$325,000
PENDING

642 E Main St Cobleskill, NY 12043

Estimated payment $2,228/month

Total Views 3,826
16 Beds
5 Baths
4,120 Sq Ft
$79 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Shed
  • Corner Lot
  • Bathroom on Main Level
  • Space Heater

About This Home

Excellent investment opportunity. Five apartments, two buildings. Totally remodeled in 2013 and 2014. Three units were gut renovated. Great cash flow with gross rents over $60,000/year and a net operating Income of $41,000. Central Cobleskill location. Walking distance to all services. This is a Must See Investment!

Listing Agent

Matthew Loder

Country Boy Realty License #10311204132 Listed on: 04/08/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,931

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts a private road
  • Corner Lot

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,120 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Linoleum
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Bathroom on Main Level
  • 5 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Space Heater
  • 200+ Amp Service
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 12 / 3
  • Assessor Parcel Number 432600 68.6-3-12

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Insurance Expense $2,708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,931

Year Built

Built in 1928

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1928
  • Directions: Main Street, corner of Spring Street
  • Above Grade Finished Sq Ft: 4120.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 1647.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2510.0
  • School Taxes Description: Estimated
  • Financial Details Village Taxes: 840.0
  • Village Taxes Description: Estimated
  • Lot Size Acres: 0.1
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Actual
  • Income And Expenses Miscellaneous Expense: 1344.0
  • Miscellaneous Expense Description: Actual
  • Rental Income: 60644.0
  • Rental Income Description: Actual
  • Income: 60644.0
  • Number of Refrigerators: 5
  • Unit Information Number Of Stoves: 5
  • Subdivision Name: Select One
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Linoleum, Wood, Vinyl
  • Basement: Full
  • Interior Amenities: High Speed Internet
  • Full Bathrooms: 5
  • Total Bedrooms: 16
  • Living Area: 4120.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 3rd

Exterior Features

  • Exterior Features: None
  • Roof: Metal
  • Construction Type: Vinyl Siding
  • Fencing: None
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 200+ Amp Service
  • Heating: Space Heater
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Fee Information

  • Annual Water Sewer Expense: 4234.0

Schools

  • Junior High Dist: Cobleskill-Richmondville

Lot Info

  • Lot Features: Corner Lot, Road Frontage
  • Parcel #: 432600 68.6-3-12
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Heat, Hot Water

Multi Family

  • Insurance Expense: 2708.0
  • Number Of Units Total: 5
  • Maintenance Expense: 5169.0

Tax Info

  • Tax Annual Amount: 5931.0
  • Tax Block: 3
  • Tax Lot: 12

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $5,833 $100,000 $5,700 $94,300
2024 $5,833 $100,000 $5,700 $94,300
2023 $5,106 $100,000 $5,700 $94,300
2022 $5,536 $100,000 $5,700 $94,300
2021 $4,335 $100,000 $5,700 $94,300
2020 $5,472 $100,000 $5,700 $94,300
2019 $5,366 $100,000 $5,700 $94,300
2018 $5,366 $100,000 $5,700 $94,300
2017 $5,431 $100,000 $5,700 $94,300
2016 $5,323 $100,000 $5,700 $94,300
2015 -- $100,000 $5,700 $94,300
2014 -- $100,000 $5,700 $94,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2026 05/04/26 Pending -- -- --
04/08/2026 04/08/26 For Sale $325,000 0.0% $79 / Sq Ft
03/24/2026 03/24/26 Off Market $325,000 -- --
03/06/2026 03/06/26 For Sale $325,000 +109.7% $79 / Sq Ft
03/08/2013 03/08/13 Sold $155,000 -8.8% $38 / Sq Ft View Prior Sale
01/01/2013 01/01/13 Pending -- -- --
08/15/2012 08/15/12 For Sale $169,900 -- $41 / Sq Ft
Source: Global MLS

Source: Global MLS

MLS Number: 202612931

Global MLS
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