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Sold on 10/28/2021

501 Mcclellan St, Schenectady, NY 12304

$467,000

Last sold 10/28/2021 for $320K

  • 8

    bed

  • 7

    bath

  • 4,506

    Sqft ($71/Sqft)

Multi-family not for sale
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About 501 Mcclellan St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 4,792 Sqft
Movoto estimate
Property description
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
Listed by
Listing Agent - Steven J Sbardella
Listing Office - 518 Realty.Com Inc
Source: Global MLS mls logo
MLS#202131505 • last updated 1 year ago
Movoto checked Global MLS for data 7 minutes ago
Overview
Cooling/AC None
Heating Baseboard, Hot Water, Natural Gas
Levels/Style Apartment 4 Plus Unit
Type MultiFamily
SubType 5+ Units
SqFt 4506
Lot Size (Acres) 0.11
Lot Size (SqFt) 4791.6
Property Tax 10093
Year Built 1960
Listing Agent Contact 518-456-6518
Interior
Total # of Bathrooms 7
# Full Baths 7
# Bedrooms 8
Basement Full
Flooring Carpet, Linoleum
Exterior
Roof Asphalt
Construction Vinyl Siding
# Parking Spaces 8
Parking Off Street
Openparkingyn 1
Lot Desc Cleared, Corner Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Waterfront None
County Schenectady
Elementary School Lincoln School
High School District Schenectady
High School Schenectady
APN 421500 49.36-3-63
Directions Union St. To Left On McClellan St. House Is Located On The Right.
Multifamily Details
Tenant Pays Heat, Cable TV, Electricity
Total # Of Units 7
$467K
Range: $410K-$523K
Last 30 days 
  • Mar 2022
    mls logo MLS # 202131505
  • Mar 22, 2022 Sold
    $320,000
  • Oct 28, 2021 Pending
    —
  • Oct 27, 2021 Listed
    —
  • Mar 2022
    Public Records
  • Mar 15, 2022 Sold
    $320,000 (+76.8%)
  • May 2015
    Public Records
  • May 28, 2015 Sold
    $181,000 (+201.7%)
  • Mar 2014
    Public Records
  • Mar 31, 2014 Sold
    $60,000
  • Mar 2014
    mls logo MLS # 201403353
  • Mar 26, 2014 Sold
    $60,000 (-73.9%)
  • Jan 2006
    Public Records
  • Jan 25, 2006 Sold
    $230,000
  • Dec 2005
    mls logo MLS # 25107793
  • Dec 23, 2005 Sold
    $230,000
  • Year Property taxes Tax assessment
  • 2021
    $10,092
    $172,200
  • 501 Mcclellan St
    $320K
  • Eastern Avenue
    $175K -33% y/y
  • 12304
    $260K -1% y/y
  • Schenectady
    $294K +2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Paige Elementary School
public Grades PK, K-5
Schenectady City School District
3/10
Central Park International Magnet 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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