389 Mckay Rd Amsterdam, NY 12010
Estimated payment $3,513/month
Highlights
- Home fronts a creek
- Wooded Lot
- Bathroom on Main Level
- Deck
- No HOA
- Tile Flooring
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,700
Year Built
- Built in 1944
Lot Details
- 5 Acre Lot
- Home fronts a creek
- Level Lot
- Cleared Lot
- Wooded Lot
Parking
- 4 Car Garage
- Open Parking
Home Design
- Shingle Roof
- Block Exterior
- Vinyl Siding
- Asphalt
Interior Spaces
- 6,424 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 11 Bedrooms
- Bathroom on Main Level
- 6 Full Bathrooms
Outdoor Features
- Deck
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Propane
- 100 Amp Service
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 173600 178.-7-11
- Seller Concessions Offered
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,652 | $105,500 | $19,000 | $86,500 |
| 2023 | $5,863 | $105,500 | $19,000 | $86,500 |
| 2022 | $6,107 | $105,500 | $19,000 | $86,500 |
| 2021 | $6,207 | $105,500 | $19,000 | $86,500 |
| 2020 | $10,193 | $105,500 | $19,000 | $86,500 |
| 2019 | $8,675 | $105,500 | $19,000 | $86,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/04/2025 07/04/25 | Price Changed | $550,000 | -4.5% | $86 / Sq Ft |
| 05/24/2025 05/24/25 | Price Changed | $575,900 | -4.0% | $90 / Sq Ft |
| 05/14/2025 05/14/25 | Price Changed | $599,900 | -7.7% | $93 / Sq Ft |
| 03/23/2025 03/23/25 | Price Changed | $649,900 | -7.1% | $101 / Sq Ft |
| 01/20/2025 01/20/25 | For Sale | $699,900 | +141.3% | $109 / Sq Ft |
| 07/03/2019 07/03/19 | Sold | $290,000 | -15.9% | $45 / Sq Ft |
| 10/21/2018 10/21/18 | Price Changed | $345,000 | -1.1% | $54 / Sq Ft |
| 09/18/2018 09/18/18 | For Sale | $349,000 | -- | $54 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $290,000 | None Available | |
| Deed | $290,000 | None Available | |
| Interfamily Deed Transfer | -- | Paul L Wollman | |
| Interfamily Deed Transfer | -- | Paul L Wollman |
Source: Global MLS
MLS Number: 202510913
APN: 173600 178.-7-11
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