389 McKay Road, Perth, NY 12010 (MLS# 202510913)


$490,000
389 McKay Road
Perth, NY 12010
MLS# 202510913
Status: Closed
11 beds


Exterior McKay
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Property Description
Spacious 6-unit rental property situated on 5 serene acres in the highly sought-after Broadalbin-Perth School District. This investment opportunity boasts a solid rental history, with several units featuring updated flooring and modernized kitchens. The property includes a large, rentable garage and an on-site office, adding extra convenience and income potential. Many of the furnaces have been updated, ensuring efficiency and tenant satisfaction. Enjoy the benefits of low annual taxes, just $5,700, enhancing your bottom line. Whether you're looking to expand your portfolio or start a new venture, this property combines strong income potential with room to grow!

Details
Maps
Contract Information
Original List Price: 699900
List Price/SqFt: 85.62
Status: Closed
Property Sub Type: Multi Family
Sold Price: $490,000
Current Price: $490,000
Listing Contract Date: 2025-01-18
Location
City/Town (Mail): Amsterdam
Street Number: 389
Street Name: McKay
Street Suffix: Road
County: Fulton
State/Province: NY
Postal Code: 12010
Geo Lat: 42.990647
Geo Lon: -74.211722
Property Detail
Number Of Units Total: 6
Rooms Total: 30
Bathrooms Half: 0
Garage Spaces: 4
Above Grade Finished Area: 6424
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 6424
Lot Size Acres: 5
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 11
Bathrooms Full: 6
Year Built: 1944
Status Change Info
Sold Price/SqFt: 76.28
Status Change Date: 2025-12-31
Under Contract Date: 2025-09-22
Sold Date: 2025-12-31
Sold Price: $490,000
Parcel, Tax, HOA
Parcel Number: 173600 178.-7-11
Tax Annual Amount: 5700
Total Taxes Description: Actual
School District: Broadalbin-Perth
Association Y/N: No
Directions & Remarks
Directions: Heading West on McQueen Road from Rt. 30 - at intersection of McQueen and McKay, take left to head South down McKay Road, building is approximately 1/3 of mile on left hand side after the dip in the road.
Public Remarks: Spacious 6-unit rental property situated on 5 serene acres in the highly sought-after Broadalbin-Perth School District. This investment opportunity boasts a solid rental history, with several units featuring updated flooring and modernized kitchens. The property includes a large, rentable garage and an on-site office, adding extra convenience and income potential. Many of the furnaces have been updated, ensuring efficiency and tenant satisfaction. Enjoy the benefits of low annual taxes, just $5,700, enhancing your bottom line. Whether you're looking to expand your portfolio or start a new venture, this property combines strong income potential with room to grow!
Sewer
Septic Tank: 1
Architectural Style
Apartment 4 Plus Unit: 1
Electric
100 Amp Service: 1
Fencing
None: 1
Financial Details
General Taxes: 2338
General Taxes Description: Actual
School Taxes: 3362
School Taxes Description: Actual
Attic Features
Part: 1
Cooling
None: 1
Basement
None: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 1st
Full Bath 4: 1st
Full Bath 5: 1st
Full Bath 6: 1st
Lot Features
Cleared: 1
Level: 1
Wooded: 1
Construction Materials
Block: 1
Vinyl Siding: 1
Other Structures
Garage(s): 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Vinyl: 1
Showing Requirements
Agent to Accompany: 1
Lockbox: 1
Restricted Hours: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Asphalt: 1
Shingle: 1
Type of Well
Drilled: 1
Waterfront Features
Creek: 1
Heating
Forced Air: 1
Propane: 1
Income And Expenses
Rental Income: 5375
Rental Income Description: Actual
Interior Features
High Speed Internet: 1
Parking Features
Parking Total: 30
Stone: 1
Patio And Porch Features
Deck: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 7
Tenant Pays
Cable TV: 1
Electricity: 1
Heat: 1
Hot Water: 1
Internet: 1
Unit Information
Number Of Refrigerators: 6
Number Of Stoves: 6
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Fl
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Sewer: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd fl
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Water: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1st Fl
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1st fl
Lease Term MF Unit 4: 12 Months
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Sewer: 1
Water: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 1st fl
Lease Term MF Unit 5: Month To Month
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 3
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Sewer: 1
Water: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 1st fl
Total Rooms MF Unit 6: 4
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Sewer: 1
Trash: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Part
Basement: None
Construction Materials: Block; Vinyl Siding
Cooling: None
Electric: 100 Amp Service
Exterior Features: None
Fencing: None
Flooring: Carpet; Laminate; Tile; Vinyl
Heating: Forced Air; Propane
Interior Features: High Speed Internet
Levels: Two
Lot Features: Cleared; Level; Wooded
Other Structures: Garage(s)
Parking Features: Stone
Patio And Porch Features: Deck
Possession: At Closing
Roof: Asphalt; Shingle
Separate Utilities: Electric; Gas
Sewer: Septic Tank
Showing Requirements: Agent to Accompany; Lockbox; Restricted Hours; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Heat; Hot Water; Internet
Utilities: Cable Available
Type of Well: Drilled
Waterfront Features: Creek
Unit 1 Includes: Bathroom
Unit 1 Owner Furnish Features: Sewer; Water
Unit 2 Owner Furnish Features: Sewer; Water
Unit 4 Owner Furnish Features: Sewer; Water
Unit 5 Owner Furnish Features: Sewer; Water
Unit 6 Owner Furnish Features: Sewer; Trash

IDX
Listing Courtesy of Inglenook Realty Inc
Listing Agent: Michael DiMezza
518-775-0557 | michael.dimezza@gmail.com
Source MLS Verified

Information deemed reliable but not guaranteed.