3,624 Sq. Ft.
$120 / Sq. Ft.
3,624
Sq. Ft.
$120
per Sq. Ft.

Description

Exceptional 5-unit investment opportunity on a corner lot in Schenectady, boasting a 10% cap rate. This income-producing property features five units with a strong rent profile at $1,000 per unit per month. The front studio unit and rear two-bedroom unit are currently vacant, offering immediate value-add potential for an owner-occupant or investor to lease at market rates. Additional highlights include a detached 3-car garage providing extra income potential, and fully paid-off solar panels, significantly...Exceptional 5-unit investment opportunity on a corner lot in Schenectady, boasting a 10% cap rate. This income-producing property features five units with a strong rent profile at $1,000 per unit per month. The front studio unit and rear two-bedroom unit are currently vacant, offering immediate value-add potential for an owner-occupant or investor to lease at market rates. Additional highlights include a detached 3-car garage providing extra income potential, and fully paid-off solar panels, significantly reducing operating expenses. Conveniently located with easy access to local amenities, this property presents a rare combination of cash flow, upside, and efficiency. The property features a 2 year old roof which was replaced prior to the solar panels being installed.
  1. Listed by Christopher Serra • Coldwell Banker Prime Properties
    P: (518)-630-3796 C: (518)-630-3796 chris.serra@coldwellbankerprime.com

Property Details for 905 Mason Street

Architectural Style
Apartment 4 Plus Unit
Waterfront
No
Parking Total
3.00
LISTING UPDATED: 02/16/2026 10:14 AM

Property Details for 905 Mason Street

StatusActive
MLS #202530970
Days on Market64
Taxes$6,618 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1984
Lot Size0.14 AC / 6,098 SF
CountySchenectady County

Location

Listing Courtesy of Coldwell Banker Prime Properties
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Building Information for 905 Mason Street

Stories-Residences5Year Built1984Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$2,672 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,120

Property Taxes

$552

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 905 Mason Street

Summary
Location and General Information
  • Postal City: Schenectady
  • Directions: From Erie Blvd: Take the 1st exit from roundabout onto Nott St; Turn left onto Avenue B; 905 Mason St is on the corner of Avenue B and Mason St.
  • City: Schenectady
  • State Or Province: NY
  • Postal Code: 12308
  • County Or Parish: Schenectady
  • Latitude: 42.82
  • Longitude: -73.92
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 44.000
  • Tax Block: 1
  • Parcel Number: 421500 39.44-1-44
  • Tax Tract: 39.44
  • Tax Annual Amount: $6,618.39
Parking
  • GarageSpaces: 3.00
  • Attached Garage: No
  • Parking Features: Off Street
School Information
  • School District: Schenectady
  • High School: Schenectady
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Corner Lot
  • Year Built: 1984
  • Above Grade Finished Area: 3624.0
  • Above Grade Finished Area Source: CRS
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: CRS
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6098.4
Building Information
  • Living Area: 3624.0
Utilities
  • Water Source: Public
  • Separate Utilities : Water Meter: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 5
  • Separate Utilities : Number Of Separate Water Meters: 4
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Patio
  • Other Structures: Garage(s)
  • Exterior Features: None
  • Fencing: Wood, Front Yard
Interior Features
  • Heating: Baseboard, Electric, Forced Air, Natural Gas, Solar
  • Flooring: Linoleum
  • Electric: True
  • Basement: Full
  • Construction Materials: Brick, Drywall
  • Cooling: None
  • Foundation Details: Concrete Perimeter
  • Cooling: No
  • Heating: Yes
  • Attic Features : Full: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 5
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Notational: 5.00
  • Bedrooms Total: 7
  • Bathrooms Full: 5
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Unit Information : Number Of Refrigerators: 5
  • Unit Information : Number Of Stoves: 5
Income & Expenses Information
  • Income And Expenses : Rental Income: $5,000.00
  • Income And Expenses : Total Income Description: 1,000 per Unit
Unit Information
Unit 1
  • Unit Owner Furnish Features : Electricity: Yes
  • Unit Owner Furnish Features : Heat: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
Unit 2
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
Unit 3
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
Unit 4
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dining Room: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
Unit 5
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
Rental
Rental Information
  • Tenant Pays: Hot Water, Heat, Internet, Electricity

Property History for 905 Mason Street

DateEvent & SourcePriceAppreciation
Dec 19, 2025

Price Change

GLOBAL MLS #202530970

$475,000—
Dec 19, 2025

Listed (Active)

GLOBAL MLS #202530970

$435,000—
Sep 1, 2021

Expired

GLOBAL MLS #202030606

—
Oct 12, 2020

Listed (Active)

GLOBAL MLS #202030606

$227,900—
May 31, 2007

Sold

GLOBAL MLS #27106362

$165,000—
May 29, 2007

Sold (Public Record)

Public Record #240767504

$175,500

+22.6% / yr

Apr 6, 2007

Pending

GLOBAL MLS #27106362

—
Mar 28, 2007

Listed (Active)

GLOBAL MLS #27106362

$169,900—
Sep 26, 2005

Sold (Public Record)

Public Record #240761053

$124,900—
Sep 26, 2005

Sold

GLOBAL MLS #25111786

$124,900—
Jul 10, 2005

Pending

GLOBAL MLS #25111786

—
Jul 5, 2005

Listed (Active)

GLOBAL MLS #25111786

$124,900—
Mar 14, 2003

Sold

GLOBAL MLS #2226006

$87,000—
Jan 7, 2003

Pending

GLOBAL MLS #2226006

—
Dec 4, 2002

Listed (Active)

GLOBAL MLS #2226006

$99,900—
DateEvent & SourcePrice
12/19/2025

Price Change

GLOBAL MLS #202530970

$475,000
12/19/2025

Listed (Active)

GLOBAL MLS #202530970

$435,000
09/01/2021

Expired

GLOBAL MLS #202030606

—
10/12/2020

Listed (Active)

GLOBAL MLS #202030606

$227,900
05/31/2007

Sold

GLOBAL MLS #27106362

$165,000
05/29/2007

Sold (Public Record)

Public Record #240767504

$175,500

+22.6% / yr

04/06/2007

Pending

GLOBAL MLS #27106362

—
03/28/2007

Listed (Active)

GLOBAL MLS #27106362

$169,900
09/26/2005

Sold (Public Record)

Public Record #240761053

$124,900
09/26/2005

Sold

GLOBAL MLS #25111786

$124,900
07/10/2005

Pending

GLOBAL MLS #25111786

—
07/05/2005

Listed (Active)

GLOBAL MLS #25111786

$124,900
03/14/2003

Sold

GLOBAL MLS #2226006

$87,000
01/07/2003

Pending

GLOBAL MLS #2226006

—
12/04/2002

Listed (Active)

GLOBAL MLS #2226006

$99,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 905 Mason Street

Taxable ValueLand$18,600Additions$143,100Total$161,700
Home Facts
Total Finished SqFt3,624 SqFtAbove Grade Finished SqFt3,624 SqFtUnfinished Basement SqFt1,800 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1984Zoning03 - MULTI-FACountySCHENECTADYAPN421500 39.44-1-44

Schools near 905 Mason Street

This home is within Schenectady City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Jessie T Zoller School
PublicPK to 5

Oneida Middle School
Public6 to 8

Schenectady High School
Public9 to 12

St John The Evangelist
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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905 Mason Street is a multi-family home for sale in Schenectady, NY 12308. This property was listed for sale on December 19, 2025 by Coldwell Banker Prime Properties, it's currently listed at $435,000. It has been on the market for a total of 64 days and was last sold on May 31, 2007. This listing's school district is Schenectady City School District. Nearby schools include Jessie T Zoller School, Oneida Middle School and Schenectady High School. 905 Mason Street is a 7-bed, 5-bath, 3,624 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Prime Properties

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