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.
Active
Price cut: $50K (11/3)
$579,900
493 Glen Street, Glens Falls, NY 12801
9beds
4,475sqft
Multi Family, Apartment
Built in 1975
-- sqft lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
Ample off-street parking
- 52 days |
- 676 |
- 16 |
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