Search
Four-Unit Residential Income Property
For Sale
$174,900
Pending

500 AMSTERDAM CMNS, Amsterdam, NY 12010

Four-unit residential income property presented as turn-key with current below-market rents.

Property Size2,856 SF
Days on Market1160

Property Features for 500 AMSTERDAM CMNS

General Information

Standard status Pending
Size 2,856 SF
Property subtype Multi-Family

Additional Details

Business Included Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $6,807

Amenities

Gas
Full
3
Vinyl
Corner Lot.
57X68
Corner.

Building Details

Year Built 1970
Tenancy Multi
Listing Agency: RE/MAX Solutions
Listed By: Jonathan Lanahan · License #10401298349
Source: Xome
Added: Jul 8, 2023 Changed: Sep 2 Last Checked: Sep 8 at 3:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Solutions

Investment Insights

Based on property information with market context.

This offering is a four-unit residential income property presented for sale. The property is described as being in great shape and currently generating cash flow, with rents noted as below market. The seller characterizes the asset as turn-key for an investor.

The property is located at 500 Amsterdam Cmns in Amsterdam, New York.

With four separate units, this multifamily building provides a straightforward rental configuration for buyers seeking a small residential income asset.

Key Highlights

  • 4‑unit residential income property
  • Built in 1970
  • Corner lot with 57 x 68 lot dimensions

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Fish Market Food Market Spa & Massage Center Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 12010, NY

28,845
Population
13,436
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
89%
High-School Grad
128.3 sq mi
ZIP Area
225
Density / Sq Mi
$60,013
Median Household Income
$40,664
Median Earnings
$952
Median Rent
$161,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential income property presented as turn-key with current below-market rents.
Where is this quadplex located?
The property is located at 500 AMSTERDAM CMNS Amsterdam, NY.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 4‑unit residential income property; Built in 1970; Corner lot with 57 x 68 lot dimensions
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message