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Sold on 11/10/2016

10 Covington Ave, Schenectady, NY 12304

  • $456,166

    Last sold 11/10/2016 for $230K

  • —

    bed

  • —

    bath

  • 3,950

    Sqft ($58/Sqft)

Multi-family not for sale
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About 10 Covington Ave

Property type Multi-family
Neighborhood
Year built 1941
HOA fee $0/month
Lot size 0.33 Acre
Movoto estimate
Rental estimate
Property description
INVESTOR OPPORTUNITY TO MAKE GREAT CASH FLOW! SITUATED ON A BIG LOT CONVENIENT TO THE BUSLINE AND SHOPPING NEAR THE COLONIE SCHENECTADY NISKAYUNA BORDER. THIS 5 UNIT INCOME PROPERTY CONSISTS OF A 3 FAMILY HOUSE & A 2 FAMILY HOUSE. FULLY OCCUPIED CURRENT RENT IS 10%- 20% BELOW MARKET WITH LONG TERM TENANTS LEAVING ROOM FOR GROWTH WITH IMPROVEMENTS. SEPARATE HEAT & UTILITIES. SELLER WILL FINANCE WITH $100,000 DOWN @7% -- Good Condition
Listed by
Listing Agent - Andrew Mironchuk
Listing Office - Miron Realty
Source: Global MLS mls logo
MLS#201619203 • last updated 1 year ago
Movoto checked Global MLS for data 40 minutes ago
Overview
Cooling/AC None
Heating Baseboard, Electric, Radiant, Natural Gas
Levels/Style Other, See Remarks
Type MultiFamily
SubType 5+ Units
SqFt 3950
Lot Size (Acres) 0.33
Lot Size (SqFt) 14374.8
Property Tax 5253
Year Built 1941
Listing Agent Contact 518-858-4447
Interior
Basement Full, Slab
Exterior
Foundation Slab
Roof Slate, Asphalt
Construction Clapboard
# Parking Spaces 15
Lot Desc Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
County Albany
High School District South Colonie
APN 12689 16.7-6-1
Directions FROM COLONIE RT 5 (CENTRAL A) WEST OF RT 155 (NEW KARNER) PASS LISHAKILL RD, LEFT ON COVINGTON. FROM SCHEN. AT MOHAWK MALL RT 5 EAST RIGHT ON COVINGT
Multifamily Details
Owner Pays Parking Fee
$456K
Range: $410K-$501K
Last 30 days 
Rental est.: $1,324/month
Gross rent multiplier: 14.5
  • Jan 2017
    mls logo MLS # 201619203
  • Jan 4, 2017 Sold
    $230,000
  • Jan 4, 2017 Listed
    —
  • 10 Covington Ave
    $230K
  • Colonie
    $477K
  • 12304
    $269K -1% y/y
  • Schenectady
    $299K 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Veeder Elementary School
public Grades K-4
South Colonie Central School District
4/10
Lisha Kill Middle School
public Grades 5-8
South Colonie Central School District
7/10
Colonie Central High School
public Grades 9-12
South Colonie Central School District
Source: GreatSchools.org © 2026. All rights reserved.

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