389 McKay Road Amsterdam, NY ^$ 550,000

389 McKay Road

^$ 550,000

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389 McKay Road

Amsterdam, NY, 12010

^$ 550,000

Bedrooms11 Baths6.0 Sq 6,424

Monthly Estimate*

^$ 3,431

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Multi-Family Home for sale in Amsterdam, NY

for $550,000 with 11 bedrooms and 6 full baths. This 6,424 square foot home was built in 1944 on a lot size of 5.

Spacious 6-unit rental property situated on 5 serene acres in the highly sought-after Broadalbin-Perth School District. This investment opportunity boasts a solid rental history, with several units featuring updated flooring and modernized kitchens. The property includes a large, rentable garage and an on-site office, adding extra convenience and income potential. Many of the furnaces have been updated, ensuring efficiency and tenant satisfaction. Enjoy the benefits of low annual taxes, just $5,700, enhancing your bottom line. Whether you're looking to expand your portfolio or start a new venture, this property combines strong income potential with room to grow!

Multi-Family Pending

Price

^$ 550,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,700

Style

Apartment 4 Plus Unit

Lot Size

Year Built

1944

Town/City

Amsterdam

County/Region

Montgomery

MLS | Web ID

202510913

Features

Interior

Interior Amenities High Speed Internet

Basement None

Flooring Vinyl Tile Carpet Laminate

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Above Grade Finished Area 6424.0

Half Baths 0

Total Bedrooms 11

Below Grade Finished Area 0.0

Below Grade Finished Area Source Public Records

Above Grade Finished Area Source Public Records

Total Baths 6

General

Sewer Septic Tank

Heating Forced Air Propane

Cooling None

Utilities Cable Available

Possession At Closing

Roof Shingle Asphalt

Garage Spaces 4.0

Patio/Porch Features Deck

Architectural Style Apartment 4 Plus Unit

Construction Materials Block Vinyl Siding

Year Built 1944

Electric 100 Amp Service

Tenant Pays Hot Water Heat Internet Cable TV Electricity

Property Subtype Multi Family

Waterfront Features Creek

County Fulton

New Construction N

Property Type MultiFamily

HOA N

Attached Garage N

Other Structures Garage(s)

Full Baths 6

Status Pending

Buyer Financing Seller Financing

Directions Heading West on McQueen Road from Rt. 30 - at intersection of McQueen and McKay take left to head South down McKay Road building is approximately 1/3 of mile on left hand side after the dip in the ro

City Perth

High School District Broadalbin-Perth

Number Of Units Total 6

Lot Size Units Acres

Lot Size Square Feet 217800.0

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 5700.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Concessions Yes

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Pending

Tax Assessed Value 0

Exterior

Exterior Amenities None

Fencing None

Parking Features Stone

Lot Features Level Wooded Cleared

Total Parking 30.0

Lot Size Area 5.0

Spa N

Lot Size Acres 5.0

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 389

* Excluded Features

List By

Michael DiMezza

Listing Agent

Inglenook Realty Inc

Broker

(518) 775-0557

Phone

michael.dimezza@gmail.com

Affordability Calculator

$3,906

Per Month

Monthly Principal & Interest: $3,431
Monthly Property Taxes: $475
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Amsterdam, NY

Average List Price ^$190,698

Percent of Sale Price 65%

About Amsterdam, NY

28,752 Population

0% Since 2002

^$44,506 Median Income

41.79 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853447 Elementary School

853205 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/4/2025	$550,000	-4.50%	Price Down
5/24/2025	$575,900	-4.00%	Price Down
5/14/2025	$599,900	-7.69%	Price Down
3/23/2025	$649,900	-7.14%	Price Down
1/20/2025	$699,900		Listed Price

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389 McKay Road, Amsterdam, NY, 12010 is a Multi-Family Home for sale at $550,000 with 6,424 sqft and a lot size of 5. 389 McKay Road has 11 bedrooms, 6.0 baths, and was built in 1944. The property's zip code is 12010 which is in Amsterdam, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 12/22/2025.

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389 McKay Road

Multi-Family Home for sale in Amsterdam, NY

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