$298,000
PENDING

1261 The Plaza Schenectady, NY 12308

Estimated payment $2,200/month

Total Views 2,584
6 Beds
3 Baths
2,736 Sq Ft
$109 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Corner Lot
  • Built-In Features
  • Wood Flooring
  • No HOA
  • Tandem Parking

About This Home

Opportunity just outside of Schenectady's GE Plot w/this 3 FAMILY! Whether you're looking to live for less or expand your investment portfolio this checks every box!

The beautifully renovated second-floor unit is ready for an owner-occupant or a premium new tenant, while the first floor is already occupied by an incredibly loyal, long-term tenant (25+ years!) on month-to-month lease- offering flexibility & immediate income.

Charm & character shine throughout this classic 3-family w/hardwood floors, character & prime location close to Union College, Downtown & the excitement of Upper Union. Updated mechanicals, newer roof, solid maintenance history mean you can move in, rent out & start building wealth!

Buyers backed out with cold feet before Attorney Approval!

Listing Agent

Victoria McLaughlin

Howard Hanna Capital Inc License #10401358419 Listed on: 06/11/2025

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,926

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 51x87
  • Corner Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Cedar Siding
  • Asphalt

Interior Spaces

  • 2,736 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Schools

  • Jessie T. Zoller Elementary School
  • Schenectady High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Steam
  • 150 Amp Service

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 6.000 / 1
  • Assessor Parcel Number 40.69-1-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,926

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1920
  • Directions: On the corner of Center Alley and The Plaza! Big gray house with white trim!
  • Above Grade Finished Sq Ft: 2736.0
  • Architectural Style: Traditional
  • Lot Size Acres: 0.1
  • Lot Size: 51X87
  • Parking Features Parking Total: 6.0
  • Sale Detail Buyer Zip Code: 12309
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:In Basement: Yes
  • Architectural Style:Traditional: Yes
  • Levels Three Or More: Yes
  • Levels Tri-Level: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement: Full, Unfinished
  • Interior Amenities: Built-in Features
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 2736.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Fireplace: No
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Interior Features:Built-in Features: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Cedar
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Cedar: Yes
  • Exterior Features:None37: Yes

Garage/Parking

  • Parking Features: Off Street, Tandem, Paved, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Tandem: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 150 Amp Service
  • Heating: Hot Water, Steam
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Corner Lot
  • Parcel #: 40.69-1-6
  • Lot Size Sq Ft: 4356.0

Tax Info

  • Tax Annual Amount: 6926.1
  • Tax Block: 1
  • Tax Lot: 6.000
  • Tax Tract: 40.69

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Jessie T. Zoller
  • HighSchool: Schenectady

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $6,926 $109,800 $16,500 $93,300
2023 $6,926 $109,800 $16,500 $93,300
2022 $6,681 $109,800 $16,500 $93,300
2021 $6,623 $109,800 $16,500 $93,300
2020 $6,545 $109,800 $16,500 $93,300
2019 $4,270 $109,800 $16,500 $93,300
2018 $6,599 $109,800 $16,500 $93,300
2017 $5,442 $109,800 $16,500 $93,300
2016 $6,677 $109,800 $16,500 $93,300
2015 -- $109,800 $16,500 $93,300
2014 -- $109,800 $16,500 $93,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $298,000 0.0% $109 / Sq Ft
06/07/2025 06/07/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $298,000 -- $109 / Sq Ft
Source: Global MLS

Purchase History

Date Type Sale Price Title Company
Deed $80,000 --
Source: Public Records

Similar Homes in Schenectady, NY

  • 1320 4th Ave, Schenectady, NY 12303

    $244,999

    • 4 Beds
    • 2 Baths
    • 1,564 Sq Ft
    • 1320 4th Ave
    • Schenectady, NY

    Great opportunity to own this two-family house in the heart of Schenectady. Updates everywhere including a new roof and siding on the outside. The first floor 2 bedroom has new floors throughout, new kitchen and bath, laundry room and a back deck overlooking a yard with tons of potential. The second floor with updates in the kitchen, hardwood floors, and a nice front deck overlooking outside.

    Stephen McCormick Empire Real Estate Managment LLC

    Section Image
  • 1165 Glenwood Blvd, Schenectady, NY 12308

    $285,000

    • 6 Beds
    • 2 Baths
    • 2,508 Sq Ft
    • 1165 Glenwood Blvd
    • Schenectady, NY

    Don't miss your chance to own a versatile, income-generating property in a prime location! This well-maintained, large 2-family home in Schenectady, offers the perfect blend of charm and convenience. Each unit features beautiful hardwood floors, 3 beds & 1 baths w/ spacious layouts, and classic architectural details. Large walk-up attic has a ton of potential! Enjoy off-street parking and a

    Ryan Clark Berkshire Hathaway Home Services Blake

    Section Image
  • 1491 Rugby Rd, Schenectady, NY 12308

    $279,900

    • 5 Beds
    • 2 Baths
    • 2,472 Sq Ft
    • 1491 Rugby Rd
    • Schenectady, NY

    Fantastic investment opportunity! This fully rented 2-family home in Schenectady offers separate utilities paid by tenants and a rare 3-car garage. The first-floor unit features 3 bedrooms, 1 full bath, a spacious living room, and a dining room. The second-floor unit includes 2 bedrooms plus a den, 1 full bath, a living room, and a dining room. Both units have front and rear porches for added

    Christine Serafini Miranda Real Estate Group Inc

    Section Image
  • 1503 Rugby Rd, Schenectady, NY 12308

    $315,000

    • 6 Beds
    • 2 Baths
    • 2,782 Sq Ft
    • 1503 Rugby Rd
    • Schenectady, NY

    Two family home centrally located in Schenectady near public transportation, Ellis Hospital, Rivers Casino, Market 32 Grocery Store plus many more restaurants and shopping. This property is a great investment opportunity or owner occupy with rental income. There is plenty of parking and a 2 car detached garage. Boasting a wrap around porch, full walk-up attic and full unfinished basement. Each

    Michael Dufek Dufek Real Estate Group, LLC

    Section Image
  • 1054 Park Ave, Schenectady, NY 12308

    $260,000

    • 6 Beds
    • 2 Baths
    • 3,008 Sq Ft
    • 1054 Park Ave
    • Schenectady, NY

    Spacious 2-family in Union College corridor of Schenectady with positive cash flow. This property features two large 3-bedroom, 1-bath units with separate utilities, perfect for investors or owner-occupants. The roof is less than 3 years old, and the home offers off-street parking, along with front and rear porches for outdoor enjoyment. This property is priced to sell and being offered as-is,

    Christine Serafini Miranda Real Estate Group Inc

    Section Image
  • 1046 Park Ave, Schenectady, NY 12308

    $285,000

    • 6 Beds
    • 3 Baths
    • 2,960 Sq Ft
    • 1046 Park Ave
    • Schenectady, NY

    Well maintained 3 family with a 4 car garage in the rear. Interior features include built in cabinets and hardwood floors. Huge attic area. All separate utilities. Roof in excellent condition. This is a turn key investment in the desired Union College area. Walk to Union College and Ellis Hospital

    Nicholas Barber Barber Nicholas C

    Section Image
  • 16 Paulding St, Schenectady, NY 12308

    $240,000

    • 6 Beds
    • 2 Baths
    • 2,078 Sq Ft
    • 16 Paulding St
    • Schenectady, NY

    This two-unit building located on a dead-end street offers excellent income potential with 3 bedrooms/1 bath on first floor and 3bedrooms/ 1 bath on second level. Unit 1 is generating $1,400 monthly and unit 2 is move in ready.Located just minutes from Union College and public transportation access at the end of the street. Full walk-up attic and full basement for plenty of storage. Whether

    Shania Holt Hunt ERA

    Section Image
  • 1318 Poplar St, Schenectady, NY 12308

    $299,000

    • 6 Beds
    • 2 Baths
    • 2,408 Sq Ft
    • 1318 Poplar St
    • Schenectady, NY

    Great Owner Occupant or Investment Opportunity!! This 2-family home renovated 2 years ago and offers 3 beds and 1 bath each unit, stainless steel appliances, a ceramic tile bathroom in the downstairs unit, and hardwood floors throughout. Includes front and back porches and a private off-street parking with a two-car garage. Located on a very quiet street, close to shopping and dining. Live in one

    Kayoko Lomanto Howard Hanna

    Section Image
  • 1687 Avenue A, Schenectady, NY 12308

    $375,000

    • 7 Beds
    • 3 Baths
    • 3,348 Sq Ft
    • 1687 Avenue A
    • Schenectady, NY

    Beautiful 2 family, fully remodeled in 2021 and move-in ready! Over 3300 sqft of living space on a corner lot in a peaceful neighborhood. Detached garage with off-street parking, fenced in back yard with hardscaped patio. House has 2 meters with central heat and a/c, updated kitchens and bathrooms on each floor. Don't miss out on the nicest house on the block!Listing agent is owner.

    Brendan Nally Sterling Real Estate Group

    Section Image

Source: Global MLS

MLS Number: 202517655

Global MLS

APN: 040-069-0001-006-000-0000