905 Mason St Schenectady, NY 12308
Estimated payment $2,811/month
Highlights
- Corner Lot
- Patio
- Forced Air Heating System
- No HOA
- Bathroom on Main Level
- Baseboard Heating
About This Home
Exceptional 5-unit investment opportunity on a corner lot in Schenectady, boasting a 10% cap rate. This income-producing property features five units with a strong rent profile at $1,000 per unit per month. The front studio unit and rear two-bedroom unit are currently vacant, offering immediate value-add potential for an owner-occupant or investor to lease at market rates. Additional highlights include a detached 3-car garage providing extra income potential, and fully paid-off solar panels, significantly reducing operating expenses. Conveniently located with easy access to local amenities, this property presents a rare combination of cash flow, upside, and efficiency. The property features a 2 year old roof which was replaced prior to the solar panels being installed.
Listing Agent
Coldwell Banker Prime Properties License #10401383753 Listed on: 12/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,618
Year Built
- Built in 1984
Lot Details
- 6,098 Sq Ft Lot
- Fenced Front Yard
- Wood Fence
- Corner Lot
Parking
- 3 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3,624 Sq Ft Home
- Linoleum Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- Bathroom on Main Level
- 5 Full Bathrooms
Outdoor Features
- Patio
Schools
- Schenectady High School
Utilities
- No Cooling
- Forced Air Heating System
- Baseboard Heating
- Electric Baseboard Heater
- 100 Amp Service
Community Details
- No Home Owners Association
- 5 Units
Listing and Financial Details
- Legal Lot and Block 44.000 / 1
- Assessor Parcel Number 421500 39.44-1-44
Map
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 | $6,620 | $161,700 | $18,600 | $143,100 |
| 2023 | $65 | $161,700 | $18,600 | $143,100 |
| 2022 | $6,641 | $161,700 | $18,600 | $143,100 |
| 2021 | $6,624 | $161,700 | $18,600 | $143,100 |
| 2020 | $6,545 | $161,700 | $18,600 | $143,100 |
| 2019 | $3,195 | $161,700 | $18,600 | $143,100 |
| 2018 | $6,625 | $161,700 | $18,600 | $143,100 |
| 2017 | $7,025 | $161,700 | $18,600 | $143,100 |
| 2016 | $7,174 | $161,700 | $18,600 | $143,100 |
| 2015 | -- | $161,700 | $18,600 | $143,100 |
| 2014 | -- | $161,700 | $18,600 | $143,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2026 01/15/26 | Price Changed | $435,000 | -8.4% | $120 / Sq Ft |
| 12/19/2025 12/19/25 | For Sale | $475,000 | -- | $131 / Sq Ft |
Source: Global MLS
MLS Number: 202530970
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.
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.
Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
- 833 Mason St
- 1708 Avenue A
- 1687 Avenue A
- L1 Lenox Rd
- 1593 Randolph Rd
- 1725 van Vranken Ave
- 1723 van Vranken Ave
- 1818 Lenox Rd
- 1732 Carrie St
- 1614 Wendell Ave
- 1712 Foster Ave
- 1600 Carrie St
- 1594 Carrie St
- 910 Gerling St
- 1616 Foster Ave
- 1606 Foster Ave
- 1602 Foster Ave
- 531 Hattie St
- 431 Clarendon St
- 2034 Avenue A
- 1740 van Vranken Ave Unit 2
- 1673 van Vranken Ave Unit 1
- 1584 van Vranken Ave Unit R1
- 1584 van Vranken Ave
- 1701 Carrie St Unit 3
- 221 Harborside Dr
- 1275 Gerling St
- 1182 Glenwood Blvd Unit 1F
- 1146 Glenwood Blvd
- 122 Park Place Unit 1R
- 1114 Union St Unit 5
- 1538 Nott St
- 1155 Barrett St
- 26 Park Place Unit 2
- 2150 Rosa Rd
- 2441 Avenue A Extension
- 1455 Dorwaldt Blvd
- 101 Nott Terrace Unit 206
- 101 Nott Terrace Unit 103
- 15 Lafayette St