348-350 Locust Avenue, Amsterdam, NY 12010

About This Property

This beautifully updated three-unit property offers a spacious and versatile layout. The first-floor unit features three bedrooms, a bonus office, two full bathrooms, multiple living areas, and laundry hookups. The second-floor rear unit includes two bedrooms and one bathroom, while the front unit (350) offers a well-sized one-bedroom layout. Each unit features generously sized rooms, providing comfort and flexibility for both tenants and owner-occupants. With off-street parking and ample street parking, the property delivers everyday convenience in a quiet, established neighborhood just minutes from local amenities, schools, and the hospital. Recent upgrades make this a true turnkey investment, including brand-new furnaces in all three units, fresh sheetrock and paint throughout, updated kitchens with marble countertops and stainless-steel appliances, durable vinyl flooring, and separate utilities with updated electrical service and panel boxes. With a functional layout and extensive improvements already completed, this is a move-in-ready investment with no projects or surprises. Whether you are an owner-occupant looking to offset your mortgage or an investor seeking strong returns, this property checks every box. The area continues to show solid rental demand, with comparable rents supporting an attractive cap rate, making it ideal for long-term rentals, Airbnb, or house hacking. All three units are currently vacant, giving you full control to select tenants or occupy a unit while generating income. Opportunities like this don't last. Schedule your private showing today and see why 348-350 Locust Ave is one of Amsterdam's smartest buys this season.