Seller's Agent in 2026
Katherine King
Julie & Co Realty LLC
(518) 524-9550
1 in this area
48 Total Sales
1235 1st Ave Schenectady, NY 12303
Mont Pleasant Neighborhood
10
Beds
4
Baths
3,528
Sq Ft
7,841
Sq Ft Lot Lot
Highlights
- Traditional Architecture
- Full Attic
- Solid Surface Countertops
- Finished Attic
- Corner Lot
- 3-minute walk to Orchard Park
About This Home
As of April 20261235 First Ave, Schenectady, NY - Two Income-Producing Homes + Four Garages + Vacant Lot
Outstanding investment opportunity offering multiple income streams on one parcel, with an adjacent vacant lot (Tax ID 421500 49.38-2-10) included in the sale.
The front structure is a traditional-style building with three levels of living space, providing flexible rental configurations. A detached 1.5-story cottage at the rear of the property includes 2 bedrooms and 1 bath, ideal for an additional rental unit or long-term tenant.
The property also includes four garages that can generate supplemental rental income. All utilities are individually metered, minimizing owner expenses. Shared basement laundry area offers two washers and two dryers for tenant use.
The owner currently covers water, sewer, grounds maintenance, and trash removal. With separate meters and steady rental demand in the area, this property is positioned for a potential return of 10% or higher.
Investment Highlights:
•Two detached income-producing dwellings on one lot
•Four garages for additional rent potential
•Separate gas/electric meters for each unit
•Shared laundry (2 washers / 2 dryers)
•Owner pays water, sewer, trash, and grounds
•Includes adjacent vacant lot (Tax ID 421500 49.38-2-10)
•Strong rental market and consistent occupancy area
•Estimated RoR: 10%+ potential
Rare to find this combination of multiple structures, parking, and an extra parcel—all in a convenient Schenectady location close to major routes, shopping, and employment centers.
Last Agent to Sell the Property
Julie & Co Realty LLC License #10301215828 Listed on: 10/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,618
Year Built
- Built in 1901
Lot Details
- 7,841 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- 4 Car Detached Garage
- Open Parking
- Off-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Stone Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,528 Sq Ft Home
- 3-Story Property
- Solid Surface Countertops
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- Bathroom on Main Level
- 4 Full Bathrooms
Attic
- Full Attic
- Walkup Attic
- Finished Attic
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Front Porch
Schools
- Schenectady High School
Utilities
- No Cooling
- Baseboard Heating
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include sewer
Listing and Financial Details
- Tenant pays for internet, cable TV, electricity, heat, hot water
- The owner pays for snow removal, grounds care, trash collection, water
- Legal Lot and Block 11.000 / 2
- Assessor Parcel Number 421500 49.38-2-11
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2026 04/03/26 | Sold | $292,500 | -8.3% | $83 / Sq Ft |
| 11/16/2025 11/16/25 | Pending | -- | -- | -- |
| 10/25/2025 10/25/25 | For Sale | $319,000 | -- | $90 / Sq Ft |
Source: Global MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,416 | $123,400 | $18,500 | $104,900 |
| 2024 | $8,416 | $123,400 | $18,500 | $104,900 |
| 2023 | $81 | $123,400 | $18,500 | $104,900 |
| 2022 | $7,757 | $123,400 | $18,500 | $104,900 |
| 2021 | $7,670 | $123,400 | $18,500 | $104,900 |
| 2020 | $7,500 | $123,400 | $18,500 | $104,900 |
| 2019 | $7,537 | $123,400 | $18,500 | $104,900 |
| 2018 | $7,537 | $123,400 | $18,500 | $104,900 |
| 2017 | $7,549 | $123,400 | $18,500 | $104,900 |
| 2016 | $7,653 | $123,400 | $18,500 | $104,900 |
| 2015 | -- | $123,400 | $18,500 | $104,900 |
| 2014 | -- | $123,400 | $18,500 | $104,900 |
Source: Public Records
Agents Affiliated with this Home
-
Katherine King
-
Jeanine Vollaro
Buyer's Agent in 2026
Jeanine Vollaro
Howard Hanna Capital Inc
(518) 370-2100
3 in this area
60 Total Sales
Map
Source: Global MLS
MLS Number: 202528474
APN: 421500 49.38-2-11
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.
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Information is deemed reliable but not guaranteed.
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