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Listed by Deana Mancini • Mohawk Mills Real Estate Group

$ 145,000

Est. payment | -/mo

8 Beds

2 Baths

2,862 SqFt

Save

$ 145,000

Est. payment | -/mo

Save

8 Beds

2 Baths

2,862 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,862 sqft

Price per Sqft $50

MLS Listing ID 202622600

Bedrooms 8

Full Baths 2

HOA Y/N No

Year Built 1905

Annual Tax Amount $962

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Sub-Type Duplex

Source Global MLS

Property Description

Opportunity awaits with this spacious two-family home located in one of Amsterdam's established multi-family neighborhoods. Does it needs a new roof? YES! Could it use some cosmetic updates? Yeah, that too! But for the savvy investor or owner-occupant willing to put in a little sweat equity, the upside is undeniable.

Currently occupied by long-term Section 8 tenants who would love to remain, this property offers immediate rental income with significant value-add potential. Each unit features 4 bedrooms, 1 full bath, a formal living room, formal dining room, and a generously sized kitchen with space for a dining table. Original hardwood floors run throughout the living areas and bedrooms, just waiting to be restored to their former beauty. The upper unit also features new luxury vinyl plank flooring in the kitchen, and both units include separate washer and dryer hookups.

Being sold as-is and priced to reflect the repairs needed, this is an excellent opportunity to build equity and maximize your investment. Conveniently located within walking distance to the bus line, Lynch Middle School, McNulty Elementary School, and the restaurants, shops, and conveniences along Market Street.

Location

State NY

County Montgomery

Zoning Multi Residence

Direction From Downtown, head north on Market st. Turn left on to Lincoln just passed the McDonalds. Property is located a few blocks in on the left.

Interior

Heating Forced Air, Natural Gas

Flooring Vinyl, Hardwood

Fireplace No

Exterior

Exterior Feature None

Parking Features Paved, Driveway

Utilities Available Cable Connected

Roof Type Slate

Porch Rear Porch, Side Porch, Enclosed, Front Porch

Porch Rear Porch,Side Porch,Enclosed,Front Porch

Building

Lot Description Level

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Amsterdam

Others

Tax ID 270100 39.16-6-17

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

42 Lincoln Avenue Amsterdam, NY 12010