NOT LISTED FOR SALE

847 Eastern Ave Schenectady, NY 12308

8 Beds
4 Baths
2,694 Sq Ft
4,792 Sq Ft Lot

Last Sold April 22, 2024

Last sale price $267,000 $99 Per Sq Ft

104 Days on Market

Highlights

  • No HOA
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of April 2024

Prime Investment Opportunity! 4-Unit Property on 847 Eastern Parkway with 2 Bedrooms and 1 Bath in Each Unit, Generating $1,000 in Rent Each (Potential for Higher Income)! One Unit Delivered Vacant for Immediate Use. Enjoy the Perks of Separate Utilities and Off-Street Parking. This Property Boasts All Vinyl Windows, Circuit Breakers, Meters, and Boxes, Along with Recently Installed H/W Tanks. A New Back Deck Was Added Within the Last 4 Years, and It Features a New Gas Line and Gas Meters, Along with a New Water Meter. Each Unit Has Its Own Separate Utilities and Dedicated Parking. Conveniently Located Near Bus Lines, Markets, Colleges, and Downtown. Don't Miss Out on This Lucrative Investment Opportunity! This property can start being shown November 1, 2023

Last Agent to Sell the Property

Angela Gonyo

Wolf River Real Estate, LLC License #10491207930 Listed on: 10/20/2023

Co-Listed By

Jessica Mojica

Eleven Real Estate Group License #10311209261

Last Buyer's Agent

Ryan Sager

Weichert, Realtors - Tri-City Properties License #10401331059

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,009

Year Built

  • Built in 1918

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 2,694 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

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

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Schenectady High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 47.000 / 2
  • Assessor Parcel Number 421500 39.83-2-47

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,009

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
  • Year Built: 1918
  • Directions: 847 Eastern Parkway
  • Above Grade Finished Sq Ft: 2694.0
  • Lot Size Acres: 0.11
  • Parking Features Parking Total: 4.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Rental Income: 4000.0
  • Rental Income Description: Actual
  • Co List Office Mls Id: o3236A
  • Co List Office Phone: 518-915-7111
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 2694.0
  • 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: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes

Garage/Parking

  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: 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 39.83-2-47
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5008.55
  • Tax Block: 2
  • Tax Lot: 47.000

MLS Schools

  • HighSchool: Schenectady

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2024 04/22/24 Sold $267,000 -10.7% $99 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
10/20/2023 10/20/23 For Sale $299,000 +149.4% $111 / Sq Ft
12/13/2018 12/13/18 Sold $119,900 0.0% $45 / Sq Ft View Prior Sale
11/12/2018 11/12/18 For Sale $119,900 0.0% $45 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $119,900 0.0% $45 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $119,900 +166.4% $45 / Sq Ft
06/22/2015 06/22/15 Sold $45,000 -40.0% $17 / Sq Ft View Prior Sale
03/03/2015 03/03/15 Pending -- -- --
12/02/2013 12/02/13 For Sale $75,000 +166.9% $28 / Sq Ft
08/16/2012 08/16/12 Sold $28,100 +12.4% $10 / Sq Ft View Prior Sale
07/31/2012 07/31/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $25,000 -- $9 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

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 $10,148 $99,200 $15,400 $83,800
2023 $70 $99,200 $15,400 $83,800
2022 $7,992 $99,200 $15,400 $83,800
2021 $3,450 $99,200 $15,400 $83,800
2020 $4,016 $99,200 $15,400 $83,800
2019 $1,960 $99,200 $15,400 $83,800
2017 $4,309 $99,200 $15,400 $83,800
2016 $4,331 $99,200 $15,400 $83,800
2015 -- $99,200 $15,400 $83,800
2014 -- $99,200 $15,400 $83,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202326965

Global MLS