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318 Georgetta Dix Plaza, Schenectady, NY, 12307

5beds
4baths
2,806sqft
$379,900
$135price/sqft
$3,212/moest. monthly cost
$128,480/yrincome needed

About This Home

Welcome to 318 Georgetta Dix Plaza -- a versatile 3-family property offering the perfect blend of immediate income and owner-occupant potential. This well-positioned property features two occupied first-floor units, generating strong in-place cash flow with rents of $1,200/month (rear) and $1,500/month (front). The spacious second-floor unit is currently vacant and spans two levels, offering exceptional flexibility with the potential for 3-4 bedrooms and two full bathrooms--ideal for an owner looking to offset their mortgage or an investor seeking to maximize rental income. Whether you're looking to house-hack or expand your portfolio, this property checks all the boxes. Live comfortably in the expansive upper unit while collecting rent from the lower apartments, or lease the entire building for a solid return from day one with room to increase rents. Conveniently located in Schenectady, the property is just minutes from local parks, restaurants, shopping, and major highways, making it highly attractive to tenants. Enjoy easy access to everything the city has to offer while being situated in a location that supports strong rental demand. Don't miss this opportunity to own a flexible, income-producing property in a prime and accessible area.

Getting Around

89
WalkingVery Walkable
50
TransitGood Transit
53
BikeBikeable

Schools

5/10
Van Corlaer SchoolGrades PK-51.8 mi
3/10
3/10
Schenectady High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Slate
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Laundry features: Other

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Vinyl,Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,806

Heating & Cooling

  • Heating features: Forced Air,Radiant,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,806
  • Total interior livable area: 2,806 sqft

Property

Details

  • Parcel number: 421500 49.24331 01
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Exterior features: None
  • Fencing: Back Yard

Lot

  • Lot size: 3,920 sqft

Parking

  • Total spaces: 2
  • Parking features: Off Street