Overview
- Updated On:
- September 26, 2025
- Multi Family
- Category
- 571011
- Property ID
- 9
- Bedrooms
- 6
- Bathrooms
- 4,475 ft2
- Property Size
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.
- Principal and Interest
- Property Tax
- HOA fee
