565 Summit Avenue Schenectady, NY ^$ 424,000

565 Summit Avenue

^$ 424,000

Back to search

565 Summit Avenue

Schenectady, NY, 12307

^$ 424,000

Bedrooms8 Baths5.0 Sq 3,360

Monthly Estimate*

^$ 2,818

565 Summit Avenue, Schenectady, NY 12307 - Image 1

565 Summit Avenue, Schenectady, NY 12307 - Image 2

565 Summit Avenue, Schenectady, NY 12307 - Image 3

565 Summit Avenue, Schenectady, NY 12307 - Image 4

Multi-Family Home for sale in Schenectady, NY

for $424,000 with 8 bedrooms and 5 full baths. This 3,360 square foot home was built in 1972 on a lot size of 0.06.

***OWNER FINANCING AVAILABLE TO HELP WITH THE DOWN PAYMENT!*** 5 Unit Apartment Building for sale! Excellent Opportunity to invest or add to your investment portfolio in the thriving City of Schenectady. Potential Annual Gross Rental Income is $72,120. Three out of Five Apartments are rented. The other 2 Apartments will be rented this month. LOW TAXES! Approximately $5,600 per year. New Roof to be installed soon. Close to Downtown, State Street, Shopping, Restaurants, Bus line and more. Don't miss out on this rare opportunity!

Multi-Family Active

Price

^$ 424,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,600

Style

Apartment 4 Plus Unit

Lot Size

0.06

Year Built

1972

Town/City

Schenectady

County/Region

Schenectady

MLS | Web ID

202414564

Features

General

Sewer Public Sewer

Heating Hot Water Natural Gas

Possession Subject To Tenant Rights At Closing

Roof Slate

Exterior Features Garden

Garage Spaces 0.0

Patio/Porch Features Rear Porch Side Porch Front Porch

Architectural Style Apartment 4 Plus Unit

Construction Materials Stucco Vinyl Siding

Year Built 1972

Tenant Pays Electricity

Property SubType 5+ Units

County Schenectady

New Construction N

Property Type MultiFamily

HOA / Comm Assn N

Attached Garage N

Status Active

Directions GPS

High School Schenectady

City Schenectady

Buyer Agent Compensation 1.75

View Y/N N

High School District Schenectady

NumberOfUnitsTotal 5

Lot Size Units Acres

Lot Size Square Feet 2613.6

Waterfront Y/N N

Carport Y/N N

Street Name Summit

Land Lease Y/N N

Tax Annual Amount 5600.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 66

Standard Status Active

Tax Assessed Value 0

Buyer Agent Compensation Type %

Interior

Basement Full

Flooring Hardwood

Basement (Y/N) N

Heating Y/N Y

Above Grade Finished Area 3360.0

Full Baths 5

Half Baths 0

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 5

Exterior

Parking Features Off Street Driveway

Lot Features Level

Water Source Public

Total Parking 8.0

Lot Size Area 0.06

Spa N

Street Suffix Avenue

Lot Size Acres 0.06

Crops Included Y/N N

Open Parking Y/N Y

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 565

* Excluded Features

List By

Scott Scorzafava

Listing Agent

Scorzafava Real Estate Group Llc

Broker

(518) 847-7962

Phone

scottscorzafava@gmail.com

Affordability Calculator

$3,285

Per Month

Monthly Principal & Interest: $2,818
Monthly Property Taxes: $467
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Schenectady, NY

Average List Price ^$250,376

Percent of Sale Price 41%

About Schenectady, NY

66,009 Population

7% Since 2002

^$41,120 Median Income

35.65 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853437 Elementary School

853433 Middle School

Schenectady High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2024	$424,000	-5.57%	Price Down
4/3/2024	$449,000		Listed Price

Map

More homes like this one

homes for you

See all

565 Summit Avenue, Schenectady, NY, 12307 is a Multi-Family Home for sale at $424,000 with 3,360 sqft and a lot size of 0.06. 565 Summit Avenue has 8 bedrooms, 5.0 baths, and was built in 1972. The property's zip code is 12307 which is in Schenectady, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 6/9/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

565 Summit Avenue

Multi-Family Home for sale in Schenectady, NY

Affordability Calculator

Map

More homes like this one

Get more info about this home