrical work, and a complete face lift. With the addition of new apartments upstairs, cap rate is 8%. Great cash flow! Don't miss out on this amazing opportunity to own a piece of downtown Schenectady! Agent is owner. The restaurant is for sale separately- asking price $75,000.

Features

2 bathrooms

Multi-Family

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Local market activity for multi families in Schenectady

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Joey Faizy

at Realty ONE Group Key | LATHAM

View listing

Sales:: (619) 566-0008

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