96 Lyon Street, Amsterdam, NY 12010

New - 18 Hours Ago

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Property Description

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!

96 Lyon Street | MLS# 202629457

This multi-family property located at 96 Lyon Street, Amsterdam, NY 12010 is currently listed for sale with an asking price of $199,999. Lyon Street is located within the Amsterdam school district. Search Amsterdam real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Garage: 2
Heating: Natural Gas
Home Style: Traditional
Lot Size: 0.19 Acres
Taxes: $4,941
Year Built: 1870

Feature Descriptions

Exterior: Aluminum Siding
Parcel #: 270100 40.9-4-55
Parking Total: 6
Parking Total: 6
Sewer: Public Sewer
SQFT Above Grade Finished: 4400
Water: Public

Local Schools

High School: Amsterdam
School District: Amsterdam

Estimate Your Payment

Estimated Payment

$ 915.20 per month $445.11 Principal & Interest $411.75 Property Tax $58.33 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Chad Majewski Real Estate
Agency Phone: 1 518-774-0437

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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