Kathleen M. Franco

437 Glen Street, Glens Falls, NY 12801

New - 4 Hours Ago
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Property Description

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!

437 Glen Street | MLS# 202622873

This multi-family property located at 437 Glen Street, Glens Falls, NY 12801 is currently listed for sale with an asking price of $595,000. Glen Street is located within the Glens Falls school district. Search Glens Falls real estate on kathy-franco.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Garage: 2
Heating: Baseboard, Hot Water
Home Style: Other
Lot Size: 0.19 Acres
Roof Type: Slate, Asphalt
Taxes: $6,384
Year Built: 1960

Feature Descriptions

Exterior: Vinyl Siding
Exterior: None
Fencing: Vinyl, Back Yard
Flooring: Vinyl, Tile, Carpet
Foundation: Stone
Laundry: Common Area, Electric Dryer Hookup, Main Level, Washer Hookup
Lot: Level, Corner Lot
Lot Dimensions: 73x115x72x119
Parcel #: 520500 302.20-6-21
Parking: Paved, Detached, Driveway, Garage
Parking Total: 8
Parking Total: 8
Patio/Porch: Side Porch, Front Porch
Sewer: Public Sewer
SQFT Above Grade Finished: 2626
Utilities: Cable Available
Water: Public
Windows: Blinds

Local Schools

High School: Glens Falls
School District: Glens Falls

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Estimated Payment

$ 2,029.75 per month $1,324.21 Principal & Interest $532.00 Property Tax $173.54 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Hunt ERA
Agency Phone: 1 518-798-4400

Shown By

Agent Name: Kathleen M. Franco
Agent Phone: (315) 884-8198 Cell
Agency Title: Coldwell Banker Prime Properties

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