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Listed by Chad J Majewski • Chad Majewski Real Estate

$ 199,999

Est. payment -/mo

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96 Lyon Street Amsterdam, NY 12010

7 Beds

4 Baths

4,400 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $45

MLS Listing ID 202629457

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1870

Annual Tax Amount $4,941

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Quadruplex

Source Global MLS

Property Description

Attention Investors! Unlock the income potential of this four-unit investment property situated in the heart of Amsterdam's Rockton District! Built in 1870, this multifamily property offers a total of 8 bedrooms and 4 full bathrooms, aluminum siding, and ample off-street parking. Each unit features separate electric, furnace, and hot water, making this an attractive addition to any investment portfolio. Currently generating $2,400 per month in rental income, with the potential to exceed $4,000 per month with improvements and rental adjustments. While the property could benefit from some TLC, the opportunity for increased cash flow and long-term returns is substantial. Conveniently located within walking distance of public transportation, restaurants, bars, and major manufacturing employers. Public water and sewer add to the appeal. Whether you're looking to expand your portfolio or maximize rental income through renovations, this property offers tremendous upside potential. Bring your vision, capitalize on the opportunity, and put this four-unit investment to work for you! Don't let this income-producing opportunity pass you by!

Location

State NY

County Montgomery

Direction Amsterdam Exit 27 to Route 67/Church Street, Clizbe to Lyon Street.

Interior

Heating Natural Gas

Fireplace No

Exterior

Garage Spaces 2.0

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

New Construction No

Schools

School District Amsterdam

Others

Tax ID 270100 40.9-4-55

Special Listing Condition Standard

Evan Vadney

NYS Licensed Real Estate Salesperson

+1(518) 527-1708 | evanvadney@gmail.com

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