4 Homestead Avenue

Schenectady NY 12304

1020 sq. ft.

3920.4 sq. ft.

Duplex

Currently for sale - view listing

Overview

Opportunity and flexibility come together in this legal two-family bungalow, ideal for an owner-occupant, multi-generational living, or an investor building their rental portfolio. The first-floor apartment offers 2 bedrooms and 1 bath, while the second-floor apartment features 1 bedroom and 1 bath. Each unit has its own deck, separate electric meter, and mini-splits for heating and air conditioning. Estimated rents of approximately $1,300/month for the lower unit and $1,000/month for the upper unit, plus taxes and insurance, offer potential for $2,300 a month in income and a 10% cap rate. Live in one and rent the other to help offset your housing costs, rent both, or create a comfortable setup for extended family. A detached one-car garage adds parking and storage. With some personal touches and updates, this property offers an opportunity to make it your own while adding value over time. Conveniently located on a pleasant residential street close to shopping, dining, services, and everyday conveniences.

Features

3 bedrooms

2 bathrooms

5 carspaces

1 garage space

1020 sq. ft. floor area

3920.4 sq. ft. lot size

Duplex

Property history for 4 Homestead Avenue

2022

Sold

$150,000

16 Sep 2022 by Chasity McGivern, of Berkshire Hathaway Blake

Happy sellers in Schenectady

We have insufficient information to provide an overview of customer satisfaction for Schenectady. Viewing the agent profiles, reviews and sales for Schenectady can provide insights for this location.