NOT LISTED FOR SALE

1029 University Place Schenectady, NY 12308

6 Beds
4 Baths
2,942 Sq Ft
4,792 Sq Ft Lot

Last Sold February 01, 2023

Last sale price $240,000 $82 Per Sq Ft

24 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding
  • Bathroom on Main Level
  • Baseboard Heating

About This Home

As of February 2023

Here's the investment opportunity you've been waiting for! Four unit building walking distance to Union college and downtown Schenectady with value add potential. One unit has been remodeled while the other three are occupied and could be rehabbed to maximize rents. Off st parking and driveway as well as separate utilities. Exterior freshly painted. Rents in occupied units well under market rate. Great cash flow potential! Don't wait!

Last Agent to Sell the Property

Sam Thompson

Thompson Real Estate Team License #10491208504 Listed on: 11/07/2022

Last Buyer's Agent

Ryan Sager

Weichert, Realtors - Tri-City Properties License #10401331059

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,719

Year Built

  • Built in 1945

Lot Details

  • 4,792

Home Design

  • Quadruplex
  • Wood Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Schools

  • Schenectady High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Baseboard Heater

Additional Features

  • 2-Story Property
  • 4,792 Sq Ft Lot
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 28.000 / 1
  • Assessor Parcel Number 421500 39.74-1-28

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,719

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
  • Year Built: 1945
  • Directions: GPS
  • Lot Size Acres: 0.11
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Sale Detail Buyer Zip Code: 12207
  • Sale Detail Seller Contribution: No
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None37: Yes

Garage/Parking

  • Parking Features: Off Street, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 421500 39.74-1-28
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7718.52
  • Tax Block: 1
  • Tax Lot: 28.000
  • Tax Tract: 39.74

MLS Schools

  • HighSchool: Schenectady

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $240,000 -4.0% $82 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $249,900 -- $85 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sam Thompson

    Thompson Real Estate Team

    (518) 346-0888

    94 Total Sales

    Sam Thompson
    Section Image

  • R

    Buyer's Agent in 2023

    Ryan Sager

    Weichert, Realtors - Tri-City Properties

    (518) 965-7735

    4 Total Sales

    Ryan Sager
    Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202229689

Global MLS
New York Schenectady County Schenectady 12308

1029 University Place, Schenectady, NY

This home is located at 1029 University Place, Schenectady, NY 12308 since 07 November 2022. This property was built in 1945. 1029 University Place is a home located in Schenectady County with nearby schools including Jessie T Zoller School, Oneida Middle School, and Schenectady High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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