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.
Pending
$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
- 323 days |
- 34 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Howard Hanna Capital Inc 518-798-3636,
Sean Rogge 518-307-8492
Source: Global MLS,MLS#: 202526692
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric, Natural Gas
Features
- High Speed Internet
- Basement: Full
Interior area
- Total structure area: 4,475
- Total interior livable area: 4,475 sqft
- Finished area above ground: 4,475
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Off Street, Driveway
- Has uncovered spaces: Yes
Features
- Exterior features: None
Lot
- Size: 0.28 Acres
Details
- Parcel number: 520500 302.16215
- Zoning description: Mixed
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Wood Siding
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Glens Falls
Financial & listing details
- Price per square foot: $130/sqft
- Annual tax amount: $10,958
- Date on market: 9/26/2025
- Tenant pays: Cable TV, Electricity, Gas
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,690/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Pending sale | $579,900$130/sqft |
Source: | ||
| 11/3/2025 | Price change | $579,900-7.9%$130/sqft |
Source: | ||
| 9/26/2025 | Listed for sale | $629,900+31.2%$141/sqft |
Source: | ||
| 12/14/2022 | Sold | $480,000+4.8%$107/sqft |
Source: | ||
| 8/17/2022 | Pending sale | $458,000$102/sqft |
Source: | ||
| 7/13/2022 | Listed for sale | $458,000+63.6%$102/sqft |
Source: | ||
| 2/1/2016 | Listing removed | $279,900$63/sqft |
Source: RealtyUSA #201514175 Report a problem | ||
| 10/16/2015 | Listed for sale | $279,900+26.7%$63/sqft |
Source: RealtyUSA #201514175 Report a problem | ||
| 9/16/2011 | Sold | $221,000$49/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 12801
Nearby schools
GreatSchools rating
- 6/10Glens Falls Middle SchoolGrades: 5-8Distance: 0.5 mi
- 5/10Glens Falls Senior High SchoolGrades: 9-12Distance: 0.6 mi
- 9/10Kensington Road SchoolGrades: PK-4Distance: 0.5 mi
Schools provided by the listing agent
- High: Glens Falls
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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