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Property Details - Glens Falls Real Estate

493 Glen Street, Glens Falls, NY 12801 Price: $629,900


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Multi-Family Home
Bedrooms: 9
Bathrooms: 6
Square Feet: 4,475
Taxes: $10,959
Year Built: 1975
MLS Number: 202526692

 Community Info:
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  Directions
Glen St (Route 9), just north of the the sanford intersection
  Description

Exceptional investment opportunity in the heart of Glens Falls! This fully occupied 5-unit multifamily property also includes a bonus office space, providing additional income potential or flexible use. With a strong rental history, the building generates approximately $75,000 in annual gross income and has proven to be consistently easy to rent when vacancies arise. Tenants benefit from ample off-street parking, direct access to the bus line, and the convenience of walking distance to downtown shops, dining, and entertainment. The property has been professionally managed and a manager is in place if the new owner desires a seamless transition. Long-term tenants and solid cash flow make this a turnkey addition to any portfolio. Whether you're looking to expand your current holdings or step into multifamily ownership, this property checks all the boxes for stability, location, and income.

  Features
  • High school: Glens Falls
  • Electric heat
  • Natural gas heat
  • Off street parking
  • Wood exterior
  • Lot acreage is: 0.28
  • Lot sqft: 12196.8
  • Lot number: 15.000
  • Full basement
  • Public sewer
  • Public water
  • Units in building(s): 6
  • Total square feet: 4475
  • Total above grade finished sq ft: 4475
  • Living square feet: 4475
  • Property style: Apartment 4 Plus Unit
  • For sale
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     Mortgage Payments
    The approximate monthly Principal & Interest payment for this property would be $2,017.39.
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    Click here to contact our Coldwell Banker Mortgage representative.
    Coldwell Banker Mortgage
    (802) 770-5990
    Courtesy of:
    Howard Hanna
    Sean Rogge
    (518) 798-3636

    All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.