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$145,000
8 Beds 2 Baths 202622600 MLS
Opportunity awaits with this spacious two-family home located in one of Amsterdam's established multi-family neighborhoods. Does it needs a new roof? YES! Could it use some cosmetic updates? Yeah, that too! But for the savvy investor or owner-occupant willing to put in a little sweat equity, the upside is undeniable. Currently occupied by long-term Section 8 tenants who would love to remain, this property offers immediate rental income with significant value-add potential. Each unit features 4 bedrooms, 1 full bath, a formal living room, formal dining room, and a generously sized kitchen with space for a dining table. Original hardwood floors run throughout the living areas and bedrooms, just waiting to be restored to their former beauty. The upper unit also features new luxury vinyl plank flooring in the kitchen, and both units include separate washer and dryer hookups. Being sold as-is and priced to reflect the repairs needed, this is an excellent opportunity to build equity and maximize your investment. Conveniently located within walking distance to the bus line, Lynch Middle School, McNulty Elementary School, and the restaurants, shops, and conveniences along Market Street.

42 Lincoln Avenue

$185,000
6 Beds 2 Baths 202622272 MLS
This solid, well-maintained two-family home is the investment opportunity you've been waiting for! Each spacious flat features 3 bedrooms, a bright living room, formal dining room, butler pantry, kitchen with pantry, and a full bath, offering functional layouts that tenants and owner-occupants alike will appreciate. Enjoy the low-maintenance Trex front porch, rear porches, and a shared backyard complete with a cozy fire pit, perfect for relaxing or entertaining. Additional highlights include a detached two-car garage, paved driveway with abundant off-street parking, and a newer roof that's just 4 years old for added peace of mind. Both units will be delivered vacant at closing, giving the new owner the flexibility to set market rents, occupy one unit while generating income from the other, or add a strong asset to an investment portfolio. With each apartment previously renting for $1,350 per month, the income potential is already established. Lovingly cared for by the same owner for the past 49 years, this home reflects decades of pride in ownership, thoughtful maintenance, and meticulous care. Whether you're looking for your first investment property, a dependable addition to your portfolio, or an owner-occupied home that helps pay the mortgage, this exceptional property is ready for its next chapter.

16-18 Slater Street

$199,000
8 Beds 2 Baths 202620585 MLS
Investor Opportunity with Strong Income Potential! This spacious two-family property offers immediate cash flow and is an excellent addition to any investment portfolio. Recently updated throughout, the home features new vinyl flooring, refreshed plumbing, new appliances, and numerous additional improvements, providing a move-in-ready experience for tenants. Its unique layout offers an abundance of bedrooms, making it especially attractive for larger households or alternative rental strategies such as room-by-room leasing. With minimal outdoor space and no driveway to maintain, ownership costs and upkeep are kept to a minimum, helping maximize your return on investment. Don't miss this versatile income-producing property with strong rental appeal.

262 Division Street

$199,999
5 Beds 3 Baths 202619202 MLS
Excellent opportunity to own a versatile three-family property on Amsterdam's desirable south side, directly across from Lorenzo's! Whether you're looking for a place to call home, an investment property, or a combination of both, this property offers tremendous flexibility. Unit 1 is a spacious two-story apartment featuring one bedroom and generous living space. Unit 2 can be configured as either a large one-bedroom or comfortable two-bedroom unit while still maintaining ample living and dining areas. Unit 3 offers a large eat-in kitchen, two smaller bedrooms, and an oversized primary bedroom. Recent improvements include updated kitchens and bathrooms, newer flooring, updated electrical service, newer roof, and washer/dryer hookups in each unit. Outside, you'll find a fenced yard and two storage sheds. Conveniently located just steps from the Erie Canal Rail Trail and within easy access of shopping, restaurants, and major employers. With continued growth and new distribution centers along the Route 5S corridor, Amsterdam continues to present strong opportunities for both investors and owner-occupants alike.

62 Center Street

$189,900
6 Beds 2 Baths 202615663 MLS
Fully rented duplex situated on a generous double lot, presenting a strong investment opportunity with immediate cash flow or the flexibility for future owner-occupancy. Each unit offers thoughtfully updated kitchens with modern cabinetry, countertops, and fixtures, along with renovated bathrooms designed for both style and functionality. Spacious layouts provide comfortable living areas, ample natural light, and well-proportioned bedrooms that appeal to long-term tenants. The property features an attached 2-car garage, delivering convenient off-street parking and additional storage space--an attractive amenity for tenants. A large, freshly painted deck enhances the outdoor living experience, ideal for entertaining or relaxing while overlooking the expansive lot. The double lot also offers potential for future expansion, added outdoor features, or increased property value. Well-maintained throughout, this duplex reflects pride of ownership with consistent upkeep and tenant appeal. Located in a desirable area with easy access to local amenities, schools, and major routes, this property combines steady rental income, modern updates, and long-term growth potential--making it a standout option for both seasoned investors and owner-occupants alike.

8 McCleary Avenue

$215,000
5 Beds 2 Baths 202615167 MLS
Nestled in the heart of Amsterdam's vibrant Southside, this fully rented multi-unit property blends reliable income with undeniable charm, generating $28,000+ annually while offering a lifestyle as appealing as the numbers. The spacious 2-bedroom units commands $1,200 per month, both thoughtfully updated with modern kitchens and beautifully remodeled bathrooms that today's tenants appreciate. Outside, dual porches invite quiet mornings with coffee or relaxed evenings overlooking the neighborhood, while both on- and off-street parking add everyday convenience. Just moments away, the energy of the Southside comes alive with popular bars, local restaurants, and scenic access to Riverlink Park by way of the Mohawk Valley Gateway Overlook and its newly constructed boardwalk. Whether you're an investor seeking a solid, turn-key addition to your portfolio or an owner-occupant looking to offset your mortgage with strong rental income, this property offers the rare combination of stability, location, and lifestyle appeal.

54 Arch Street

$295,000
8 Beds 5 Baths 202613435 MLS
Take a look at this victorian home with 4 apartments in the main house & 1 apartment in the carriage house above the garage. The home sits on a half acre that spans from Guy Park Ave to Stewart St. with driveways providing access from both the front & the rear of the property. The main house - 1st floor is a large 2 bedroom apartment with expansive kitchen, dining room, living room, full bath and 1 finished room in the basement that used to have full bath (current condition unknown, as it hasn't been used in years. This tenant has lived here for 27 years! 2nd floor has 2 - 1 bedroom apartments & 3rd floor has a 2 bedroom apartment. Apartments in main house have separate electrical but share a furnace. Carriage house has a 2 car garage & upstairs - a 2 bedroom apartment with new furnace. Seller is open to owner financing.

253 Guy Park Avenue

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