$307,500
Fort Plain, NY 13339
MLS# 202522059
Status: Closed
12 beds
1 / 8
Property Description
Back on Market with Upgrades! Fully rented 6-unit multifamily offering $5,000/month in gross rental income—now enhanced with new electrical upgrades throughout the entire building. This turnkey investment is ideal for seasoned investors or first-time buyers looking for immediate cash flow and long-term upside. Each unit has a private balcony with scenic Haslett Park views, where concerts and community events are held year-round. Located in the heart of Fort Plain near shops, dining, and I-90 access. Tenants pay their own utilities, and off-street parking is included. Updated, income-producing, and ready to go—don't miss this opportunity!
Details
Maps
Contract Information
Original List Price: 299999
List Price/SqFt: 61.48
Status: Closed
Property Sub Type: Multi Family
Sold Price: $307,500
Current Price: $307,500
Listing Contract Date: 2025-07-19
Location
City/Town (Mail): Fort Plain
Street Number: 40
Street Name: River
Street Suffix: Street
County: Montgomery
State/Province: NY
Postal Code: 13339
Geo Lat: 42.932078
Geo Lon: -74.622849
Property Detail
Number Of Units Total: 6
Rooms Total: 30
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 5286
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area Source: See Remarks
Living Area: 5286
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 12
Bathrooms Full: 6
Year Built: 1960
Status Change Info
Type of Withdrawal: Withdrawn Temporarily
Sold Price/SqFt: 58.17
Status Change Date: 2025-12-02
Under Contract Date: 2025-08-08
Sold Date: 2025-11-21
Sold Price: $307,500
Parcel, Tax, HOA
Parcel Number: 46.46-2-39.000
Tax Annual Amount: 7066
Total Taxes Description: Estimated
School District: Fort Plain
Association Y/N: No
Directions & Remarks
Directions: From NY-5S, turn onto Main St in Fort Plain. Continue straight, then turn left onto River St. Property is on the right at 40 River St.
Public Remarks: Back on Market with Upgrades! Fully rented 6-unit multifamily offering $5,000/month in gross rental income—now enhanced with new electrical upgrades throughout the entire building. This turnkey investment is ideal for seasoned investors or first-time buyers looking for immediate cash flow and long-term upside. Each unit has a private balcony with scenic Haslett Park views, where concerts and community events are held year-round. Located in the heart of Fort Plain near shops, dining, and I-90 access. Tenants pay their own utilities, and off-street parking is included. Updated, income-producing, and ready to go—don't miss this opportunity!
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Financial Details
General Taxes: 1858
General Taxes Description: Estimated
School Taxes: 2784
School Taxes Description: Estimated
Village Taxes: 2424
Village Taxes Description: Estimated
Attic Features
Walk-Up: 1
Cooling
Window Unit(s): 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 3rd
Full Bath 6: 3rd
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Occupied: 1
Sign on Property: 1
Special Listing Conditions
Ownership: at closing
Water Source
Public: 1
Heating
Steam: 1
Income And Expenses
Rental Income: 5000
Rental Income Description: Monthly
Operating Expense: 13065
Net Operating Income: 46935
Levels
Tri-Level: 1
Separate Utilities
Other: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Fl
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st Fl
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd Fl
Total Rooms MF Unit 3: 6
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd Fl
Total Rooms MF Unit 4: 6
Total Bedrooms MF Unit 4: 3
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3rd Fl
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 3rd Fl
Total Rooms MF Unit 6: 5
Total Bedrooms MF Unit 6: 2
Total Full Baths MF Unit 6: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Walk-Up
Basement: Full
Construction Materials: Vinyl Siding
Cooling: Window Unit(s)
Exterior Features: None
Heating: Steam
Levels: Tri-Level
Possession: At Closing
Separate Utilities: Other
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Occupied; Sign on Property
Water Source: Public
Listing Courtesy of Core Real Estate Team
Listing Agent: Shyanna Logan
518-326-0840 |
518-326-0840 |
