Sold
Last Sold Price
3,584 sqft$92/sqft
318 Reidel Rd, Perth, NY 12070
2.2 acresLot Size
1988Year Built
$92/sq ftPrice per sq ft
8 carsParking Spaces

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.
  • Listed by: Jacqueline Richardson-Melecio 518.364.9747 jacqueline.melecio@coldwellbankerprime.com • Coldwell Banker Prime Properties
Listing closed: 02/01/2021 12:00 AM • Source: GLOBAL MLS, MLS#: 202023505

Location

Listing Courtesy of Coldwell Banker Prime Properties

Sold By Coldwell Banker Prime Prop

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$2,419 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,677

Property Taxes

$742

HOA Dues

$0

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Property Information for 318 Reidel Road

Property Details
  • Taxes: $8,903 / year
  • Architectural Style: Apartment 4 Plus Unit
  • Waterfront: No
  • Parking Total: 8.00
Building Information
  • Residences: 4
  • Year Built: 1988
  • Lot Size: 2.20 AC / 95,832 SF
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

DateEvent & SourcePriceAppreciation
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—
DateEvent & SourcePrice
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

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
Public - PK to 6
Public - 7 to 12
Public - PK to 2
Rating
School
Distance
Broadalbin Perth Intermediate School
PublicPK to 6

Broadalbin Perth Junior/Senior High School
Public7 to 12

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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Listing Courtesy of Coldwell Banker Prime Properties

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