Don't miss this excellent chance to transform a 3-family property located in the heart of Gloversville! This multi-unit building offers a prime opportunity for investors or those looking to expand their real estate portfolio. Situated in a quiet neighborhood, this property features three distinct units, making it ideal for rental income or multi-generational living. **Property Highlights:** - 3 Separate Units: Perfect for rental income or owner-occupancy - Solid Structure: Strong foundation and framework, awaiting cosmetic updates - Newer Roof Whether you're a seasoned investor or looking for your next project, this property offers tremendous upside with the right vision. With some updates and TLC, 48 1st Ave can be transformed into a profitable income-generating home!
Sold for $50,000
$50,000
48 1st Ave, Gloversville, NY 12078
6beds
2,219sqft
Multi Family
Built in 1900
-- sqft lot
$69,200 Zestimate®
$23/sqft
$1,393 Estimated rent
Home value
$69,200
$62,000 - $77,000
$1,393/mo
Zestimate® history
Owner options
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$1,393/mo
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$1,393/mo
Rent Zestimate®
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$300/mo
Est. payment
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$300/mo
Est. payment
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List your homeWhat's special
Newer roofQuiet neighborhood
Zillow last checked:
Source: BHHS broker feed,MLS#: 202423446
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Interior area
- Total structure area: 2,219
- Total interior livable area: 2,219 sqft
Property
Details
- Parcel number: 17050013419143
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Shake
Condition
- Year built: 1900
Community & HOA
Location
- Region: Gloversville
Financial & listing details
- Price per square foot: $23/sqft
- Tax assessed value: $84,356
- Date on market: 8/15/2024
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 4/5/2025 | Listing removed | $79,900$36/sqft |
Source: BHHS broker feed #202423446 Report a problem | ||
| 3/21/2025 | Listed for sale | $79,900$36/sqft |
Source:  Global MLS #202423446 Report a problem | ||
| 11/13/2024 | Pending sale | $79,900$36/sqft |
Source: Global MLS #202423446 Report a problem | ||
| 8/14/2024 | Listed for sale | $79,900+59.8%$36/sqft |
Source: Global MLS #202423446 Report a problem | ||
| 8/11/2023 | Sold | $50,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $54,300 |
| 2024 | -- | $54,300 |
| 2023 | -- | $54,300 |
| 2022 | -- | $54,300 |
| 2021 | -- | $54,300 |
| 2020 | -- | $54,300 |
| 2019 | -- | $54,300 |
| 2018 | -- | $54,300 |
| 2017 | $1,649 | $54,300 |
| 2016 | -- | $54,300 |
| 2015 | -- | $54,300 |
| 2014 | -- | $54,300 |
| 2013 | -- | $54,300 |
| 2012 | -- | $54,300 |
| 2011 | -- | $54,300 |
| 2010 | -- | $54,300 |
| 2009 | -- | $54,300 |
| 2008 | -- | $54,300 +3.4% |
| 2007 | -- | $52,500 |
| 2006 | -- | $52,500 |
| 2005 | -- | $52,500 |
| 2004 | -- | $52,500 |
| 2003 | -- | $52,500 |
| 2002 | -- | $52,500 -4.5% |
| 2001 | -- | $55,000 |
| 2000 | -- | $55,000 |
Find assessor info on the county website
Neighborhood: 12078
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Nearby schools
GreatSchools rating
- 3/10Boulevard SchoolGrades: 3-5Distance: 0.7 mi
- 2/10Gloversville Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Gloversville High SchoolGrades: 9-12Distance: 1.1 mi
- New York
- Fulton County
- Gloversville
- 12078
- 48 1st Ave
Nearby cities
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Other Gloversville Topics
