UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,862 sqft
Price per Sqft $50
MLS Listing ID 202622600
Bedrooms 8
Full Baths 2
HOA Y/N No
Year Built 1905
Annual Tax Amount $962
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Sub-Type Duplex
Source Global MLS
Property Description
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.
Location
State NY
County Montgomery
Zoning Multi Residence
Direction From Downtown, head north on Market st. Turn left on to Lincoln just passed the McDonalds. Property is located a few blocks in on the left.
Interior
Heating Forced Air, Natural Gas
Flooring Vinyl, Hardwood
Fireplace No
Exterior
Exterior Feature None
Parking Features Paved, Driveway
Utilities Available Cable Connected
Roof Type Slate
Porch Rear Porch, Side Porch, Enclosed, Front Porch
Building
Lot Description Level
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Amsterdam
Others
Tax ID 270100 39.16-6-17
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Nearby School & Business
Get More Information
Erin Steinbach
Lic. Associate R. E. Broker | License ID: 10301217507
Lic. Associate R. E. Broker License ID: 10301217507