NOT LISTED FOR SALE

7 4th Ave Amsterdam, NY 12010

8 Beds
4 Baths
3,520 Sq Ft
7,405 Sq Ft Lot

Last Sold November 27, 2024

Last sale price $105,000 $30 Per Sq Ft

16 Days on Market

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • Baseboard Heating
  • No HOA
  • Bathroom on Main Level
  • Wood Siding

About This Home

As of November 2024

This four-unit multi-family property offers tremendous potential for the savvy investor. Two units are currently occupied, generating $1,000 per month in rental income each, while the remaining two units are vacant and ready for renovation. The property is in need of substantial updates, offering a blank canvas to transform it into a high-performing asset. Located in a market poised for growth, this is an ideal project for someone ready to capitalize on its potential. Don't miss this opportunity to build equity and maximize rental returns!

Last Agent to Sell the Property

Garret Hebert

Clancy Real Estate License #10401296141 Listed on: 09/11/2024

Last Buyer's Agent

Vanessa Vedder

Empire Real Estate Firm LLC License #10401388415

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 7,405 Sq Ft Lot
  • Cleared Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Wood Siding
  • Asphalt

Interior Spaces

  • 3,520 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking
  • Off-Street Parking

Schools

  • Amsterdam High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Baseboard Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Legal Lot and Block 50.000 / 3
  • Assessor Parcel Number 270100 56.5-3-50

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
  • Year Built: 1880
  • Directions: 7 4th Ave Amsterdam NY 12010
  • Above Grade Finished Sq Ft: 3520.0
  • Architectural Style: Traditional
  • Lot Size Acres: 0.17
  • Parking Features Parking Total: 4.0
  • Sale Detail Seller Contribution: No
  • Special Listing Conditions Ownership: 1987 Property MGMT LLC Dan Cantelmo
  • Rental Income: 3900.0
  • Rental Income Description: Monthly
  • Ownership: 1987 Property MGMT LLC Dan Cantelmo
  • Architectural Style:Traditional: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3520.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 2nd
  • Full Basement: Yes
  • Attic Features:Other54: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Other58: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Amsterdam

Lot Info

  • Lot Features: Cleared
  • Parcel #: 270100 56.5-3-50
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Electricity

Tax Info

  • Tax Annual Amount: 5908.4
  • Tax Block: 3
  • Tax Lot: 50.000

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • HighSchool: Amsterdam
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2024 11/27/24 Sold $105,000 -24.9% $30 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $139,900 0.0% $40 / Sq Ft
03/13/2017 03/13/17 Rented $650 0.0% --
02/17/2017 02/17/17 For Rent $650 0.0% --
08/17/2016 08/17/16 Sold $41,500 -16.8% $12 / Sq Ft View Prior Sale
06/26/2016 06/26/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $49,900 +24.8% $14 / Sq Ft
06/18/2015 06/18/15 Sold $40,000 -33.2% $11 / Sq Ft View Prior Sale
04/09/2015 04/09/15 Pending -- -- --
06/23/2014 06/23/14 For Sale $59,900 -- $17 / Sq Ft
Source: Global MLS

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 $1,905 $36,000 $4,800 $31,200
2023 $1,819 $36,000 $4,800 $31,200
2022 $1,744 $36,000 $4,800 $31,200
2021 $1,737 $36,000 $4,800 $31,200
2020 $1,630 $36,000 $4,800 $31,200
2019 $2,738 $36,000 $4,800 $31,200
2018 $2,738 $36,000 $4,800 $31,200
2017 $5,908 $36,000 $4,800 $31,200
2016 $1,589 $36,000 $4,800 $31,200
2015 -- $50,000 $4,800 $45,200
2014 -- $50,000 $4,800 $45,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202425220

Global MLS

APN: 270100 56.5-3-50