$192,000
Gloversville, NY 12078
MLS# 202614529
Status: Closed
10 beds
1 / 22
Property Description
Turnkey four-unit investment property in Gloversville now fully stabilized and 100% occupied, offering immediate, reliable cash flow from day one. The property has been recently cleaned up and improved, creating a stronger operating asset for both new and experienced investors. The building features spacious units with a desirable layout, off-street parking, and a detached garage situated on a prominent corner lot. Conveniently located near downtown shopping, restaurants, and local employers, the property benefits from consistent rental demand and long-term upside potential. Also well suited for a future owner-occupant looking to offset living expenses with rental income while building long-term equity. A solid addition to any portfolio for investors seeking dependable income with flexibility.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Quadruplex
Original List Price: 214900
Sold Price: $192,000
Current Price: $192,000
Listing Contract Date: 2026-04-06
List Price/SqFt: 52.47
Location
Street Number: 1
Street Name: Lincoln
Street Suffix: Street
County: Fulton
State/Province: NY
Postal Code: 12078
City/Town (Mail): Gloversville
Geo Lat: 43.055644
Geo Lon: -74.344683
Property Detail
Rooms Total: 21
Bedrooms Total: 10
Bathrooms Full: 4
Year Built: 1920
Garage Spaces: 2
Above Grade Finished Area: 3810
Above Grade Finished Area Source: CRS
Below Grade Finished Area: 1905
Below Grade Finished Area Source: CRS
Living Area: 3810
Lot Size Acres: 0.17
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-09-14
Under Contract Date: 2026-05-13
Sold Date: 2026-07-12
Sold Price: $192,000
Sold Price/SqFt: 50.39
Financial Details
General Taxes: 1235.18
General Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 1st
Full Bath 4: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Parking Features
Parking Total: 6
Separate Utilities
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Separate Water Meters: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: First
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 900
Rent Desc. MF Unit 1: Actual
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 900
Total Bedrooms: 3
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Second
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 600
Rent Desc. MF Unit 2: Actual
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 600
Total Bedrooms: 2
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: First
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 600
Rent Desc. MF Unit 3: Actual
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 600
Total Bedrooms: 2
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Second
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 700
Rent Desc. MF Unit 4: Actual
Total Bedrooms MF Unit 4: 3
Total Full Baths MF Unit 4: 1
Unit 4 Detail
Rent: 700
Total Bedrooms: 3
Property Features
Architectural Style: Traditional
Basement: Full; Interior Entry; Unfinished
Construction Materials: Wood Siding
Cooling: None
Electric: 100 Amp Service; Circuit Breakers
Exterior Features: None
Flooring: Carpet; Linoleum
Heating: Forced Air; Space Heater
Laundry Features: None
Levels: Two
Lot Features: Corner Lot
Parking Features: Detached; Garage
Possession: At Closing
Separate Utilities: Electric; Gas; Water Meter
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water; Internet; Sewer
Water Source: Public
Unit 1 Dining Room Type: Formal Dining Room
Unit 1 Appliances: Range; Refrigerator
Unit 2 Dining Room Type: Formal Dining Room
Unit 2 Appliances: Range; Refrigerator
Unit 3 Dining Room Type: Formal Dining Room
Unit 3 Appliances: Range; Refrigerator
Unit 4 Dining Room Type: Dining Area
Unit 4 Appliances: Range; Refrigerator
Tax Bill 
Listing Courtesy of Wagner Real Estate Group
Listing Agent: Philip W Wagner
518-378-5741 | pwagner518@gmail.com
518-378-5741 | pwagner518@gmail.com
