Investment Opportunity in Schenectady, NY! This 2021-renovated duplex is perfect for both investors and those looking to owner-occupy. The upstairs unit is currently rented, generating $1,500 monthly, while the vacant downstairs unit can bring in $1,800 monthly. Together, the property can generate $3,300 per month or $39,600 annually in rental income, offering a solid 11% cap rate. With off-street parking, a large side lot, and a corner lot location, this property provides plenty of space and convenience for tenants. Located less than a mile from I-890 and only 1.5 miles from Rivers Casino, it's ideally situated near key amenities. Whether you're looking to grow your portfolio or live and earn, this opportunity offers excellent cash flow and long-term investment potential. Don't miss out!
Closed
$230,000
553 Mumford Street, Schenectady, NY 12307
6beds
2,200sqft
Duplex, Multi Family
Built in 1920
-- sqft lot
$244,300 Zestimate®
$105/sqft
$1,445 Estimated rent
Home value
$244,300
$193,000 - $310,000
$1,445/mo
Zestimate® history
Owner options
List your home for rent
$1,445/mo
Rent Zestimate®
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$1,445/mo
Rent Zestimate®
Refinance and save
$1,402/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,402/mo
Est. payment
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List your homeWhat's special
Off-street parkingLarge side lotCorner lot
Zillow last checked:
Listing updated:
Listed by:
John O'Neill-Knasick 518-953-7376,
eXp Realty,
Stephanie Quattropani 315-920-9849,
eXp Realty
Bought with:
non-member non member
NON MLS OFFICE
Source: Global MLS,MLS#: 202424890
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: Laundry Room, Main Level
Features
- Flooring: Laminate
- Basement: Exterior Entry,Full,Walk-Out Access
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Driveway
- Has uncovered spaces: Yes
Features
- Exterior features: Other
- Fencing: Back Yard,Chain Link,Fenced,Perimeter
- Has view: Yes
- View description: City
Lot
- Size: 9,583 Square Feet
- Features: Level, Road Frontage, Corner Lot
Details
- Parcel number: 421500 49.31421.1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Drywall
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
HOA
- Has HOA: No
Location
- Region: Schenectady
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $204,504
- Annual tax amount: $5,000
- Date on market: 9/6/2024
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2025 | Sold | $230,000$105/sqft |
Source: Public Record Report a problem | ||
| 5/13/2025 | Sold | $230,000$105/sqft |
Source:  Global MLS #202424890 Report a problem | ||
| 2/24/2025 | Pending sale | $230,000$105/sqft |
Source: Global MLS #202424890 Report a problem | ||
| 9/6/2024 | Listed for sale | $230,000-4.8%$105/sqft |
Source: Global MLS #202424890 Report a problem | ||
| 9/2/2024 | Listing removed | $241,500$110/sqft |
Source: Global MLS #202418763 Report a problem | ||
| 8/20/2024 | Listed for sale | $241,500$110/sqft |
Source: Global MLS #202418763 Report a problem | ||
| 8/6/2024 | Pending sale | $241,500$110/sqft |
Source: Global MLS #202418763 Report a problem | ||
| 7/20/2024 | Price change | $241,500-3.4%$110/sqft |
Source: Global MLS #202418763 Report a problem | ||
| 6/6/2024 | Listed for sale | $250,000+13.6%$114/sqft |
Source: Global MLS #202418763 Report a problem | ||
| 7/5/2023 | Sold | $220,000+15.9%$100/sqft |
Source: Global MLS #202316828 Report a problem | ||
| 5/23/2023 | Pending sale | $189,900$86/sqft |
Source: Global MLS #202316828 Report a problem | ||
| 5/17/2023 | Listed for sale | $189,900+1799%$86/sqft |
Source: Global MLS #202316828 Report a problem | ||
| 3/27/2023 | Listing removed | $10,000$5/sqft |
Source: Global MLS #202130770 Report a problem | ||
| 7/29/2022 | Pending sale | $10,000$5/sqft |
Source: Global MLS #202130770 Report a problem | ||
| 7/11/2022 | Contingent | $10,000$5/sqft |
Source: Global MLS #202130770 Report a problem | ||
| 10/18/2021 | Listed for sale | $10,000-50%$5/sqft |
Source: Global MLS #202130770 Report a problem | ||
| 1/16/2008 | Sold | $20,000-47.4%$9/sqft |
Source: Public Record Report a problem | ||
| 4/3/2006 | Sold | $38,000-2.6%$17/sqft |
Source: Public Record Report a problem | ||
| 4/16/2004 | Sold | $39,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $123,500 |
| 2024 | -- | $123,500 +466.5% |
| 2023 | -- | $21,800 |
| 2022 | -- | $21,800 |
| 2021 | -- | $21,800 |
| 2020 | -- | $21,800 |
| 2019 | -- | $21,800 |
| 2018 | -- | $21,800 |
| 2017 | -- | $21,800 |
| 2016 | -- | $21,800 |
| 2015 | -- | $21,800 |
| 2014 | -- | $21,800 |
| 2013 | -- | $21,800 |
| 2012 | -- | $21,800 -74.8% |
| 2011 | -- | $86,400 |
| 2010 | -- | $86,400 |
| 2009 | -- | $86,400 +208.6% |
| 2008 | -- | $28,000 |
| 2007 | -- | $28,000 |
| 2006 | -- | $28,000 |
| 2005 | -- | $28,000 |
| 2004 | -- | $28,000 |
| 2002 | -- | $28,000 |
| 2001 | -- | $28,000 |
| 2000 | -- | $28,000 |
Find assessor info on the county website
Neighborhood: Vale and Hamilton Hill
Nearby homes
- $--3 bd1 ba1.1k sqft553 Mumford St FLOOR 2, Schenectady, NY 12307Off Market
- $214,2004 bd2 ba1.5k sqft551 Mumford St, Schenectady, NY 12307Off Market
- $225,0005 bd2 ba1.9k sqft549 Mumford St, Schenectady, NY 12307Sold
- $--3 bd1 ba-- sqft549 Mumford St FLOOR 1, Schenectady, NY 12307Off Market
- $188,4005 bd2 ba2k sqft562 Mumford St, Schenectady, NY 12307Off Market
- $175,7005 bd2 ba2k sqft564 Mumford St, Schenectady, NY 12307Off Market
- $13,247-- bd-- ba-- sqft558 Mumford St, Schenectady, NY 12307Off Market
- $233,4006 bd2 ba2.5k sqft547 Mumford St, Schenectady, NY 12307Off Market
Nearby schools
GreatSchools rating
- 6/10Van Corlaer SchoolGrades: PK-5Distance: 1.4 mi
- 2/10Mont Pleasant Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Schenectady High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- High: Schenectady
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$244,300
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$249,186
- New York
- Schenectady County
- Schenectady
- 12307
- Vale and Hamilton Hill
- 553 Mumford Street
Nearby cities
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