$254,900

227-229 Elm Street, Schenectady, NY 12304

4 beds |
2 baths |
2,375 sqft

Duplex
Built in 1994
4,792sqft lot
—— car garage
$107/sqft
Listed 1 day ago

Property Description

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.

Listing Status:: Active
Date Added:: February 14, 2026
Data Last Updated:: February 15, 2026 at 2:38AM
Listing Office:: Hunt ERA : 518-414-5830
Listing Agent:: Lorenzo C Murray : 617-212-7290
MLS ID:: 202612021

General: High Speed InternetPaddle Fan
Laundry: Laundry Room
Basement: SlabNone
Flooring: CarpetLinoleumTile
A/C: None
Heating: Baseboard

General: None
Style: Traditional
Other Structures: None
Parking: Off StreetPavedDrivewayParking spaces: 2

Roofing: Asphalt
General: BrickVinyl SidingSlab

HOA Amenities: Sewer
Originating MLS: Global MLS
School District: Schenectady
County: Schenectady

Zoning: Multi Residence421500 49.52-2-29
Fencing: None

Utilities: Circuit Breakers
Water: Public
Sewer: Public Sewer

Source: Global MLS

This listing courtesy of Lorenzo C Murray , Hunt ERA

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

William C Keane Elementary School

1252 Albany St, Schenectady, NY, 12304

Grades PK-5

0.38 miles away

Central Park Middle School

421 Elm St, Schenectady, NY, 12304

Grades 6-8

0.13 miles away

Schenectady High School

1445 the Plz, Schenectady, NY, 12308

Grades 9-12

1.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.