$170,750
Amsterdam, NY 12010
MLS# 202413166
Status: Closed
7 beds
1 / 56
Property Description
Turnkey investment opportunity in the heart of Amsterdam. 3 of the 4 units have recently remodeled, 2 new furnaces, and updated electrical. Generating 39,000 in annual income, this property offers immediate cash flow with 3 of the 4 units currently rented. Alleviate parking concerns with a 2-car detached garage and off-street parking.
Details
Maps
Documents
Contract Information
Original List Price: 179900
List Price/SqFt: 52.45
Status: Closed
Property Sub Type: Quadruplex
Sold Price: $170,750
Current Price: $170,750
Listing Contract Date: 2024-03-07
Location
City/Town (Mail): Amsterdam
Street Number: 48
Street Name: Milton
Street Suffix: Avenue
County: Montgomery
State/Province: NY
Postal Code: 12010
Geo Lat: 42.940916
Geo Lon: -74.180416
Property Detail
Rooms Total: 15
Bathrooms Half: 0
Garage Spaces: 2
Above Grade Finished Area: 3430
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Living Area: 3430
Lot Size Acres: 0.14
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 7
Bathrooms Full: 4
Year Built: 1970
Status Change Info
Sold Price/SqFt: 49.78
Status Change Date: 2024-04-29
Under Contract Date: 2024-03-11
Sold Date: 2024-04-29
Sold Price: $170,750
Parcel, Tax, HOA
Parcel Number: 56.5-1-42
Tax Annual Amount: 5875
Tax Section: 56.05
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 42
School District: Amsterdam
High School: Amsterdam
Association Y/N: No
Directions & Remarks
Directions: Route 67 to Amsterdam. Right on 4th Ave. Left on Milton Ave. House on Right.
Public Remarks: Turnkey investment opportunity in the heart of Amsterdam. 3 of the 4 units have recently remodeled, 2 new furnaces, and updated electrical. Generating 39,000 in annual income, this property offers immediate cash flow with 3 of the 4 units currently rented. Alleviate parking concerns with a 2-car detached garage and off-street parking.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
200+ Amp Service: 1
Circuit Breakers: 1
Fencing
None: 1
Financial Details
General Taxes: 5409
General Taxes Description: Estimated
School Taxes: 466
School Taxes Description: Estimated
Attic Features
Full: 1
Hatch: 1
Cooling
None: 1
Basement
Full: 1
Interior Entry: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Lot Features
Cleared: 1
Level: 1
Construction Materials
Vinyl Siding: 1
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Showing Requirements
Key: 1
Lockbox: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Shingle: 1
Water Source
Public: 1
Foundation Details
Stone: 1
Heating
Natural Gas: 1
Income And Expenses
Rental Income: 3350
Rental Income Description: Monthly
Total Income: 39100
Interior Features
Ceramic Tile Bath: 1
Parking Features
Parking Total: 8
Detached: 1
Driveway: 1
Garage: 1
Patio And Porch Features
Enclosed: 1
Porch: 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Internet: 1
Snow Removal: 1
Unit Information
Number Of Refrigerators: 4
Number Of Stoves: 4
Unit 1 Detail
Rent: 1000
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Unit 2 Detail
Rent: 900
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Working Only
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 3 Detail
Rent: 900
Rent Description Unit 3: Estimated
Lease Term Unit 3: Other
Occupant Type Unit 3: Vacant
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 4 Detail
Rent: 550
Rent Description Unit 4: Actual
Lease Term Unit 4: Month To Month
Occupant Type Unit 4: Tenant
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: Full; Hatch
Basement: Full; Interior Entry; Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Electric: 200+ Amp Service; Circuit Breakers
Exterior Features: None
Fencing: None
Flooring: Carpet; Laminate; Vinyl
Foundation Details: Stone
Heating: Natural Gas
Interior Features: Ceramic Tile Bath
Lot Features: Cleared; Level
Parking Features: Detached; Driveway; Garage
Patio And Porch Features: Enclosed; Porch
Possession: At Closing
Roof: Shingle
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Key; Lockbox; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Internet; Snow Removal
Utilities: Cable Available
Water Source: Public
Carbon 
Listing Courtesy of Oxford Property Group USA
Listing Agent: Shayna L Goodson
518-309-4455 |
518-309-4455 |
