$2,611 Closing Credit¹
Scott Scorzafava, Listing Office: Scorzafava Real Estate Group LLC
$2,731
closing credit¹
553 Mumford St Schenectady, NY 12307
$230,000 List price
$2,731
Closing credit¹
6 beds
2 full
2,200 sqft
0.2 acres
$105 / sqft
Multi-Family
Property details
About 553 Mumford St
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!
Highlights
Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
CoolingWindow Unit(s)
Size2,200 sqft
BasementYes
Lot size0.22 Acres
Year built1920
ParkingOff Street, Driveway
MLS #202424890
ViewCity
Summary
- MLS Number: 202424890
- Office Name: eXp Realty
- Office Phone: (888) 276-0630
- Office Email: ny.broker@exprealty.net
- Listing Agent: John O'Neill-Knasick, Stephanie Quattropani
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/30/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$230,000
553 Mumford St
$2,731
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 17, 2023 | Home Sold | $220,000 |
| Jan 16, 2008 | Home Sold | $20,000 |
| Apr 16, 2004 | Home Sold | $39,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $21,800 | $- |
| 2022 | $21,800 | $1,023 |
| 2021 | $21,800 | $1,023 |
| 2020 | $21,800 | $1,023 |
| 2019 | $21,800 | $1,902 |
| 2018 | $21,800 | $1,902 |
| 2017 | $21,800 | $1,434 |
History based on county public records data.
Nearby schools
3
Pleasant Valley Elementary School
Public District PK-5
0.4 mi
•1097 Forest Rd
2
Dr. Martin Luther King Jr. Elementary School
Public District PK-5
0.6 mi
•918 Stanley St
1
Hamilton Elementary School
Public District PK-5
0.6 mi
•1091 Webster St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,870. Most Schenectady, NY residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
64%
<35k
33%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
42%
Single, No Kids
31%
Single, with Kids
10%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
11%
12-17 yrs old
23%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Family Dollar
Big Lots
Where do the neighbors go to eat?
Popeyes
Burger King
Golden Corral
What do the neighbors drive?
Dodge
Buick
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Schenectady, NY
About 553 Mumford St
This home is located at 553 Mumford St in Schenectady, NY and zip code 12307. This 2,200 square foot home, which was built in 1920, sits on a 0.22 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 6, 2024 and is currently priced at $230,000.
While more than 52 listings in Schenectady, NY in December 2024 were sold above asking price, there were more than 27 listings sold at asking price, and more than 54 were sold below. The number of homes for sale in Schenectady, NY decreased by 23% between November and December 2024. In December 2024 median list price was $270,000 and the average listing age was 25 days.
From Rocket Homes Real Estate and based on county public records data.