Turnkey four-unit investment property in Gloversville now fully stabilized and 100% occupied, offering immediate, reliable cash flow from day one. The property has been recently cleaned up and improved, creating a stronger operating asset for both new and experienced investors. The building features spacious units with a desirable layout, off-street parking, and a detached garage situated on a prominent corner lot.
Conveniently located near downtown shopping, restaurants, and local employers, the property benefits from consistent rental demand and long-term upside potential. Also well suited for a future owner-occupant looking to offset living expenses with rental income while building long-term equity. A solid addition to any portfolio for investors seeking dependable income with flexibility.
Pending
$199,900
1 Lincoln Street, Gloversville, NY 12078
10beds
3,810sqft
Quadruplex, Multi Family
Built in 1920
-- sqft lot
$196,800 Zestimate®
$52/sqft
$-- HOA
What's special
Off-street parkingDetached garageDesirable layoutSpacious unitsProminent corner lot
- 121 days |
- 32 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Wagner Real Estate Group 518-378-5741,
Philip W Wagner 518-378-5741
Source: Global MLS,MLS#: 202614529
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Space Heater
Cooling
- None
Appliances
- Laundry: None
Features
- Flooring: Carpet, Linoleum
- Basement: Full,Interior Entry,Unfinished
Interior area
- Total structure area: 3,810
- Total interior livable area: 3,810 sqft
- Finished area above ground: 3,810
- Finished area below ground: 1,905
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Exterior features: None
Lot
- Size: 7,405 Square Feet
- Features: Corner Lot
Details
- Parcel number: 170500 134.18219
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Gloversville
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $93,833
- Annual tax amount: $3,107
- Date on market: 4/7/2026
- Tenant pays: Sewer, Hot Water, Heat, Internet, Cable TV, Electricity, Gas
Estimated market value
$196,800
$187,000 - $207,000
$1,140/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Pending sale | $199,900$52/sqft |
Source:  Global MLS #202614529 Report a problem | ||
| 4/27/2026 | Price change | $199,900-2.4%$52/sqft |
Source: Global MLS #202614529 Report a problem | ||
| 4/19/2026 | Price change | $204,900-4.7%$54/sqft |
Source: Global MLS #202614529 Report a problem | ||
| 4/7/2026 | Listed for sale | $214,900+39.3%$56/sqft |
Source: Global MLS #202614529 Report a problem | ||
| 9/19/2023 | Sold | $154,255-3%$40/sqft |
Source: Global MLS #202319059 Report a problem | ||
| 7/5/2023 | Pending sale | $159,000$42/sqft |
Source: Global MLS #202319059 Report a problem | ||
| 6/19/2023 | Listed for sale | $159,000+253.3%$42/sqft |
Source: Global MLS #202319059 Report a problem | ||
| 7/7/2003 | Sold | $45,000+36%$12/sqft |
Source: Public Record Report a problem | ||
| 7/17/1996 | Sold | $33,082$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $60,400 |
| 2024 | -- | $60,400 |
| 2023 | -- | $60,400 |
| 2022 | -- | $60,400 |
| 2021 | -- | $60,400 |
| 2020 | -- | $60,400 |
| 2019 | -- | $60,400 |
| 2018 | -- | $60,400 |
| 2017 | $3,146 | $60,400 |
| 2016 | -- | $60,400 |
| 2015 | -- | $60,400 |
| 2014 | -- | $60,400 |
| 2013 | -- | $60,400 |
| 2012 | -- | $60,400 |
| 2011 | -- | $60,400 |
| 2010 | -- | $60,400 |
| 2009 | -- | $60,400 |
| 2008 | -- | $60,400 +38.9% |
| 2007 | -- | $43,500 |
| 2006 | -- | $43,500 |
| 2005 | -- | $43,500 |
| 2004 | -- | $43,500 |
| 2003 | -- | $43,500 |
| 2002 | -- | $43,500 |
| 2001 | -- | $43,500 |
| 2000 | -- | $43,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 12078
Nearby schools
GreatSchools rating
- NAKingsborough SchoolGrades: PK-2Distance: 0.6 mi
- 2/10Gloversville Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Gloversville High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- High: Gloversville
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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