40 Main St

Delhi, NY 13753

$260,000
Last Sold Price
8
Beds
3,368 Sq. Ft.
$77 / Sq. Ft.
3,368
Sq. Ft.
$77
per Sq. Ft.
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Closed 6/28/24
Closed 6/28/24

Description

Located steps from the State University of New York Delhi, this multi-family is a proven money maker. Over the years, the building has served as student housing. Recent renovations for year-round tenancy mean that apartments 2 and 3 are now fully rented. The 3368 square feet of living space is laid out into 8 bedrooms, 3 bathrooms, and 3 kitchens plus 3 distinct living room areas.  The building is in a prime location with proven financial success. .275 acres of central village land, great for off-street...Located steps from the State University of New York Delhi, this multi-family is a proven money maker. Over the years, the building has served as student housing. Recent renovations for year-round tenancy mean that apartments 2 and 3 are now fully rented. The 3368 square feet of living space is laid out into 8 bedrooms, 3 bathrooms, and 3 kitchens plus 3 distinct living room areas.  The building is in a prime location with proven financial success. .275 acres of central village land, great for off-street parking. The front 1046 square foot first floor apartment is currently a student rental with three bedrooms, kitchen, and a large central common area. Apartment 2 (front upstairs) is a similar 1000+ square feet with 3 beds, 1 full bath, large kitchen, a dining area, and a common living area. In the back of the property is a separate 2-bedroom unit with kitchen, bath, and a common area. Both apartments 2 and 3 are currently annual rentals. In the heart of the upcoming Delaware county seat, Delhi, NY, this income generator is ready for your management.
  1. Listed by Susan Muther • Keller Williams Upstate NY Properties
    P: (607)-746-3000 C: (607)-435-0470 susan@catskillcountryliving.com
  2. Listed by Hazen Reed • Keller Williams Upstate NY Properties
    P: (607)-746-3000 C: (607)-435-0736 hazen@catskillcountryliving.com

Property Details for 40 Main Street

Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Two Or More Spaces
Nearest Cross Street
Clinton Street
LISTING UPDATED: 04/15/2026 08:50 PM

Property Details for 40 Main Street

StatusClosed
MLS #R1487581
Days on Market254
Taxes$6,470 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1900
Lot Size0.28 AC / 12,012 SF
CountyDelaware County
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Location

Listing Courtesy of Keller Williams Upstate NY Properties

Sold By Coldwell Banker Timberland Properties

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Building Information for 40 Main Street

Stories2Residences3Year Built1900Building Size-Lot Size0.28 AC / 12,012 SF

Payment Calculator

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$1,848 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,309

Property Taxes

$539

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40 Main Street

Summary
Location and General Information
  • Elementary School District: Delaware Academy
  • High School District: Delaware Academy
  • Middle Or Junior School District: Delaware Academy
  • Village: Delhi-Village
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Delhi-Village-122801
  • Tax Annual Amount: $6,470.00
Property
Lot Information
  • Building Area Source: Appraiser
  • Building Area Total: 3368.0
  • Land Features: Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.2758
  • Lot Size Area: 0.2758
  • Lot Size Square Feet: 12012.0
  • Lot Size Units: Acres
  • Parcel Number: 122801-171-010-0005-009-000
  • Road Frontage: City Street
  • Lot Number: 9
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $86,600
  • Year Built: 1900
  • Year Built Description: Existing
  • Zoning Description: Residential Multi Use
Utilities
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 0
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Roof Description: Asphalt, Shingle
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 8
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Varies, Vinyl
  • Heating: Electric, Oil, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 3368.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $41,388.00
  • Net Operating Income: $25,628.00
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expenses: $9,290.00
  • Operating Expense Includes: Insurance, Licenses, Maintenance Structure, Maintenance, Other, See Remarks, Trash, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $1,400.00
  • Unit Type Leased YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1400
Unit 2
  • Unit Type Actual Rent: $949.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Dining Area With Living Room
  • Unit Type Total Rent: $949.00
  • Unit Type Leased YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 949
Unit 3
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Formal Dining Room,Living Room
  • Unit Type Total Rent: $1,100.00
  • Unit Type Leased YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1100
Rental
Rental Information
  • Rent Includes: Other, See Remarks, Water

Property History for 40 Main Street

DateEvent & SourcePriceAppreciation
Jun 28, 2024

Sold (Public Record)

Public Record #1535906563

$260,000—
Jun 28, 2024

Sold (Public Record)

Public Record #1535906563

$260,000—
Jun 28, 2024

Sold (Public Record)

Public Record #1535906563

$260,000—
DateEvent & SourcePrice
06/28/2024

Sold (Public Record)

Public Record #1535906563

$260,000
06/28/2024

Sold (Public Record)

Public Record #1535906563

$260,000
06/28/2024

Sold (Public Record)

Public Record #1535906563

$260,000

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

Public Records for 40 Main Street

Taxable ValueLand$12,000Additions$74,600Total$86,600
Tax Record2025$5,555 ($463 / month)
Home Facts
Lot Size12,012 SqFtStyleDuplexCountyDELAWAREAPN122801 171.10-5-9

Schools near 40 Main Street

This home is within Delaware Academy Central School District At Delhi.
Rating
School
Type
Grades
Distance
Delhi Elementary School
Public - PK to 5
Delaware Academy High School
Public - 6 to 12
Rating
School
Distance
Delhi Elementary School
PublicPK to 5

Delaware Academy High School
Public6 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 Keller Williams Upstate NY Properties

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale or lease on this webpage comes from the the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS. Real estate listings held by brokerage firms other than Compass are marked with a OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS or Ulster County Board of REALTORS Logo. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited. The accuracy of all information is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Information Copyright 2026, OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS. All rights reserved. Data last updated: 04/15/2026 08:50 PM