318 Reidel Road

Closed 2/1/21

Last Sold Price

$330,000

3,584 sqft$92/sqft

318 Reidel Rd, Perth, NY 12070

Description

Rare Investment Opportunity ! Great 4-Unit multi-family located in the Broadalin-Perth area of Fulton County. Large lot size of 2.2 acres with ample parking for tenants. This property pays for itself with annual rental income of $36,300. Property encompasses 3584 Sq ft of living space. Units include three(3) 2-Bedroom units and one(1)-1 Bedroom unit, each with living room, eat-in kitchen, bathroom, coat closet, linen closet, and utility closets. Lower level includes laundry room and individual unit...Rare Investment Opportunity ! Great 4-Unit multi-family located in the Broadalin-Perth area of Fulton County. Large lot size of 2.2 acres with ample parking for tenants. This property pays for itself with annual rental income of $36,300. Property encompasses 3584 Sq ft of living space. Units include three(3) 2-Bedroom units and one(1)-1 Bedroom unit, each with living room, eat-in kitchen, bathroom, coat closet, linen closet, and utility closets. Lower level includes laundry room and individual unit storage closets. Level lot with lots of green space and ample parking. ( Rental income includes Apt unit rental income of $28,800 plus two lot rentals with rental income of $7500). Don't Miss This One.

LISTING CLOSED: 02/01/2021 12:00 AM

Listed by Jacqueline Richardson-Melecio • Coldwell Banker Prime Properties
P: (518) 364-9747 C: (518) 364-9747 jacqueline.melecio@coldwellbankerprime.com

Property Details for 318 Reidel Road

Status

Closed

MLS #

202023505

Days on Market

Taxes

$8,903 / year

HOA Fees

Condo/Co-op Fees

Property Type

MLS Type

Year Built

1988

Lot Size

2.20 AC / 95,832 SF

County

Fulton County

Architectural Style

Apartment 4 Plus Unit

Waterfront

Parking Total

8.00

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Location

Listing Courtesy of Coldwell Banker Prime Properties

Sold By Coldwell Banker Prime Prop

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Building Information for 318 Reidel Road

Stories-Residences4Year Built1988Lot Size2.20 AC / 95,832 SF

Payment Calculator

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$2,419 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,677

Property Taxes

$742

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 318 Reidel Road

Summary

Location and General Information

Postal City: Amsterdam
Directions: I-90 West to Exit 27 ( Amsterdam N) to NY 30 , take NY 30N, Left on Log City Road, Right on McKay Road, Left on CR-107, Right on Reidel Road #318.

City: Perth
State Or Province: NY
Postal Code: 12010
County Or Parish: Fulton
Latitude: 43.01
Longitude: -74.24

Taxes and HOA

Association Fee: $.00
Association: No

Tax Lot: -5
Tax Block: -6
Parcel Number: 173600 165--6--5
Tax Tract: 165
Tax Annual Amount: $8,903.00

Parking

GarageSpaces: .00
Attached Garage: No

Parking Features: Off Street

School Information

School District: Broadalbin-Perth

Property

Property and Assessments

Property Type: MultiFamily
Property Type Label: MultiFamily

Lot Information

Lot Features: Level, Wooded, See Remarks, Corner Lot
Year Built: 1988

Lot Size Dimensions: 2.2
Above Grade Finished Area: 3584.0
Above Grade Finished Area Source: Tax Bill
Lot Size Acres: 2.2
Lot Size Area: 2.2
Lot Size Units: Acres
Lot Size Square Feet: 95832.0

Building Information

Living Area: 3584.0

Utilities

Water Source: Dug Well
Separate Utilities : Number Of Separate Electric Meters: 7

Separate Utilities : Number Of Separate Water Meters: 2

Interior and Exterior Features

Exterior Features

Senior Community: Yes

Interior Features

Heating: Baseboard, Natural Gas
Basement: None

Construction Materials: Aluminum Siding
Cooling: None
Cooling: No
Heating: Yes

Room Information

Bathrooms

Bathrooms Total Integer: 0
Bathrooms Total Decimal: .00

Bathrooms Total Notational: .00

Multi Family

Multi-Family Information

Number Of Units Total: 4
Unit Information : Number Of Dryers: 1

Unit Information : Number Of Refrigerators: 4
Unit Information : Number Of Stoves: 4
Unit Information : Number Of Washers: 1

Income & Expenses Information

Income And Expenses : Other Income: 7500.00
Income And Expenses : Other Income Description: Actual

Income And Expenses : Electric Expense Description: Tenant
Income And Expenses : Total Income: $36,300.00
Income And Expenses : Total Income Description: Actual
Income And Expenses : Gas Expense Description: Tenant

Unit Information

Unit 1

Unit Owner Furnish Features : Maintenance Grounds: Yes
Unit Owner Furnish Features : Sewer: Yes

Unit Owner Furnish Features : Snow Removal: Yes
Unit Owner Furnish Features : Trash: Yes
Unit Owner Furnish Features : Water: Yes
Unit Includes : Bathroom: Yes
Unit Includes : Kitchen: Yes
Unit Includes : Living Room: Yes
Unit Includes : Refrigerator: Yes
Unit Includes : Stove: Yes

Unit 2

Unit Owner Furnish Features : Maintenance Grounds: Yes
Unit Owner Furnish Features : Parking: Yes

Unit Owner Furnish Features : Sewer: Yes
Unit Owner Furnish Features : Snow Removal: Yes
Unit Owner Furnish Features : Trash: Yes
Unit Owner Furnish Features : Water: Yes
Unit Includes : Bathroom: Yes
Unit Includes : Kitchen: Yes
Unit Includes : Living Room: Yes
Unit Includes : Refrigerator: Yes
Unit Includes : Storage: Yes
Unit Includes : Stove: Yes

Unit 3

Unit Owner Furnish Features : Maintenance Grounds: Yes
Unit Owner Furnish Features : Parking: Yes

Unit Owner Furnish Features : Sewer: Yes
Unit Owner Furnish Features : Snow Removal: Yes
Unit Owner Furnish Features : Trash: Yes
Unit Owner Furnish Features : Water: Yes
Unit Includes : Bathroom: Yes
Unit Includes : Kitchen: Yes
Unit Includes : Living Room: Yes
Unit Includes : Refrigerator: Yes
Unit Includes : Storage: Yes
Unit Includes : Stove: Yes

Unit 4

Unit Owner Furnish Features : Maintenance Grounds: Yes
Unit Owner Furnish Features : Parking: Yes

Unit Owner Furnish Features : Sewer: Yes
Unit Owner Furnish Features : Snow Removal: Yes
Unit Owner Furnish Features : Trash: Yes
Unit Owner Furnish Features : Water: Yes
Unit Includes : Bathroom: Yes
Unit Includes : Kitchen: Yes
Unit Includes : Living Room: Yes
Unit Includes : Refrigerator: Yes
Unit Includes : Storage: Yes
Unit Includes : Stove: Yes

Unit 5

Unit Owner Furnish Features : Parking: Yes
Unit Includes : Storage: Yes

Property History for 318 Reidel Road

Date	Event & Source	Price	Appreciation
Feb 1, 2021	Sold GLOBAL MLS #202023505	$330,000	—
Aug 10, 2020	Pending GLOBAL MLS #202023505		—
Jul 24, 2020	Listed (Active) GLOBAL MLS #202023505	$330,000	—
Jun 11, 2004	Sold GLOBAL MLS #2325288	$168,700	—
Apr 1, 2004	Pending GLOBAL MLS #2325288		—
Oct 7, 2003	Listed (Active) GLOBAL MLS #2325288	$179,900	—

Date	Event & Source	Price
02/01/2021	Sold GLOBAL MLS #202023505	$330,000
08/10/2020	Pending GLOBAL MLS #202023505	—
07/24/2020	Listed (Active) GLOBAL MLS #202023505	$330,000
06/11/2004	Sold GLOBAL MLS #2325288	$168,700
04/01/2004	Pending GLOBAL MLS #2325288	—
10/07/2003	Listed (Active) GLOBAL MLS #2325288	$179,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 318 Reidel Road

Taxable ValueLand$20,700Additions$133,700Total$154,400

Tax Record2025$8,571 ($714 / month)

Home Facts

Total Finished SqFt3,584 SqFtAbove Grade Finished SqFt3,584 SqFtStories2Lot Size95,832 SqFtStyleMulti-Family Res (5+ Units)Year Built1988Zoning05 - COMMERCICountyFULTONAPN173600 165.-6-5

Schools near 318 Reidel Road

This home is within Broadalbin-Perth Central School District.


Rating	School	Type	Grades	Distance
6/10	Broadalbin Perth Intermediate School	Public - Serves this home	PK to 6	2.5 mi
8/10	Broadalbin Perth Junior/Senior High School	Public - Serves this home	7 to 12	3.9 mi
NR	The Learning Community At Broadalbin Perth	Public - Nearby school	PK to 2	3.9 mi


Rating	School	Distance
6/10	Broadalbin Perth Intermediate School PublicPK to 6 Serves this home	2.5 mi
8/10	Broadalbin Perth Junior/Senior High School Public7 to 12 Serves this home	3.9 mi
NR	The Learning Community At Broadalbin Perth PublicPK to 2 Nearby school	3.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 318 Reidel Road, Perth, NY 12070	$330,000	–	–	3,584	95,832
Perth Fitness Road, Fort Johnson, NY 12070	$18,000	–	–	–	152,460
340 Reidel Road, Fort Johnson, NY 12070	$17,500	–	–	420	52,272
104 Perth Fitness Road, Fort Johnson, NY 12070	–	3	3	2,548	54,886
217 Reidel Road, Perth, NY 12010	$85,000	–	–	–	1,276,308
Reidel Road, Fort Johnson, NY 12070	$70,000	–	–	–	609,840
333 Reidel Road, Amsterdam, NY 12010	–	3	1	1,064	20,473
337 Reidel Road, Amsterdam, NY 12010	–	2	1	960	52,272
118 Perth Fitness Road, Fort Johnson, NY 12070	$202,000	3	3	1,753	113,256
304 Reidel Road, Fort Johnson, NY 12070	$139,500	4	2	1,250	47,916
346 Reidel Road, Perth, NY 12070	$192,000	3	1	1,573	24,393
128 Perth Fitness Road, Fort Johnson, NY 12070	–	–	–	1,232	30,056
1303 County Highway 107, Amsterdam, NY 12010	–	3	2	1,260	87,120
131 Perth Fitness Road, Fort Johnson, NY 12070	–	3	1	1,573	108,029
294 Reidel Road, Fort Johnson, NY 12070	–	2	1	1,068	125,017
130 Perth Fitness Road, Fort Johnson, NY 12070	$260,000	3	2	2,000	78,408

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Listing Courtesy of Coldwell Banker Prime Properties

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