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  • $490,000

    389 McKay Road, Amsterdam, NY 12010

    11beds
    6,424sqft
    Multi Family, Apartment
    Built in 1944
    -- sqft lot
    $-- Zestimate®
    $76/sqft
    $2,711 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,711/mo

    Zestimate® history
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    $2,711/mo

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    $3,396/mo

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    $3,396/mo

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    What's special

    Spacious 6-unit rental property situated on 5 serene acres in the highly sought-after Broadalbin-Perth School District. This investment opportunity boasts a solid rental history, with several units featuring updated flooring and modernized kitchens. The property includes a large, rentable garage and an on-site office, adding extra convenience and income potential. Many of the furnaces have been updated, ensuring efficiency and tenant satisfaction. Enjoy the benefits of low annual taxes, just $5,700, enhancing your bottom line. Whether you're looking to expand your portfolio or start a new venture, this property combines strong income potential with room to grow!

    Zillow last checked: 8 hours ago

    Listing updated: December 31, 2025 at 09:55am

    Listed by:

    Michael DiMezza 518-775-0557,

    Inglenook Realty Inc,

    Kathleen M Gordon 518-365-5137,

    Inglenook Realty Inc

    Bought with:

    Michael DiMezza, 10401305869

    Inglenook Realty Inc

    Source: Global MLS,MLS#: 202510913MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Forced Air, Propane
    Cooling
    • None
    Features
    • High Speed Internet
    • Flooring: Vinyl, Tile, Carpet, Laminate
    • Basement: None
    Interior area
    • Total structure area: 6,424
    • Total interior livable area: 6,424 sqft
    • Finished area above ground: 6,424
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 30
    • Parking features: Stone
    • Garage spaces: 4
    Features
    • Patio & porch: Deck
    • Exterior features: None
    • Fencing: None
    • Waterfront features: Creek
    Lot
    • Size: 5 Acres
    • Features: Level, Wooded, Cleared
    Details
    • Additional structures: Garage(s)
    • Parcel number: 173600 178.711
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    • Attached to another structure: Yes
    Materials
    • Block, Vinyl Siding
    • Roof: Shingle,Asphalt
    Condition
    • Year built: 1944

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Septic Tank
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Amsterdam

    Price history

    DateEventPrice
    12/31/2025Sold$490,000-10.9%$76/sqft
    Source: Global MLS #202510913
    9/25/2025Pending sale$550,000$86/sqft
    Source: Global MLS #202510913
    7/4/2025Price change$550,000-4.5%$86/sqft
    Source: Global MLS #202510913
    5/24/2025Price change$575,900-4%$90/sqft
    Source: Global MLS #202510913
    5/14/2025Price change$599,900-7.7%$93/sqft
    Source: Global MLS #202510913

    Public tax history

    YearProperty taxesTax assessment
    2018$8,675 $105,500
    2017$8,675 $105,500
    2016-- $105,500

    Find assessor info on the county website

    Neighborhood: 12010

    Nearby schools

    GreatSchools rating