Three-Unit Residential Income
1374 Helderberg Avenue Rotterdam, NY 12306
1374 Helderberg Avenue, Rotterdam, NY, 12306
$329,800
Pending
For Sale
$329,800
Pending
MULTI_FAMILY - Other - Rotterdam, NY
Property Size2,826 SF
Lot Size0.20 Acres
Days on Market44
Property Features for 1374 Helderberg Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 3
- Parking
- 6
- Parking features
- Garage
- Basement
- Unfinished
- Standard status
- Pending
- APN
- 422800 49.17-1-9
- Size
- 2,826 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10213
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1938
- Number of units
- 3
- Flooring type
- Carpet, Laminate
- Building materials
- Vinyl Siding
- Roof type
- Slate
- Architectural style
- Other
Listing agency
Gucciardo Real Estate LLC
(518) 221-9079
Listed by
Daniel Grebert · License #10401371037
(518) 441-8225
Added: Jun 9 Updated: Jun 11 at 1:39PM Checked: Jul 22 at 8:06PM
MLS# 202619139
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Rotterdam three-unit residential income property includes three separate apartments and a slate roof. Apartment 1 is a 1-bedroom, 1-bath unit currently occupied by a month-to-month tenant. Apartment 2 is a 2-bedroom, 1-bath unit that is vacant and recently renovated. Apartment 3 is a 3+ bedroom, 1.5-bath unit currently occupied by a month-to-month tenant. Separate utilities are provided for the units. The property also features a large fenced yard, off-street parking, and a 3-car garage; the garage is being sold as-is. Reported rent figures are $800 for Apartment 1 and $1,290 for Apartment 3.
The property is conveniently located near I-90 and is within the Mohonasen School District. The listing address is 1374 Helderberg Avenue in Rotterdam, NY 12306.
For tenants and buyers seeking a small multifamily setup, this layout offers a mix of occupancy, including one vacant renovated unit alongside two month-to-month tenancies. Separate utilities can be helpful for managing operating costs, and the fenced yard plus off-street parking and garage support more day-to-day convenience for residents. Showings for Apartment 3 are preferred after 5PM weekdays or Wednesday during the day, with showings for Apartments 1 and 2 also available after Wednesday 6/10.
The property is conveniently located near I-90 and is within the Mohonasen School District. The listing address is 1374 Helderberg Avenue in Rotterdam, NY 12306.
For tenants and buyers seeking a small multifamily setup, this layout offers a mix of occupancy, including one vacant renovated unit alongside two month-to-month tenancies. Separate utilities can be helpful for managing operating costs, and the fenced yard plus off-street parking and garage support more day-to-day convenience for residents. Showings for Apartment 3 are preferred after 5PM weekdays or Wednesday during the day, with showings for Apartments 1 and 2 also available after Wednesday 6/10.
Key Highlights
- Rotterdam 3‑unit with slate roof and vinyl siding; built in 1938
- Unit mix: Apt 1 (1 bed/1 bath, $800/month, month‑to‑month tenant), Apt 2 (2 bed/1 bath, vacant), Apt 3 (3+ bed/1.5 bath, $1290/month, month‑to‑month tenant)
- Apt 2 is recently renovated and ready for an owner‑occupant or to rent at market rate (separate utilities noted)
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.0k | $19.80 |
| − Vacancy | −$3.5k | −$1.23 |
| EGI | $52.5k | $18.57 |
| − OpEx | −$23.6k | −$8.36 |
| NOI | $28.9k | $10.21 |
2,826 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$459.8K
$402.3K – $536.4K
NOI $32,183 @ 7.0% cap · market cap 9.76%
Second Best
Apartment 5plus
$412.4K
$360.8K – $481.1K
NOI $28,867 @ 7.0% cap · market cap 8.75%
Theoretical Best
Office A
$845.9K
$740.1K – $986.8K
NOI $59,210 @ 7.0% cap · market cap 17.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit Rotterdam triplex near I-90 with fenced yard, off-street parking, and a slate roof.
Where is this triplex located?
The property is located at 1374 Helderberg Avenue Rotterdam, NY.
What is the asking price?
The asking price for this property is $329,800.
What are key features of this property?
This property features: Rotterdam 3‑unit with slate roof and vinyl siding; built in 1938; Unit mix: Apt 1 (1 bed/1 bath, $800/month, month‑to‑month tenant), Apt 2 (2 bed/1 bath, vacant), Apt 3 (3+ bed/1.5 bath, $1290/month, month‑to‑month tenant); Apt 2 is recently renovated and ready for an owner‑occupant or to rent at market rate (separate utilities noted)
