Sharon FronkRealtor® · Howard Hanna
LoadingGlens Falls, NY 12801 · Warren County
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!
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Glens Falls is in Warren County, NY. There are currently 44 active listings here, ranging from $89,999 to $3,750,000. Listings in this address fall under the Glens Falls school district. Priced 64% above the Glens Falls median of $362,500.
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Hunt ERA · Listed by Tammy J Sutphin (war.sutpta)
Contact: 518-796-2211
MLS #202622873 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Licensed Real Estate Salesperson · Howard Hanna
★ 5.0 from verified clients · 200+ homes sold · 14+ years
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Real numbers from current MLS data. Not a third-party estimate.
Every change captured by Global MLS since this listing went live.
