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Listed by Chad J Majewski • Chad Majewski Real Estate
$199,999
Est. payment /mo
7 Beds
4 Baths
4,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $45
MLS Listing ID 202629457
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1870
Annual Tax Amount $4,941
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Quadruplex
Source Global MLS
Property Description
Attention Investors! Unlock the income potential of this four-unit investment property situated in the heart of Amsterdam's Rockton District! Built in 1870, this multifamily property offers a total of 8 bedrooms and 4 full bathrooms, aluminum siding, and ample off-street parking. Each unit features separate electric, furnace, and hot water, making this an attractive addition to any investment portfolio. Currently generating $2,400 per month in rental income, with the potential to exceed $4,000 per month with improvements and rental adjustments. While the property could benefit from some TLC, the opportunity for increased cash flow and long-term returns is substantial. Conveniently located within walking distance of public transportation, restaurants, bars, and major manufacturing employers. Public water and sewer add to the appeal. Whether you're looking to expand your portfolio or maximize rental income through renovations, this property offers tremendous upside potential. Bring your vision, capitalize on the opportunity, and put this four-unit investment to work for you! Don't let this income-producing opportunity pass you by!
Location
State NY
County Montgomery
Direction Amsterdam Exit 27 to Route 67/Church Street, Clizbe to Lyon Street.
Interior
Heating Natural Gas
Fireplace No
Exterior
Garage Spaces 2.0
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
New Construction No
Schools
School District Amsterdam
Others
Tax ID 270100 40.9-4-55
Special Listing Condition Standard
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