Pleased to present 8-16 Swan Street, a 15-unit multifamily portfolio spanning three buildings in Schenectady. The property offers established in-place income with meaningful upside through multiple channels, including below-market rents, a largely flexible rent roll, an underutilized coin-operated laundry facility, substantial off-street parking, and a separate storage building. Separate tenant-paid utilities provide a strong operating foundation, while the scale of the portfolio and concentration of additional income opportunities give new ownership several clear paths to grow NOI. Conveniently located near Downtown Schenectady, I-890, Union College, and significant ongoing investment throughout the surrounding area.
Active
$1,575,000
8-16 Swan Street, Schenectady, NY 12307
44beds
16,461sqft
Multi Family, Apartment
Built in 1902
-- sqft lot
$1,520,400 Zestimate®
$96/sqft
$-- HOA
What's special
Separate storage buildingSubstantial off-street parking
- 14 days
- 326
- 21
Zillow last checked:
Listing updated:
Listed by:
Hamel Real Estate LLC 518-857-9251,
Colin Young 518-221-6236,
Michael Hollner 518-649-2867,
Hamel Real Estate LLC
Source: Global MLS,MLS#: 202626865
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 44
- Bathrooms: 15
- Full bathrooms: 15
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Features
- Basement: Unfinished
Interior area
- Total structure area: 16,461
- Total interior livable area: 16,461 sqft
- Finished area above ground: 16,461
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 15
- Parking features: Garage
- Garage spaces: 3
Features
- Exterior features: None
Lot
- Size: 40 Acres
Details
- Parcel number: 421500 49.42428, 49.42427, 49.42426
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Block, Brick, Vinyl Siding
- Roof: Rubber,Asphalt
Condition
- Year built: 1902
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Schenectady
Financial & listing details
- Price per square foot: $96/sqft
- Annual tax amount: $20,136
- Date on market: 9/24/2026
- Tenant pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas
Estimated market value
$1,520,400
$1.44M - $1.60M
$1,271/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $1,575,000+183.8%$96/sqft |
Source:  Global MLS #202626865 Report a problem | ||
| 12/19/2018 | Sold | $555,000$34/sqft |
Source: Global MLS #201824416 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Vale and Hamilton Hill
Nearby schools
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.
