NOT LISTED FOR SALE

501 Mcclellan St Schenectady, NY 12304

8 Beds
7 Baths
4,506 Sq Ft
4,792 Sq Ft Lot

Last Sold March 03, 2022

Last sale price $320,000 $71 Per Sq Ft

1 Day on Market

Highlights

  • Senior Community
  • No HOA
  • Carpet
  • Corner Lot
  • Baseboard Heating

About This Home

As of March 2022

RARE... 7 UNIT INVESTMENT PROPERTY LOCATED ACROSS FROM THE HOSPITAL. LESS THAN 8 MULTI FAMILY PROPERTIES ENTERED THE MARKET IN LAST 6 MONTHS IN SCHENECTADY. This property generates excellent rental income and has been a solid investment for the current owners. It has been completely renovated years back and the units are in good shape. This property is always rented, easy to property manage and offers separate utilities, and within the last 12 years newer bathrooms, kitchens, windows, siding, and roof. All this located on a on a bus line in a convenient location. Easily one of the highest quality investment properties to enter the market in this area in a long time makes this a great investment. Tenants need at least 24 hour notice for showings. Shouldn't last long on the market... Very Good Condition

Last Agent to Sell the Property

Steven Sbardella

518 Realty.Com Inc License #10311202174 Listed on: 10/29/2021

Last Buyer's Agent

Keith Wells

Simon's Rock Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,093

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 47x103
  • Corner Lot
  • Cleared Lot

Home Design

  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 4,506 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Open Parking
  • Off-Street Parking

Schools

  • Lincoln Elementary School
  • Schenectady High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • Senior Community
  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Tenant pays for heat, cable TV, electricity
  • Legal Lot and Block 63 / 3
  • Assessor Parcel Number 421500 49.36-3-63
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,093

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1960
  • Directions: Union St. to left on McClellan St. House is located on the right.
  • Above Grade Finished Sq Ft: 4506.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 6588.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3505.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.11
  • Lot Size: 47x103
  • Parking Features Parking Total: 8.0
  • Sale Detail Buyer Zip Code: 11561
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number of Refrigerators: 7
  • Unit Information Number Of Stoves: 7
  • Flooring:Carpet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum
  • Basement: Full
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Living Area: 4506.0
  • Full Basement: Yes
  • Attic Features:Pull-Down: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Snow Removal8: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes
  • Unit 6 Owner Furnish Features:Sewer10: Yes
  • Unit 6 Owner Furnish Features:Snow Removal11: Yes
  • Unit 6 Owner Furnish Features:Trash9: Yes
  • Unit 6 Owner Furnish Features:Water11: Yes
  • Unit 7 Owner Furnish Features:Snow Removal9: Yes
  • Unit 7 Owner Furnish Features:Sewer8: Yes
  • Unit 7 Owner Furnish Features:Trash7: Yes
  • Unit 7 Owner Furnish Features:Water9: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Waterfront Features: None
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:None19: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 8.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Land Lease: No
  • Lot Features: Cleared, Corner Lot
  • Parcel #: 421500 49.36-3-63
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 10093.0
  • Tax Block: 3
  • Tax Lot: 63
  • Tax Tract: 49.36

Multi Family

  • Number Of Units Total: 7

MLS Schools

  • Elementary School: Lincoln School
  • HighSchool: Schenectady

Range of Values:

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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
03/03/2022 03/03/22 Sold $320,000 0.0% $71 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $320,000 +433.3% $71 / Sq Ft
03/26/2014 03/26/14 Sold $60,000 0.0% $13 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $60,000 -- $13 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steven Sbardella

    Seller's Agent in 2022

    Steven Sbardella

    518 Realty.Com Inc

    (518) 209-8221

    182 Total Sales

    Steven Sbardella
    Section Image

  • K

    Buyer's Agent in 2022

    Keith Wells

    Simon's Rock Realty LLC

  • J

    Seller's Agent in 2014

    Jesse Holland

    Sunrise Realty Advisors

  • J

    Buyer's Agent in 2014

    Joseph Thorpe

    Better Homes and Gardens Tech

    Section Image
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Map

Source: Global MLS

MLS Number: 202131505

Global MLS
New York Schenectady County Schenectady 12304

501 Mcclellan St, Schenectady, NY

This home is located at 501 Mcclellan St, Schenectady, NY 12304 since 29 October 2021. This property was built in 1960. 501 Mcclellan St is a home located in Schenectady County with nearby schools including Paige Elementary School, Central Park 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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