7-9 University Place , Amsterdam, NY 12010 (Montgomery County)

Size: 7.8 Acres

Type: House

Home: 7 beds - 7 full baths - 3 half baths - 6,995 Sq Ft

7.8 Acres in Amsterdam, NY - $850,000

Referred to as "The Mansion," there is potential for a 46 townhouse development on 7.8 acres. Lit tennis court, in ground pool, 41 seat movie theater, multiple fireplaces and soaring ceilings! Use the main house as a clubhouse or convert to condos, too. Sold turnkey. Currently rents out for $4995 USD per week or $995 per night in prime season. Only 40 min to Saratoga's Historic Horse Race Track. Min to shopping and restaurants, and Amsterdam Golf Course. Rental history and potential subdivision attached. Also a spectacular home and compound! List price is $850,000 with an opening bid of $699,000. Property may be sold any time prior to event. Offers are subject to Seller's approval. See RealtyHive for additional disclosures and details. Agent name is Allison Bradley.

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