Under contractVirtual tour

$350,000

2,484 SF building0.08 acre lotBuilt 1900

311 Craig StreetSchenectady, NY 12307

Multifamily property · MLS 11901716 · Listed 103 days ago (Jul 24, 2026)

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Under contract: The seller has accepted an offer with conditions. Some sellers still accept backup offers.

About this property

Fully renovated triplex offering an exceptional turnkey investment opportunity in the heart of Schenectady. This three unit property has been thoughtfully updated throughout, featuring modern kitchens with stone countertops, tile backsplashes, and newer stainless appliances, along with renovated ceramic tile baths and fresh flooring in every unit. Each apartment offers an open, light filled layout that is move in ready for tenants or an owner occupant. The unit mix includes a spacious first floor apartment plus two additional units above, totaling six bedrooms and three full baths across the building. Fully separated systems (three electric meters and three gas meters) mean tenants cover their own electricity and gas, keeping operating costs low for the owner. Additional highlights include energy efficient HVAC, a full walk up attic for storage, a welcoming front porch, and a fenced rear yard. With strong income potential and low expenses, this is a smart addition to any portfolio. Conveniently located near schools, shopping, and major routes. Do not miss this well maintained, income producing opportunity.

Description provided by the listing brokerage.

Key facts

Asking price
$350,000
Status
Under contract
Property type
MultifamilyFrom the MLS property class
Building area
2,484 SFSource field LivingArea
Land area
0.08 acresSource field LotSizeAcres
Year built
1900
MLS number
11901716

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$350,000
Price per SF of building
$141/SFAsking price ÷ 2,484 SF reported building area
Annual taxes
$5,350

Building and site

Units
3Source field NumberOfUnitsTotal
County
Schenectady County

Reported features

  • Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Vinyl
  • Tile

Basement

  • Unfinished
  • Finished

Heating

  • Forced Air
  • Natural Gas

Construction

  • Vinyl Siding
  • Brick

Roof

  • Asphalt

Water

  • Public (Water Source)

Sewer

  • Other

Virtual tours and video

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Schenectady or multifamily property in Schenectady.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-unit)

How listings qualify. Something wrong? Report it.

Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Guides

    Listing courtesy of Miranda Real Estate Group Inc. Listing agent: Moonrani Gumani. Listings provided by MyStateMLS.

    Listing last modified at the source Oct 21, 2026, 11:50 AM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 9:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.