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Listed by Sydney Palmatier • Next Chapter Real Estate Advisors LLC
$110,000
Est. payment /mo
12 Beds
6 Baths
5,943 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,943 sqft
Price per Sqft $18
MLS Listing ID 202528900
Bedrooms 12
Full Baths 6
HOA Y/N No
Year Built 1950
Annual Tax Amount $10,508
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Multi Family
Source Global MLS
Property Description
Excellent opportunity for investors or owner-occupants seeking a property in the heart of Fort Plain. This six-unit multifamily features three occupied apartments with long-term tenants, each with over 20 years of tenancy and payment history, providing steady income from day one. The remaining three units are vacant and require extensive renovation, offering strong potential for future rental growth and increased property value once improvements are made.
The property is located in a quiet residential area within walking distance to local shops, schools, and parks, with easy access to Route 5S and the NYS Thruway. Utilities are separately metered, and the lot does not require lawn care and very little snow removal.
This property is a great investment with proven income and significant upside—perfect for investors seeking long-term returns in a stable rental market.
The property is located in a quiet residential area within walking distance to local shops, schools, and parks, with easy access to Route 5S and the NYS Thruway. Utilities are separately metered, and the lot does not require lawn care and very little snow removal.
This property is a great investment with proven income and significant upside—perfect for investors seeking long-term returns in a stable rental market.
Location
State NY
County Montgomery
Direction From River Rd to State St
Interior
Heating Natural Gas
Exterior
Exterior Feature None
Garage Spaces 1.0
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
School District Fort Plain
Others
Tax ID 273001 46.46-2-38
Special Listing Condition Standard
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Erin Steinbach
Lic. Associate R. E. Broker | License ID: 10301217507
Lic. Associate R. E. Broker License ID: 10301217507