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      Property at 227-229 Elm Street, Schenectady, NY 12304
      IN ESCROW
      $15,000
      $239,900

      227-229 Elm StreetSchenectady, NY, 12304

      4 Beds2 Baths2,375 SqFt0.11 Acres
      Turnkey two-unit investment opportunity in Schenectady's Central State Street neighborhood! This duplex offers nearly 2,400 sq ft of livable space with income potential for both new and seasoned investors — or the perfect setup for an owner-occupant looking to offset their mortgage with rental income. Each unit features 2 bedrooms and 1 full bath, a spacious living room ideal for comfortable everyday living, an eat-in kitchen with ample cabinet space, and a dedicated laundry room area for added convenience. The functional layouts make these units attractive to long-term tenants while remaining easy to manage. Additional highlights include off-street parking for two vehicles and a decent-sized backyard offering outdoor space for relaxation or tenant enjoyment — a valuable amenity in this market. The property was recently inspected with no major defects identified, providing added confidence and peace of mind. Whether you're looking to expand your portfolio, create a solid cash-flowing asset, or begin building equity through owner occupancy, this property presents flexibility and long-term upside in a steadily improving rental market. A smart addition to any portfolio — or a strategic first step into real estate investing.
      1 / 26

      Est. Monthly

      $1,137/mo

      $239,900
      $15,000

      227-229 Elm Street, Schenectady, NY

      4 Beds2 Baths2,375 SqFt0.11 Acres

      Turnkey two-unit investment opportunity in Schenectady's Central State Street neighborhood! This duplex offers nearly 2,400 sq ft of livable space with income potential for both new and seasoned investors — or the perfect setup for an owner-occupant looking to offset their mortgage with rental income. Each unit features 2 bedrooms and 1 full bath, a spacious living room ideal for comfortable everyday living, an eat-in kitchen with ample cabinet space, and a dedicated laundry room area for added convenience. The functional layouts make these units attractive to long-term tenants while remaining easy to manage. Additional highlights include off-street parking for two vehicles and a decent-sized backyard offering outdoor space for relaxation or tenant enjoyment — a valuable amenity in this market. The property was recently inspected with no major defects identified, providing added confidence and peace of mind. Whether you're looking to expand your portfolio, create a solid cash-flowing asset, or begin building equity through owner occupancy, this property presents flexibility and long-term upside in a steadily improving rental market. A smart addition to any portfolio — or a strategic first step into real estate investing.

      StatusIn Escrow
      Property TypeMulti Family
      Property SubtypeDuplex
      Year Built1994
      Days on Market28 days

      Est. Monthly Payment

      $1,137.12

      %
      %
      yr

      Private Mortgage Insurance

      Not required

      Affordability Checkoptional
      $

      Enter your annual income to check affordability

      Property Details

      Property Information

      227-229 Elm Street

      Schenectady, NY 12304 • Schenectady
      4
      Beds
      2
      Baths
      2,375
      SqFt
      0.11
      Acres
      Status
      In Escrow
      Property Type
      Multi Family
      Property Subtype
      Duplex
      Year Built
      199432 years ago
      Days on Market
      28 days
      Tax History
      Estimated values, may not reflect current amounts.
      • Annual Tax Amount
        $7,494
      • School Taxes
        $2,689
      • Town/County Taxes
        $4,805
      Property History
      • Price reduced
        Mar 18, 2026 • GLOBAL MLS • 202612021
        $254,900 → $239,900
      • Back on market
        Mar 2, 2026 • GLOBAL MLS • 202612021
        $239,900
      • Listed for sale
        Feb 14, 2026 • GLOBAL MLS • 202612021
        $254,900
      Mortgage Calculator
      Estimated monthly payment for this property
      $1,137.12
      Down Payment
      Interest Rate
      Loan Term
      %
      %
      yearsyrs.
      Affordability Checkoptional
      $

      Enter your annual income to see if this home fits your budget

      Private Mortgage Insurance

      Not required — down payment above 20%
      MLS Information
      • Source
        Global MLS
      • MLS#
        202612021
      • Listing Office
        Hunt ERA
      • Last Updated
        16 days ago

      Climate & Systems

      • Heating
        Baseboard

      Interior Features

      • Flooring
        • Carpet
        • Linoleum
        • Tile
      • Basement
        • Slab
        • None
      • Interior Features
        • High Speed Internet
        • Paddle Fan

      Parking

      • Parking Features
        • Off Street
        • Paved
        • Driveway
      • Parking Spaces
        2

      Lot & Grounds

      • Lot Size
        0.11 acres
      • Lot Features
        • Cleared
        • Level
        • Sloped
      • Fencing
        None
      • Exterior Features
        None

      Type

      • Property Type
        Multi Family
      • Property Subtype
        Duplex
      • Architectural Style
        Traditional

      Structure

      • Construction
        • Brick
        • Vinyl Siding
      • Roof
        Asphalt
      • Foundation
        Slab

      Condition

      • Year Built
        1994
      • Days on Market
        28 days
      • Water
        Public
      • Sewer
        Public Sewer
      • Electric
        Circuit Breakers

      607-282-6242, (607) 282-6242, or +1 607 282 6242

      Kevin Lucero

      Kevin Lucero

      Lic. Real Estate Salesperson

      CallEmail
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