42 Lincoln Ave

Amsterdam, NY 12010
  • $145,000

    Price
  • 8

    Bed
  • 2

    Bath
  • 2,862

    SqFt

About the Listing o2870A - 30332

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.

Listing Highlights

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® 202622600
Year Built 1905
Total Square Footage 2,862
Lot/Acreage 0.11
County Montgomery
School District Amsterdam
High School Amsterdam

Interior Details

  • Bedrooms: 8
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces: 0
  • Floor: Vinyl,Hardwood
  • Above Ground Sq Ft: 2862
  • Below Ground Sq Ft: 0
  • Basement: Unfinished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Level
  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 50x100
  • Zoning: Multi Residence
  • Roof: Slate
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved,Driveway

Financial Details

  • Tax Amount: $962
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 270100 39.16-6-17
  • Tax Year: N/A

Payment Calculator

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42 Lincoln Ave Amsterdam, NY 12010

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Originating MLS: Global MLS

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