$145,000
Amsterdam, NY 12010
MLS# 202622600
Status: Pending
8 beds
1 / 34
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. CASH BUYERS ONLY
Details
Maps
Contract Information
Status: Pending
Property Sub Type: Duplex
Original List Price: 145000
List Price: $145,000
Current Price: $145,000
Listing Contract Date: 2026-07-24
List Price/SqFt: 50.66
Location
Street Number: 42
Street Name: Lincoln
Street Suffix: Avenue
County: Montgomery
State/Province: NY
Postal Code: 12010
City/Town (Mail): Amsterdam
Geo Lat: 42.947263
Geo Lon: -74.189989
Property Detail
Rooms Total: 14
Bedrooms Total: 8
Bathrooms Full: 2
Year Built: 1905
Above Grade Finished Area: 2862
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Living Area: 2862
Zoning: Multi Residence
Lot Size Dimensions: 50x100
Lot Size Acres: 0.11
Main Road Frontage: 50
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-09-04
Under Contract Date: 2026-09-03
Proposed Closing Date: 2026-11-02
Financial Details
General Taxes: 4359.22
General Taxes Description: Estimated
School Taxes: 1398.01
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Parking Features
Parking Total: 3
Separate Utilities
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Unit Information
Number Of Refrigerators: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1000
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 7
Total Bedrooms MF Unit 1: 4
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1000
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 7
Total Bedrooms: 4
Bedrooms on 1st Floor: 4
Total Full Baths: 1
Full Baths 1st Floor: 1
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 940
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 940
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 7
Total Bedrooms: 4
Bedrooms on 2nd Floor: 4
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: Walk-Up
Basement: Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Duplex Type: Up And Down
Exterior Features: None
Flooring: Hardwood; Vinyl
Foundation Details: Stone
Heating: Forced Air; Natural Gas
Laundry Features: Laundry Closet
Levels: Two
Listing Terms: Cash
Lot Features: Level
Parking Features: Driveway; Paved
Patio And Porch Features: Enclosed; Front Porch; Rear Porch; Side Porch
Possession: At Closing
Roof: Slate
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Occupied; Pet(s) on Premises; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat
Utilities: Cable Connected
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Storage; Washer Hookup
Unit 1 Owner Furnish Features: Sewer; Trash; Water
Unit 1 Dining Room Type: Formal Dining Room
Unit 1 Appliances: Refrigerator
Unit 2 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Storage; Washer Hookup
Unit 2 Dining Room Type: Formal Dining Room
Listing Courtesy of Mohawk Mills Real Estate Group
Listing Agent: Deana Mancini
518-774-5777 | Deana@MohawkMills.com
518-774-5777 | Deana@MohawkMills.com
