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Listed by Sean Rogge • Howard Hanna

$ 629,900

Est. payment -/mo

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New

493 Glen Street Glens Falls, NY 12801

9 Beds

6 Baths

4,475 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,475 sqft

Price per Sqft $140

MLS Listing ID 202526692

Bedrooms 9

Full Baths 6

HOA Y/N No

Year Built 1975

Annual Tax Amount $10,958

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Multi Family

Source Global MLS

Property 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.

Location

State NY

County Warren

Zoning Mixed

Direction Glen St (Route 9), just north of the the sanford intersection

Interior

Interior Features High Speed Internet

Heating Electric, Natural Gas

Exterior

Exterior Feature None

Parking Features Off Street, Driveway

Utilities Available Cable Connected

Building

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Glens Falls

Others

Tax ID 520500 302.16-2-15

Special Listing Condition Standard

Inglenook Realty, Inc.

Broker | License ID: 109931319

+1(518) 882-6236

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