18 city-owned Schenectady properties sold

PHOTOGRAPHER: Haley Viccaro

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Schenectady sales

—972 Albany St. sold for $30,000 to a new owner occupant

—848 Stanley St. sold for $40,000 to a new owner occupant

—1317 Eighth Ave. sold for $12,000 to a new owner occupant

—12 Harvard St. sold for $20,000 to a new owner occupant

—1722 Hamburg St. sold for $43,000 to a new owner occupant

—650 Lansing St. sold for $5,000 to a new owner occupant

—138 Haigh Ave. sold for $27,000 to a new owner occupant

—6 Paulding Ave. sold for $4,000 to a new owner occupant

—617 Orchard St. sold for $5,000 to a new owner occupant

—1412 Albany St. sold for $25,000 to a new owner occupant

—5 Winston Place sold for $12,500 to a new owner occupant

—302 Division St. sold for $7,000 to a new owner occupant

—1455 State St., a mixed-use building, sold for $12,000 to a new owner occupant

—805 Lincoln Ave. sold for $13,000 and will be occupied by a relative of the owner

—367 Twelfth St. sold for $10,000 and will be occupied by a relative of the owner

—1344-1346 Fourth Ave. sold for $20,000

—1192 Parkwood Blvd. sold for $40,000

—850 Albany St., a commercial building, sold for $15,000

The city of Schenectady is selling 18 properties to new owner occupants, generating about $340,000 in revenue, Mayor Gary McCarthy announced on Monday.

As part of the city’s Home Ownership Made Easy in Schenectady program, realtors are marketing city-owned properties with a focus on attracting owner-occupied buyers.

“Promoting home ownership is a critical part of continuing to improve quality of life in our city and our focus on working with the real estate community to better communicate that value has been paying dividends,” McCarthy said.

In September the city hosted the Greater Capital Association of Realtors’ annual meeting, which drew 300 people, and highlighted properties for sale. The meeting led to several real estate agents requesting listings, according to a press release from the mayor’s office.

Schenectady is leveraging $7 million to revitalize the city’s neighborhoods with the demolition of blighted buildings and working closely with landlords to renovate homes.

“Working with the city and being a part of the growth and development going on there has been a great experience, said Sherri Legere of Equitas Realty. “Home ownership is a critical part of strengthening communities and I was glad to be a part of this effort in Schenectady.

Earlier this month the Schenectady City Council approved the sale of 18 properties for a total of $340,500. A majority of the properties were sold to new owner occupants.