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      Property at 703 Union Street, Schenectady, NY 12305
      ACTIVE
      $30,000
      $375,000

      703 Union StreetSchenectady, NY, 12305

      3 Beds2 Baths2,578 SqFt0.09 Acres
      Welcome to 703 Union Street, a mixed use property offering both a successful restaurant on the first floor and a fully updated apartment above. The ground level is home to Termeh Persian Restaurant, a well known local favorite with over 60 five star reviews and a strong repeat customer base. The restaurant is fully equipped, with all kitchen appliances, hood system, and ventilation up to code, making this a true turn key opportunity for a new owner. The second floor apartment offers three bedrooms, one full bath, and a large family room with views of Union Street. It is perfect for an owner occupant or as an additional rental unit for extra income. Both the building and the business are included in the sale, making this a great fit whether you are an investor or someone looking to operate their own restaurant in a proven location. Additional features include off street parking, handicap accessible entry, and excellent street visibility. This section of Union Street continues to see steady development and growth, and the property is located just minutes from Union College, adding to its long term value and demand. A rare chance to own a true turn key mixed use property with both residential and commercial income.
      1 / 64

      Est. Monthly

      $1,777/mo

      $375,000
      $30,000

      703 Union Street, Schenectady, NY

      3 Beds2 Baths2,578 SqFt0.09 Acres

      Welcome to 703 Union Street, a mixed use property offering both a successful restaurant on the first floor and a fully updated apartment above. The ground level is home to Termeh Persian Restaurant, a well known local favorite with over 60 five star reviews and a strong repeat customer base. The restaurant is fully equipped, with all kitchen appliances, hood system, and ventilation up to code, making this a true turn key opportunity for a new owner. The second floor apartment offers three bedrooms, one full bath, and a large family room with views of Union Street. It is perfect for an owner occupant or as an additional rental unit for extra income. Both the building and the business are included in the sale, making this a great fit whether you are an investor or someone looking to operate their own restaurant in a proven location. Additional features include off street parking, handicap accessible entry, and excellent street visibility. This section of Union Street continues to see steady development and growth, and the property is located just minutes from Union College, adding to its long term value and demand. A rare chance to own a true turn key mixed use property with both residential and commercial income.

      StatusActive
      Property TypeMulti Family
      Property SubtypeDuplex
      Year Built1900
      Days on Market49 days

      Est. Monthly Payment

      $1,777.49

      %
      %
      yr

      Private Mortgage Insurance

      Not required

      Affordability Checkoptional
      $

      Enter your annual income to check affordability

      Property Details

      Property Information

      703 Union Street

      Schenectady, NY 12305 • Schenectady
      3
      Beds
      2
      Baths
      2,578
      SqFt
      0.09
      Acres
      Status
      Active
      Property Type
      Multi Family
      Property Subtype
      Duplex
      Year Built
      1900126 years ago
      Days on Market
      49 days
      Tax History
      Estimated values, may not reflect current amounts.
      • Annual Tax Amount
        $5,467
      • School Taxes
        $2,905
      • Town/County Taxes
        $2,563
      Property History
      • Price reduced
        May 4, 2026 • GLOBAL MLS • 202614157
        $405,000 → $375,000
      • Listed for sale
        Mar 31, 2026 • GLOBAL MLS • 202614157
        $405,000
      Mortgage Calculator
      Estimated monthly payment for this property
      $1,777.49
      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#
        202614157
      • Listing Office
        Gucciardo Real Estate LLC
      • Last Updated
        14 days ago

      Climate & Systems

      • Heating
        Forced Air

      Interior Features

      • Flooring
        • Laminate
        • Hardwood
      • Basement
        Full

      Parking

      • Parking Spaces
        6

      Lot & Grounds

      • Lot Size
        0.09 acres
      • Exterior Features
        Other

      Type

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

      Structure

      • Construction
        • Other
        • Vinyl Siding

      Condition

      • Year Built
        1900
      • Days on Market
        49 days
      • Water
        Public
      • Sewer
        Public Sewer
      • Electric
        200+ Amp Service

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

      Kevin Lucero

      Kevin Lucero

      Lic. Real Estate Salesperson

      CallEmail
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