42 Lincoln Avenue
Property Description
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. CASH BUYERS ONLYBroker Details
Mohawk Mills Real Estate Group (518) 774-5777
MLS ID: 30332 State License Number: 10491208635
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $145,000 |
| No. of Units: | 2 |
| Year Built: | 1905 |
| Lot Size: | 2,862.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $72,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 2 |
ID: 3yd-CRMLSNY-202622600
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