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Two-Family Home with Washer Hookups
For Sale
$145,000

42 Lincoln Avenue, Amsterdam, NY 12010

Two-unit residence offers four bedrooms per unit, separate washer and dryer hookups, and as-is condition with needed repairs.

Property Size2,862 SF
Price / SF$50.66
Days on Market13

Property Features for 42 Lincoln Avenue

General Information

Standard status Active
Size 2,862 SF
Property subtype Multi-family

Building Details

Year Built 1905
Buildings 1
Tenancy Multi
Abandoned No
Listing Agency: Mohawk Mills Real Estate Group
Listed By: Deana Mancini
Source: Signatureonerealtygroup
Added: Jul 22 Changed: Jul 29 Last Checked: Aug 2 at 3:20PM

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 Mohawk Mills Real Estate Group

Investment Insights

Based on property information with market context.

This spacious two-family home provides two separate residences, each featuring four bedrooms and one full bath. Units also include a formal living room and formal dining room, along with a generously sized kitchen with space for a dining table. Original hardwood floors run through the living areas and bedrooms, and the upper unit includes new luxury vinyl plank flooring in the kitchen. Separate washer and dryer hookups are included for both units. The property is being sold as-is and priced to reflect needed repairs and cosmetic updates, including roof replacement.

The home is in one of Amsterdam’s established multi-family neighborhoods and is convenient to a bus line, as well as nearby Lynch Middle School and McNulty Elementary School. Amenities along Market Street are also within walking distance.

Currently occupied by long-term Section 8 tenants, the property offers immediate rental income while allowing room for value-add through restoration and updates.

Key Highlights

  • Two‑family home built in 1905, currently occupied by long‑term Section 8 tenants
  • 4 bedrooms and 1 full bath in each unit, with formal living and formal dining rooms
  • Separate washer and dryer hookups for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service HVAC Service Big Box & Wholesale Store Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

507
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residence offers four bedrooms per unit, separate washer and dryer hookups, and as-is condition with needed repairs.
Where is this duplex located?
The property is located at 42 Lincoln Avenue Amsterdam, NY.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two‑family home built in 1905, currently occupied by long‑term Section 8 tenants; 4 bedrooms and 1 full bath in each unit, with formal living and formal dining rooms; Separate washer and dryer hookups for each unit
More about this property
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