493 Glen Street, Glens Falls, NY 12801

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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.

493 Glen Street | MLS# 202526692

This multi-family property located at 493 Glen Street, Glens Falls, NY 12801 is currently listed for sale with an asking price of $579,900. Glen Street is located within the Glens Falls school district. Search Glens Falls real estate on online.cbpp.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Heating: Electric, Natural Gas
Home Style: Apartment 4 Plus Unit
Lot Size: 0.28 Acres
Taxes: $10,958
Year Built: 1975

Feature Descriptions

Days on Site: 189
Exterior: Wood Siding
Exterior: None
Interior: High Speed Internet
Parcel #: 520500 302.16-2-15
Parking: Off Street, Driveway
Parking Total: 8
Parking Total: 8
Sewer: Public Sewer
SQFT Above Grade Finished: 4475
Utilities: Cable Connected
Water: Public

Local Schools

High School: Glens Falls
School District: Glens Falls

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Estimated Payment

$ 2,372.91 per month $1,290.61 Principal & Interest $913.17 Property Tax $169.14 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna
Agency Phone: 1 518-798-3636

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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