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About This Home

This 4-bedroom, 2-bathroom residential multi family at 312 Division Street in Amsterdam, NY is listed for $124,900 ($73 per sqft). Built in 1860, the home offers 1,704 sqft of living space on a 0.12 acres lot.

Agent Description

Rare opportunity to acquire a value-add duplex in a desirable Amsterdam location. Conveniently situated near Lynch Middle School, West Main Street, shopping, restaurants, and multiple bus routes, this property offers significant upside potential for investors, contractors, and rehabbers.

The building consists of two 2-bedroom, 1-bath units, each with its own hot water tank. While the property still requires additional renovations and improvements, the current owner has already completed several major projects, providing a strong head start for the next owner.

Updates include an expanded living area with the addition of a large room, renovation of the entire second floor, passed electrical and plumbing inspections, an updated kitchen, renovated living room, remodeled bathroom with a new vanity, and a renovated attic with increased storage space.

With many key improvements already completed and additional value still to be unlocked, this property presents an excellent opportunity for a fix-and-hold investor, BRRRR strategy, or value-add rental project. The desirable location and flexible layout provide a solid foundation for creating long-term equity and cash flow. Cash or renovation financing preferred. Bring your contractor and vision--there is still work to be done, but much of the groundwork has already been started.

Key Features

  • Built in 1860
  • 0.12 acre lot
  • 4 parking spaces

Property Details

2 full
4 spaces
1860

Amenities

Hardwood

Monthly Cost Estimate

$668/mo

20% down · 6.5% · 30 years

Principal$90
Interest$541
Insurance$36

Estimates only. Actual payments may vary.

Location

312 Division Street

Amsterdam, NY 12010

Property Details

Flooring

VinylHardwood

Construction

Block

Parking

Driveway

Heating

BaseboardOil

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 312 Division Street is listed at $124,900 ($73/sqft). The estimated monthly payment is $541 based on 20% down at 6.5% interest.

Key features include: Built in 1860, 0.12 acre lot, 4 parking spaces.

This property is listed by Jeury Lugo and can be reached at 5183351032 or jeurylugo@kw.com.

JL

Jeury Lugo

Agent at KW Platform

(518) 335-1032

Listed by KW Platform · View on Broker Site

MLS# 202619432· Source: listhub· Updated 2 days ago

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312 Division Street, Amsterdam, NY 12010

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