8-16 Swan Street
Schenectady, NY 12307
$1,575,000
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.
| Listing Id: | 202626865 |
|---|---|
| List Price: | $1,575,000 |
| Property Type: | Multi-Family |
| Property Sub Type: | Multi Family |
| Status: | Active |
| Bedrooms Total: | 44 |
| Bathrooms Full: | 15 |
| Living Area: | 16,461 |
| Tax Annual Amount: | $20,136 |
| Lot Size Square Feet: | 1,742,400.0 |
| Lot Size Acres: | 40.0 |
| Architectural Style: | Apartment 4 Plus Unit |
| Waterfront?: | No |
| City: | Schenectady |
| County Or Parish: | Schenectady |
| Subdivision Name: | Select One |
| Postal Code: | 12307 |
| Year Built: | 1902 |
| Number Of Units Total: | 15 |
| List Agent Full Name: | Colin Young |
| Co List Agent Full Name: | Michael Hollner |
| Cooling: | Window Unit(s) |
| Exterior Features: | None |
| Lot Size Units: | Acres |
| Heating?: | Yes |
| Bathrooms Total Integer: | 15 |
| Cooling?: | Yes |
| Basement: | true |
| Basement: | Unfinished |
| State Or Province: | NY |
| Special Listing Conditions: | Standard |
| Sewer: | Public Sewer |
| High School: | Schenectady |
| Roof: | Rubber, Asphalt |
| Lot Size Area: | 40.0 |
| Documents Change Timestamp: | 2026-09-24T18:19:01Z |
| Heating: | Forced Air |
| Directions: | West on Rt.-5 towards Downtown Schenectady, right onto Swan. |
| Garage Spaces: | 3.0 |
| Listing Contract Date: | 2026-09-24 |
| Parcel Number: | 421500 49.42-4-28, 49.42-4-27, 49.42-4-26 |
| List Agent Key: | 20211012214537051358000000 |
| Construction Materials: | Block, Brick, Vinyl Siding |
| Parking Total: | 15 |
| Water Source: | Public |
| Co List Office Key: | 20211012214259877823000000 |
| Co List Agent Key: | 20211227131834100028000000 |
| High School District: | Schenectady |
| Above Grade Finished Area: | 16,461.0 |
| Tenant Pays: | Gas, Internet, Cable TV, Electricity, Heat, Hot Water |
| Postal City: | Schenectady |
| Above Grade Finished Area Source: | CRS |
| Original List Price: | $1,575,000 |
| Possession: | At Closing |
| Below Grade Finished Area Source: | CRS |
| Bathrooms Total Decimal: | $15.00 |
| Property Detail Enhanced Accessible Yn2: | No |
| Parcel Tax Hoa Total Taxes Description: | Estimated |
| Bath Levels Full Bath 1: | 1st |
| Bath Levels Full Bath 2: | 2nd |
| Bath Levels Full Bath 3: | 3rd |
| Bath Levels Full Bath 4: | 1st |
| Bath Levels Full Bath 5: | 2nd |
| Bath Levels Full Bath 6: | 3rd |
| Bath Levels Full Bath 7: | 1st |
| Bath Levels Full Bath 8: | 2nd |
| Bath Levels Full Bath 9: | 3rd |
| Bath Levels Full Bath 10: | 1st |
| Multi Family Unit 1 Detail Unit Location Mf Unit 1: | 8-1 |
| Multi Family Unit 1 Detail Lease Term Mf Unit 1: | Month To Month |
| Multi Family Unit 1 Detail Total Rooms Mf Unit 1: | 6 |
| Multi Family Unit 1 Detail Total Bedrooms Mf Unit 1: | 3 |
| Multi Family Unit 1 Detail Total Full Baths Mf Unit 1: | 1 |
| Multi Family Unit 2 Detail Unit Location Mf Unit 2: | 8-2 |
| Multi Family Unit 2 Detail Lease Term Mf Unit 2: | 12 Months |
| Multi Family Unit 2 Detail Total Rooms Mf Unit 2: | 6 |
| Multi Family Unit 2 Detail Total Bedrooms Mf Unit 2: | 3 |
| Multi Family Unit 2 Detail Total Full Baths Mf Unit 2: | 1 |
| Multi Family Unit 3 Detail Unit Location Mf Unit 3: | 8-3 |
| Multi Family Unit 3 Detail Lease Term Mf Unit 3: | Month To Month |
| Multi Family Unit 3 Detail Total Rooms Mf Unit 3: | 6 |
| Multi Family Unit 3 Detail Total Bedrooms Mf Unit 3: | 3 |
| Multi Family Unit 3 Detail Total Full Baths Mf Unit 3: | 1 |
| Multi Family Unit 4 Detail Unit Location Mf Unit 4: | 10-1 |
| Multi Family Unit 4 Detail Lease Term Mf Unit 4: | 12 Months |
| Multi Family Unit 4 Detail Total Rooms Mf Unit 4: | 6 |
| Multi Family Unit 4 Detail Total Bedrooms Mf Unit 4: | 3 |
| Multi Family Unit 4 Detail Total Full Baths Mf Unit 4: | 1 |
| Multi Family Unit 5 Detail Unit Location Mf Unit 5: | 10-2 |
| Multi Family Unit 5 Detail Lease Term Mf Unit 5: | Month To Month |
| Multi Family Unit 5 Detail Total Rooms Mf Unit 5: | 6 |
| Multi Family Unit 5 Detail Total Bedrooms Mf Unit 5: | 3 |
| Multi Family Unit 5 Detail Total Full Baths Mf Unit 5: | 1 |
| Multi Family Unit 6 Detail Unit Location Mf Unit 6: | 10-3 |
| Multi Family Unit 6 Detail Lease Term Mf Unit 6: | None |
| Multi Family Unit 6 Detail Total Rooms Mf Unit 6: | 6 |
| Multi Family Unit 6 Detail Total Bedrooms Mf Unit 6: | 3 |
| Multi Family Unit 6 Detail Total Full Baths Mf Unit 6: | 1 |
| Multi Family Unit 7 Detail Unit Location Mf Unit 7: | 12-1 |
| Multi Family Unit 7 Detail Lease Term Mf Unit 7: | 12 Months |
| Multi Family Unit 7 Detail Total Rooms Mf Unit 7: | 6 |
| Multi Family Unit 7 Detail Total Bedrooms Mf Unit 7: | 3 |
| Multi Family Unit 7 Detail Total Full Baths Mf Unit 7: | 1 |
| Multi Family Unit 8 Detail Unit Location Mf Unit 8: | 12-2 |
| Multi Family Unit 8 Detail Lease Term Mf Unit 8: | Month To Month |
| Multi Family Unit 8 Detail Total Rooms Mf Unit 8: | 6 |
| Multi Family Unit 8 Detail Total Bedrooms Mf Unit 8: | 3 |
| Multi Family Unit 8 Detail Total Full Baths Mf Unit 8: | 1 |
| Open Parking?: | Yes |
| Approval Status: | Yes |
| Photos - the contractual owner of the photos Photo Owner 3: | Broker |
| Separate Utilities: | Electric, Gas, Water Heater |
| Architectural Style: | Apartment 4 Plus Unit |
| Unit 1 Includes: | Bathroom, Kitchen, Living Room, Refrigerator, Stove |
| Unit 2 Includes: | Bathroom, Kitchen, Living Room, Refrigerator, Stove |
| Unit 3 Includes: | Bathroom, Kitchen, Living Room, Refrigerator, Stove |
| Unit 4 Includes: | Bathroom, Kitchen, Living Room, Refrigerator, Stove |
| Unit 5 Includes: | Bathroom, Kitchen, Living Room, Refrigerator, Stove |
| Unit 6 Includes: | Bathroom, Kitchen, Living Room, Refrigerator, Stove |
| Unit 7 Includes: | Bathroom, Kitchen, Living Room, Refrigerator, Stove |
| Unit 8 Includes: | Bathroom, Kitchen, Living Room, Refrigerator, Stove |
| Exterior Features: | None |
Listing Courtesy of: Hamel Real Estate LLC
Listing Agent: Colin Young
518-221-6236
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Data last updated October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
