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Sold on 06/27/2020

1202 5th Ave, Schenectady, NY 12303

$286,000

Last sold 06/27/2020 for $180K

  • —

    bed

  • —

    bath

  • 3,516

    Sqft ($51/Sqft)

Multi-family not for sale
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About 1202 5th Ave

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Rental estimate
Property description
NEW INFO POSTED! Excellent turn-key 4 unit property with strong financials and rental history, proven cash flow and profitability. 14% cap rate at asking price including repairs allowance! All large two bedroom units with separate utilities. All units separate entrances front and back for each. Property first renovated in 2012, and three units renovated again 2020. Rents may still be below market- they rented so quickly with lots of interest! Pkg deal available with 15 Moyston St (4F), some owner financing if purchased together. Broker is principal owner. Excellent Condition
Listed by
Listing Agent - Todd A Drake
Listing Office - Empire Real Estate Mgmt, LLC
Source: Global MLS mls logo
MLS#202020400 • last updated 1 year ago
Movoto checked Global MLS for data Just now
Overview
Cooling/AC None
Heating Forced Air, Space Heater, Natural Gas
Levels/Style Apartment 4 Plus Unit
Type MultiFamily
SubType 5+ Units
SqFt 3516
Lot Size (Acres) 0.08
Lot Size (SqFt) 3484.8
Property Tax 4999
Year Built 1962
Interior
Basement Full
Exterior
Roof Asphalt
Construction Vinyl Siding
Parking None
Patio/ Porch Pressure Treated Deck, Porch, Deck
Lot Desc Corner Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
County Schenectady
High School District Schenectady
APN 421500 49.54-5-9
Directions Corner Of 5th Ave And Pleasant St
Multifamily Details
Tenant Pays Hot Water, Heat, Cable TV, Electricity, Gas
Total # Of Units 4
Expense: Electricity 298
$286K
Range: $237K-$334K
Last 30 days 
Rental est.: $1,463/month
Gross rent multiplier: 10.3
  • Jan 2021
    Public Records
  • Jan 8, 2021 Sold
    $180,000
  • Nov 2020
    mls logo MLS # 202020400
  • Nov 19, 2020 Sold
    $180,000 (+200.0%)
  • Jan 2010
    mls logo MLS # 29106646
  • Jan 11, 2010 Sold
    $60,000
  • Sep 2009
    Public Records
  • Sep 2, 2009 Sold
    $60,000 (-47.8%)
  • Dec 2005
    Public Records
  • Dec 1, 2005 Sold
    $115,000 (+162.9%)
  • Dec 2004
    mls logo MLS # 2327299
  • Dec 10, 2004 Sold
    $43,750 (-23.2%)
  • Jul 2002
    Public Records
  • Jul 18, 2002 Sold
    $57,000
  • Year Property taxes Tax assessment
  • 2021
    $3,365 +0.3%
    $83,000
  • 2020
    $3,356
    $83,000
  • 1202 5th Ave
    $180K
  • Mt. Pleasant
    $240K +45% y/y
  • 12303
    $299K +3% y/y
  • Schenectady
    $294K +2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Hamilton Elementary School
public Grades PK, K-5
Schenectady City School District
2/10
Mont Pleasant Middle School
public Grades 6-8
Schenectady City School District
2/10
Schenectady High School
public Grades 9-12
Schenectady City School District
Source: GreatSchools.org © 2026. All rights reserved.

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