Average square foot calculated using Size range provided by listing agent.
Description
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.Show Description
MLS® Number202526692
Laundry Level
Central VacNo
FireplaceNo
Acreage0.28
ExteriorNone
GarageNo
Approx. Age1975
BasementFull
DrivewayOff Street, Driveway
Garage Spaces
HeatElectric, Natural Gas
A/C
Heating Fuel
Extras
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