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Off market
  • $372,300

    38 Division St, Amsterdam, NY 12010

    22beds
    6,816sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $372,300 Zestimate®
    $55/sqft
    $1,177 Estimated rent

    Owner options

    List your home for rent

    $1,177/mo

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    $1,177/mo

    Rent Zestimate®

    Refinance and save

    $2,695/mo

    Est. payment

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    $2,695/mo

    Est. payment

    What's special

    For developers and investors: A beautiful 10-unit, 3-story brick building at a great location in Amsterdam, NY. Close to an exit of Highway 5; ideal for long-term or short-term lease. It needs a complete renovation, but a full set of architectural drawings is available with the sales. The plan includes two 4-bedroom units, six 2--bedroom units, and two 1-bedroom units in the building. The current owner has other business to run and is sorry to let go this development opportunity. Rough estimate/forecast: Total Construction Cost: $200k - $250k Annual Gross Income of 10 Units? Rental: $90k Cap Rate: 15% or higher

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 22
    • Bathrooms: 10
    • Full bathrooms: 10
    Interior area
    • Total interior livable area: 6,816 sqft

    Property

    Lot
    • Size: 3,920 sqft

    Construction

    Type & style
    • Home type: MultiFamily

    Community & neighborhood

    Location
    • Region: Amsterdam