$180,000
Gloversville, NY 12078
MLS# 202412528
Status: Closed
8 beds
1 / 45
Property Description
Unlock the potential of this Gloversville investment gem! This 6-unit property offers turnkey cash flow or the opportunity for value-added BRRR. Combine with a 5-unit at 112 Washington St and a 2-unit at 97 S Judson St for 13 units total, maximizing your returns. Shared parking with 112 Washington St adds convenience. Utilities included in tenants' rent. Don't miss out on this versatile opportunity!
Details
Maps
Documents
Contract Information
Original List Price: 190000
List Price/SqFt: 39.98
Status: Closed
Property Sub Type: Multi Family
Sold Price: $180,000
Current Price: $180,000
Listing Contract Date: 2024-02-24
Location
City/Town (Mail): Gloversville
Street Number: 108
Street Name: Washington
Street Suffix: Street
County: Fulton
State/Province: NY
Postal Code: 12078
Geo Lat: 43.049358
Geo Lon: -74.339557
Property Detail
Number Of Units Total: 6
Rooms Total: 22
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 4752
Parking Y/N: Yes
Living Area: 4752
Lot Size Acres: 0.1
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 8
Bathrooms Full: 6
Year Built: 1920
Status Change Info
Sold Price/SqFt: 37.88
Status Change Date: 2024-07-24
Under Contract Date: 2024-05-21
Sold Date: 2024-07-23
Sold Price: $180,000
Parcel, Tax, HOA
Parcel Number: 149.7-16-1
Tax Annual Amount: 3713.87
Total Taxes Description: Estimated
School District: Gloversville
High School: Gloversville
Association Y/N: No
Directions & Remarks
Directions: Continue on State Hwy 920J. Drive to Washington St in Gloversville
Public Remarks: Unlock the potential of this Gloversville investment gem! This 6-unit property offers turnkey cash flow or the opportunity for value-added BRRR. Combine with a 5-unit at 112 Washington St and a 2-unit at 97 S Judson St for 13 units total, maximizing your returns. Shared parking with 112 Washington St adds convenience. Utilities included in tenants' rent. Don't miss out on this versatile opportunity!
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Financial Details
General Taxes: 561.41
General Taxes Description: Estimated
School Taxes: 1730.66
School Taxes Description: Actual
Village Taxes: 1421.8
Village Taxes Description: Estimated
Listing Terms
Cash: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 2nd
Full Bath 5: 2nd
Full Bath 6: 2nd
Construction Materials
Vinyl Siding: 1
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
Agent to Accompany: 1
Special Listing Conditions
Standard: 1
Roof
Shingle: 1
Water Source
Public: 1
Heating
Radiant: 1
Income And Expenses
Rental Income: 4300
Rental Income Description: Actual
Parking Features
Parking Total: 6
Off Street: 1
Paved: 1
Separate Utilities
Not Separated: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Monthly Rent MF Unit 1: 725
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Monthly Rent MF Unit 2: 750
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1
Unit Available MF Unit 3: 3
Monthly Rent MF Unit 3: 775
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2
Monthly Rent MF Unit 4: 750
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: 12 Months
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 2
Monthly Rent MF Unit 5: 750
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: 12 Months
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 3
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 2
Monthly Rent MF Unit 6: 550
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: 12 Months
Total Rooms MF Unit 6: 3
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Full
Construction Materials: Vinyl Siding
Exterior Features: None
Heating: Radiant
Listing Terms: Cash
Parking Features: Off Street; Paved
Possession: At Closing
Roof: Shingle
Separate Utilities: Not Separated
Sewer: Public Sewer
Showing Requirements: Agent to Accompany
Special Listing Conditions: Standard
Water Source: Public
Rent rolls 
Listing Courtesy of Gateway Realty Solutions
Listing Agent: David J Ioele , Jr
518-848-5774 | dj.ioele@gatewaysolutionscorp.com
518-848-5774 | dj.ioele@gatewaysolutionscorp.com
