PENDING
$15K PRICE DROP
227 Elm St Schenectady, NY 12304
Estimated payment $1,888/month
Total Views
56,583
4
Beds
2
Baths
2,375
Sq Ft
$101
Price per Sq Ft
Highlights
- Traditional Architecture
- Laundry Room
- Tile Flooring
- No HOA
- Bathroom on Main Level
- 1-Story Property
About This Home
Turnkey two-unit investment opportunity in Schenectady's Central State Street neighborhood! This duplex offers nearly 2,400 sq ft of livable space with income potential for both new and seasoned investors — or the perfect setup for an owner-occupant looking to offset their mortgage with rental income. Each unit features 2 bedrooms and 1 full bath, a spacious living room ideal for comfortable everyday living, an eat-in kitchen with ample cabinet space, and a dedicated laundry room area for added convenience. The functional layouts make these units attractive to long-term tenants while remaining easy to manage. Additional highlights include off-street parking for two vehicles and a decent-sized backyard offering outdoor space for relaxation or tenant enjoyment — a valuable amenity in this market. The property was recently inspected with no major defects identified, providing added confidence and peace of mind. Whether you're looking to expand your portfolio, create a solid cash-flowing asset, or begin building equity through owner occupancy, this property presents flexibility and long-term upside in a steadily improving rental market. A smart addition to any portfolio — or a strategic first step into real estate investing.
Co-Listing Agent
Your Home Team at Hunt Real Estate ERA
Hunt ERA
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,494
Year Built
- Built in 1994
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 32x144
- Level Lot
- Cleared Lot
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
- Asphalt
Interior Spaces
- 2,375 Sq Ft Home
- 1-Story Property
- Paddle Fans
- Laundry Room
Flooring
- Carpet
- Linoleum
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Schools
- Schenectady High School
Utilities
- No Cooling
- Baseboard Heating
- High Speed Internet
Community Details
- No Home Owners Association
- Association fees include sewer
Listing and Financial Details
- The owner pays for water
- Legal Lot and Block 29.000 / 2
- Assessor Parcel Number 421500 49.52-2-29
Map
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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 | $7,338 | $134,900 | $20,200 | $114,700 |
| 2024 | $7,338 | $134,900 | $20,200 | $114,700 |
| 2023 | $71 | $134,900 | $20,200 | $114,700 |
| 2022 | $6,974 | $134,900 | $20,200 | $114,700 |
| 2021 | $6,930 | $134,900 | $20,200 | $114,700 |
| 2020 | $6,814 | $134,900 | $20,200 | $114,700 |
| 2019 | $4,019 | $134,900 | $20,200 | $114,700 |
| 2018 | $6,881 | $134,900 | $20,200 | $114,700 |
| 2017 | $6,308 | $134,900 | $20,200 | $114,700 |
| 2016 | $7,067 | $134,900 | $20,200 | $114,700 |
| 2015 | -- | $134,900 | $20,200 | $114,700 |
| 2014 | -- | $134,900 | $20,200 | $114,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | Pending | -- | -- | -- |
| 03/18/2026 03/18/26 | Price Changed | $239,900 | -5.9% | $101 / Sq Ft |
| 03/02/2026 03/02/26 | For Sale | $254,900 | 0.0% | $107 / Sq Ft |
| 02/25/2026 02/25/26 | Pending | -- | -- | -- |
| 02/14/2026 02/14/26 | For Sale | $254,900 | -- | $107 / Sq Ft |
Source: Global MLS
About the Listing Agent
“Welcome home!” As a realtor, there is no better greeting. In fact, that’s what my team and I are all about - finding you that special place called “home” - a place where you can grow your family, entertain your friends, find peace and serenity. Whatever your personal definition of a home, from “hub” to “oasis”, we’ll help you find it. Because your home is one of the largest investments you will make in your lifetime, you need a true partner in your team of realtors, working with you and for
Lorenzo's Other Listings
Source: Global MLS
MLS Number: 202612021
APN: 049-052-0002-029-000-0000
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