312 Division Street, Amsterdam, NY 12010

Property Description

Rare opportunity to acquire a value-add duplex in a desirable Amsterdam location. Conveniently situated near Lynch Middle School, West Main Street, shopping, restaurants, and multiple bus routes, this property offers significant upside potential for investors, contractors, and rehabbers. The building consists of two 2-bedroom, 1-bath units, each with its own hot water tank. While the property still requires additional renovations and improvements, the current owner has already completed several major projects, providing a strong head start for the next owner. Updates include an expanded living area with the addition of a large room, renovation of the entire second floor, passed electrical and plumbing inspections, an updated kitchen, renovated living room, remodeled bathroom with a new vanity, and a renovated attic with increased storage space. With many key improvements already completed and additional value still to be unlocked, this property presents an excellent opportunity for a fix-and-hold investor, BRRRR strategy, or value-add rental project. The desirable location and flexible layout provide a solid foundation for creating long-term equity and cash flow. Cash or renovation financing preferred. Bring your contractor and vision--there is still work to be done, but much of the groundwork has already been started.