$595,000
Glens Falls, NY 12801
MLS# 202622873
8 beds
1 / 48
Property Description
One of the finest and most meticulously maintained four-unit properties in Glens Falls! Ideally located on prime Glen Street in the heart of downtown, this exceptional investment property is within walking distance to dowtown and on the bus route. Each unit offers an identical two-bedroom floor plan. Both first-floor apartments have been completely renovated, while one second-floor unit has been extensively updated with numerous modern improvements. Both 1st floor units are being kept vacant for ease of showings, also ideal for owner-occupancy or to achieve top-market rental income (estimated at $1,600/unit). Long-term tenants are in place upstairs; 1 month to month and the other with a 1 year lease. The owner currently pays heat (less than $1,000 annually) and electric; however, separate electric panels provide the opportunity to transfer electric costs to tenants. Recent improvements include a renovated two-car garage, a newly added washer/dryer hookup in the foyer, and a freshly seal-coated driveway. Existing rents are well below market, offering outstanding upside potential for increased cash flow. Seller financing available!
Details
Maps
Contract Information
Original List Price: 595000
List Price/SqFt: 226.58
Status: Active
Property Sub Type: Quadruplex
List Price: $595,000
Current Price: $595,000
Listing Contract Date: 2026-07-29
Location
City/Town (Mail): Glens Falls
Cross Street: Goodwin
Street Number: 437
Street Name: Glen
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12801
Geo Lat: 43.314318
Geo Lon: -73.651543
Property Detail
Rooms Total: 16
Bathrooms Half: 0
Garage Spaces: 2
Above Grade Finished Area: 2626
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 2626
Lot Size Dimensions: 73x115x72x119
Lot Size Acres: 0.19
Main Road Frontage: 73
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 8
Bathrooms Full: 4
Year Built: 1960
Parcel, Tax, HOA
Parcel Number: 520500 302.20-6-21
Tax Annual Amount: 6384.45
Tax Section: 302.20
Total Taxes Description: Actual
Tax Block: 6
Tax Lot: 21.000
School District: Glens Falls
High School: Glens Falls
Association Y/N: No
Directions & Remarks
Directions: Corner Glen & Goodwin
Public Remarks: One of the finest and most meticulously maintained four-unit properties in Glens Falls! Ideally located on prime Glen Street in the heart of downtown, this exceptional investment property is within walking distance to dowtown and on the bus route. Each unit offers an identical two-bedroom floor plan. Both first-floor apartments have been completely renovated, while one second-floor unit has been extensively updated with numerous modern improvements. Both 1st floor units are being kept vacant for ease of showings, also ideal for owner-occupancy or to achieve top-market rental income (estimated at $1,600/unit). Long-term tenants are in place upstairs; 1 month to month and the other with a 1 year lease.
The owner currently pays heat (less than $1,000 annually) and electric; however, separate electric panels provide the opportunity to transfer electric costs to tenants. Recent improvements include a renovated two-car garage, a newly added washer/dryer hookup in the foyer, and a freshly seal-coated driveway. Existing rents are well below market, offering outstanding upside potential for increased cash flow. Seller financing available!
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Electric
200+ Amp Service: 1
Fencing
Back Yard: 1
Vinyl: 1
Attic Features
Hatch: 1
Cooling
None: 1
Listing Terms
Seller Financing: 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Lot Features
Corner Lot: 1
Level: 1
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Subject To Tenant Rights: 1
Exterior Features
None: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Showing Requirements
Agent to Accompany: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Asphalt: 1
Slate: 1
Water Source
Public: 1
Foundation Details
Stone: 1
Heating
Baseboard: 1
Hot Water: 1
Income And Expenses
Rental Income: 66000
Rental Income Description: Estimated
Electric Expense: 3469.01
Electric Expense Description: See Remarks
Gas Expense: 979.83
Gas Expense Description: Actual
Insurance Expense: 2956
Insurance Expense Description: Actual
Miscellaneous Expense: 1442.7
Water Sewer Expense: 960.21
Water Sewer Expense Desc.: Actual
Interior Features
Stone Countertops: 1
Laundry Features
Common Area: 1
Electric Dryer Hookup: 1
Main Level: 1
Washer Hookup: 1
Parking Features
Parking Total: 8
Detached: 1
Driveway: 1
Garage: 1
Paved: 1
Patio And Porch Features
Front Porch: 1
Side Porch: 1
Owner Pays
Heat: 1
Sewer: 1
Trash Collection: 1
Water: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Tenant Pays
Cable TV: 1
Internet: 1
Window Features
Blinds: 1
Unit Information
Number Of Refrigerators: 4
Number Of Stoves: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: A-br
Occupant Type MF Unit 1: Vacant
Monthly Rent MF Unit 1: 1600
Rent Desc. MF Unit 1: Estimated
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Unit 1 Owner Furnish Features
Heat: 1
Trash: 1
Unit 1 Detail
Rent: 1600
Rent Description Unit 1: Estimated
Occupant Type Unit 1: Vacant
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Unit 1 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: B-bl
Monthly Rent MF Unit 2: 1600
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Heat: 1
Trash: 1
Unit 2 Detail
Rent: 1600
Rent Description Unit 2: Estimated
Occupant Type Unit 2: Vacant
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
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Unit 2 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: C-ur
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1000
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Heat: 1
Trash: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Unit 3 Detail
Rent: 1000
Rent Description Unit 3: Actual
Lease Term Unit 3: 12 Months
Occupant Type Unit 3: Tenant
Total Rooms Unit 3: 5
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 3 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: D-ul
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1000
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 5
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Heat: 1
Trash: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Unit 4 Detail
Rent: 1000
Rent Description Unit 4: Actual
Lease Term Unit 4: Month To Month
Occupant Type Unit 4: Tenant
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 4 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Status Change Info
Status Change Date: 2026-07-29
Property Features
Architectural Style: Other
Attic Features: Hatch
Basement: Full; Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Electric: 200+ Amp Service
Exterior Features: None
Fencing: Back Yard; Vinyl
Flooring: Carpet; Tile; Vinyl
Foundation Details: Stone
Heating: Baseboard; Hot Water
Interior Features: Stone Countertops
Laundry Features: Common Area; Electric Dryer Hookup; Main Level; Washer Hookup
Levels: Two
Listing Terms: Seller Financing
Lot Features: Corner Lot; Level
Owner Pays: Heat; Sewer; Trash Collection; Water
Parking Features: Detached; Driveway; Garage; Paved
Patio And Porch Features: Front Porch; Side Porch
Possession: At Closing; Subject To Tenant Rights
Roof: Asphalt; Slate
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Internet
Utilities: Cable Available
Window Features: Blinds
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room
Unit 1 Owner Furnish Features: Heat; Trash
Unit 1 Appliances: Microwave; Range; Refrigerator
Unit 2 Owner Furnish Features: Heat; Trash
Unit 2 Includes: Bathroom; Kitchen; Living Room
Unit 2 Appliances: Microwave; Range; Refrigerator
Unit 3 Owner Furnish Features: Heat; Trash
Unit 3 Includes: Bathroom; Kitchen; Living Room
Unit 3 Appliances: Microwave; Range; Refrigerator
Unit 4 Owner Furnish Features: Heat; Trash
Unit 4 Includes: Bathroom; Kitchen; Living Room
Unit 4 Appliances: Microwave; Range; Refrigerator
Listing Courtesy of Hunt ERA
Listing Agent: Tammy J Sutphin
518-796-2211 | sutphintammy@gmail.com
518-796-2211 | sutphintammy@gmail.com
