This property is a five-unit multifamily, located in the highly convenient and historic Union Street corridor. With approximately 2,932 square feet of living space and three stories, this building offers strong investment potential in one of Schenectady's most active rental areas. Built in 1984, the property sits on a 28-by-150-foot lot with municipal water and sewer, public utilities, and off-street parking via the shared driveway. The location provides exceptional accessibility. Union College, Ellis Hospital, Schenectady High School, Downtown Schenectady, and Mohawk Harbor are all within easy reach, along with nearby shops, restaurants, and entertainment venues on Union Street itself. School proximities include Yates Elementary, Oneida Middle School, and Schenectady High School, all within 2 miles or less. This property is zoned for multi-family use and offers a reliable opportunity for investors seeking stable occupancy and long-term value in a well-connected neighborhood.
Multi-familyProperty Type
1984Year Built
3,920 sq ftLot Size
$160Price/Sq.Ft.
5 spacesParking
Listing by Matthew Janke• Advanced Property Management
Seward Place, located between Union Street and State Street, is a residential and historic Schenectady neighborhood with tree-lined blocks and early-20th-century architecture. The neighborhood’s character concentrates around the Union Street corridor near Nott Terrace, where corner storefronts and a steady sidewalk rhythm set the tone. Brick colonials and compact apartment buildings sit beside tidy porches, giving the streetscape a composed, lived-in feel. Union College’s campus edges the area with collegiate greens and stone academic buildings. For culture, Proctors anchors downtown programming, while Arthur’s Market and Perecca’s Bakery serve as long-running local touchstones.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Skylights
Unfinished interior-entry basement
Bedrooms
Five residential units: four 1-bedroom units and one 2-bedroom unit
Bathrooms
Five full bathrooms
Flooring
Hardwood
Vinyl
Carpet
Heating & cooling
Baseboard electric heating
Window air conditioning units
Exterior features
Front porch
Level lot with road frontage
Home design
Multi-family property
Flat roof
Parking
Five off-street parking spaces on a stone driveway
Security
Fire escape
Smoke detectors
Carbon monoxide detectors
Construction
Aluminum siding
Below-grade finished area present
Utilities
Public water
Public sewer
Electric service with circuit breakers and fuses
Financial info
Tenant pays heat, internet, electricity, and gas
Five rental units total
Electricity and solar
View estimated energy costs and solar savings for this home
Rare opportunity! 100% occupied 5 unit building close to downtown, across from Union College, and near to many local amenities. Off street parking, several separate entrances, separate utilities. 4 one bedroom and 1 three bedroom unit. Low-maintenance costs with electric baseboard heating. Attractive and modern apartments - should be easy to rent anytime! 24 hour notice required for showings since all units are occupied.
Global MLS #201722861
Apr 2, 2018
Listing Removed
—
Nov 27, 2017
Listed
$229,900
$78/sq ft
Global MLS #201708326
Nov 27, 2017
Listing Removed
—
May 8, 2017
Listed
$219,900
$75/sq ft
Global MLS #201515275
Aug 28, 2015
Sold
$128,000
$44/sq ft
Aug 5, 2015
Listing Removed
—
Jul 10, 2015
Listed
$139,000
$47/sq ft
Global MLS #201418259
Mar 1, 2015
Listing Removed
—
Aug 27, 2014
Listed
$249,900
$85/sq ft
OneKey® MLS as Distributed by MLS Grid #2687178
Aug 7, 2014
Listing Removed
—
Jul 1, 2014
Listed
$249,900
$85/sq ft
Public Records
Jun 20, 2005
Sold
$74,264
$25/sq ft
Public Records
Jun 20, 2005
Sold
$137,000
$47/sq ft
Global MLS #24117469
Apr 29, 2005
Sold
$137,000
$47/sq ft
Dec 29, 2004
Listing Removed
—
Oct 15, 2004
Listed
$139,900
$48/sq ft
Public Records
Jan 13, 1997
Sold
$80,000
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$9,220 (+0.2%)
$13,700 + $131,500
$145,200
2025
$9,205 (+11.6%)
$13,700 + $131,500
$145,200
2024
$8,247 (+18.1%)
$13,700 + $131,500
$145,200
2023
$6,981 (−10.5%)
$13,700 + $131,500
$145,200
2022
$7,800 (+19.1%)
$13,700 + $131,500
$145,200
2021
$6,548 (+65.7%)
$13,700 + $131,500
$145,200
2020
$3,952 (−44.2%)
$13,700 + $131,500
$145,200
2019
$7,078 (−0.8%)
$13,700 + $131,500
$145,200
2018
$7,137 (−2.1%)
$13,700 + $131,500
$145,200
2017
$7,288 (+7.7%)
$13,700 + $131,500
$145,200
2016
$6,770 (+2.9%)
$13,700 + $131,500
$145,200
2015
$6,580 (−7.5%)
$13,700 + $131,500
$145,200
2014
$7,116
$13,700 + $131,500
$145,200
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
26 ft.
Lot depth
150 ft.
Lot size
3,900 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,668
Year built
1967
Style
Multi-Family (5+ Unit)
County
Schenectady County
APN
421500A03907300010070000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 26, 2026.
C-4
Downtown Mixed-Use District
The Downtown Mixed-Use C-4 District is intended to represent the central business district of the City. It encourages a mix of commercial, civic, cultural and hospitality uses in a pedestrian-oriented setting. Increased densities and scale are encouraged in this district while creating a walkable, attractive downtown for residents and visitors.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Laundromat
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Housing-Group
Housing-Senior
Hotel / motel
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Schenectady, NY • 12305
Average low and high temperatures (°F)
30
17
32
19
49
30
60
40
67
50
79
60
84
66
82
58
77
53
64
44
49
34
34
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 714 Union St
There isn’t enough information to generate an accurate estimate at this time. Learn More
This home is pending
The seller has accepted an offer, and this property is now pending.