$285,000
Glens Falls, NY 12801
MLS# 202625207
Status: Contingent - Continue to Show
6 beds

1 / 58
Property Description
Excellent investment opportunity in the heart of Glens Falls! This well-maintained two unit multifamily property offers a strong rental history and a convenient location just minutes from downtown, shopping, dining, and area amenities. The property features two 2-bedroom units and one 3-bedroom unit, all with separate utilities. Unit 1 is located on the first floor and offers 2 bedrooms. Unit 2 is located on the second floor and features 3 bedrooms. Unit 3 is a separate 2-bedroom unit and is being sold furnished. The property also offers off-street parking for up to five vehicles, providing added convenience for tenants. With an established rental history, separate utilities, and a desirable Glens Falls location, this is an excellent opportunity for investors looking to add an income-producing three-unit multifamily property to their portfolio. (Rents: Unit 1: $1,350 Unit 2: $1,350
Details
Maps
Documents
Contract Information
Status: Contingent - Continue to Show
Property Sub Type: Duplex
Original List Price: 285000
List Price: $285,000
Current Price: $285,000
Listing Contract Date: 2026-08-31
List Price/SqFt: 135.33
Location
Street Number: 181
Street Name: Bay
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12801
City/Town (Mail): Glens Falls
Geo Lat: 43.321387
Geo Lon: -73.650278
Property Detail
Rooms Total: 15
Bedrooms Total: 6
Bathrooms Full: 2
Year Built: 1881
Above Grade Finished Area: 2106
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 2106
Lot Size Acres: 0.17
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-09-07
Under Contract Date: 2026-09-07
Contingent: Contingent - Continue to Show
Proposed Closing Date: 2026-10-23
Financial Details
Full Market Assessment: 278444
General Taxes: 4441.04
General Taxes Description: Estimated
School Taxes: 3918.85
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 44880
Rental Income Description: Actual
Insurance Expense: 1700
Insurance Expense Description: Estimated
Water Sewer Expense: 1650
Water Sewer Expense Desc.: Estimated
Parking Features
Parking Total: 5
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Monthly Rent MF Unit 1: 1350
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1350
Rent Description Unit 1: Actual
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Monthly Rent MF Unit 2: 1350
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1350
Rent Description Unit 2: Actual
Total Bedrooms: 3
Bedrooms on 2nd Floor: 3
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Property Features
Architectural Style: Traditional
Basement: Full
Construction Materials: Aluminum Siding; Drywall
Electric: 200+ Amp Service
Exterior Features: None
Flooring: Carpet; Hardwood
Heating: Forced Air; Natural Gas
Laundry Features: Electric Dryer Hookup; Laundry Room; Main Level; Upper Level; Washer Hookup
Levels: Bi-Level; Two
Lot Features: Cleared; Level
Owner Pays: Sewer; Snow Removal; Water
Parking Features: Driveway
Possession: At Closing
Roof: Slate
Security Features: Smoke Detector(s)
Separate Utilities: Electric; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Hot Water
Water Source: Public
Unit 1 Includes: Bathroom; Dryer Hookup; Refrigerator; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Sewer; Snow Removal; Water
Unit 1 Dining Room Type: Combined DR/LR
Unit 1 Appliances: Range; Refrigerator
Unit 2 Owner Furnish Features: Sewer; Snow Removal; Water
Unit 2 Includes: Dryer Hookup; Refrigerator; Stove; Washer Hookup
Unit 2 Dining Room Type: Combined DR/LR
Unit 2 Appliances: Range; Refrigerator
Listing Courtesy of eXp Realty
Listing Agent: Angela Cugini-Girard
518-232-1460 | acuginigirard@gmail.com
518-232-1460 | acuginigirard@gmail.com


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