Massive 12 unit brick building with consistent 100% occupancy! Most units have 1.5 baths, and all but one unit have separate utilities! Coin operated laundry in basement for additional cashflow. Recent upgrades include newer roof, many hot water heaters, pin code door entry, wifi smart water valve with remote shut off, painted common areas, some newer bathrooms, some newer floors, and more. ZERO deferred maintenance here, just sit back and collect! Huge attic space with room for at least 2 additional units! Many tenants are elderly with government assistance. Room for rent increases in at least 6 of the 12 units. 100% collection rate during Covid. Proof of funds & 48 hour notice to show, no exceptions.
Off market
$714,700
311 N Main St, Gloversville, NY 12078
16beds
12,776sqft
MultiFamily
Built in 1930
-- sqft lot
$714,700 Zestimate®
$56/sqft
$1,400 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard, Electric, Gas
Cooling
- None
Features
- Flooring: Tile, Carpet, Hardwood, Laminate, Linoleum / Vinyl
- Basement: Full, Apartment, Finished Area
Interior area
- Total interior livable area: 12,776 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 0.57 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Gloversville
Other
Other facts
- Flooring: Wood, Tile, Laminate, Ceramic Tile, Vinyl, Linoleum, Carpet-Wall/Wall
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard, Electric, Natural Gas, Hot Air, H/W-Baseboard
- Roof: Rubber, Asphalt Shingle
- HeatingYN: true
- Basement: Full, Apartment, Finished Area
- ConstructionMaterials: Brick
- RoomsTotal: 40
- ExteriorFeatures: Storm Windows, Drive-Paved, Deck-Pressure Treated
- WaterSewerExpense: 0
- StructureType: Multi Family
- FuelExpense: 0
- BusinessName: Actual
- MlsStatus: Active