$199,999
FOR SALE96 Lyon Street, Amsterdam, NY 12010
Amsterdam, Ny, 12010
MLS #202629457
Subdivision: -
Building: -
7 Beds
4/- Baths
4400 sqft
$ 45.45 /sqft
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!
-
The data relating to real estate for sale on this web site comes in part from various real estate boards and MLSs across the United States.
Information is deemed reliable but not guaranteed. Copyright, all rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Listing Courtesy of: Chad Majewski Real Estate
