One of the finest and most meticulously maintained four-unit properties in Glens Falls! Ideally located on prime Glen Street in the heart of downtown, this exceptional investment property is within walking distance to dowtown and on the bus route. Each unit offers an identical two-bedroom floor plan. Both first-floor apartments have been completely renovated, while one second-floor unit has been extensively updated with numerous modern improvements. Both 1st floor units are being kept vacant for ease of showings, also ideal for owner-occupancy or to achieve top-market rental income (estimated at $1,600/unit). Long-term tenants are in place upstairs; 1 month to month and the other with a 1 year lease.
The owner currently pays heat (less than $1,000 annually) and electric; however, separate electric panels provide the opportunity to transfer electric costs to tenants. Recent improvements include a renovated two-car garage, a newly added washer/dryer hookup in the foyer, and a freshly seal-coated driveway. Existing rents are well below market, offering outstanding upside potential for increased cash flow. Seller financing available!
15 days
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642
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36
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Zillow last checked:
Listing updated:
Listed by:
Hunt ERA518-798-4400,
Tammy J Sutphin518-796-2211
Source: Global MLS,MLS#: 202622873
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
Baseboard, Hot Water
Cooling
None
Appliances
Laundry: Common Area, Electric Dryer Hookup, Main Level, Washer Hookup