$310,000
Glens Falls, NY 12801
MLS# 202616471
2 beds

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Property Description
Prime Downtown Glens Falls Mixed-Use Investment Discover a well-maintained 4-unit property in the heart of downtown Glens Falls, featuring two storefronts and two apartments with strong rental income and excellent growth potential. Three of the four units have been recently renovated, including updates to mechanicals, finishes, and storefronts. There is additional opportunity for modest rent increases in line with current market rates. With excellent street frontage and high pedestrian and vehicle exposure, this property is perfectly positioned in the vibrant core of Glens Falls' ongoing downtown revitalization--surrounded by art, culture, dining, and community attractions. Dependable income, quality updates, and an unbeatable location make this property an ideal choice for investors seeking both stability and long-term value. Walk the blocks, feel the neighborhood energy, and see why Glens Falls continues to attract both locals and newcomers alike.
Details
Maps
Documents
Contract Information
Original List Price: 310000
List Price/SqFt: 107.34
Status: Active
Property Sub Type: Quadruplex
List Price: $310,000
Current Price: $310,000
Listing Contract Date: 2026-05-05
Location
City/Town (Mail): Glens Falls
Street Number: 55
Street Name: Lawrence
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12801
Geo Lat: 43.31358
Geo Lon: -73.638354
Property Detail
Rooms Total: 8
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2888
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: See Remarks
Living Area: 2888
Lot Size Dimensions: 45X40
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 2
Bathrooms Full: 4
Year Built: 1950
Parcel, Tax, HOA
Parcel Number: 520500 303.17-12-6
Tax Annual Amount: 7490.66
Tax Section: 303.17
Total Taxes Description: Estimated
Tax Block: 12
Tax Lot: 6.000
School District: Glens Falls
High School: Glens Falls
Association Y/N: No
Directions & Remarks
Directions: From Dix Ave To Cooper to Lawrence
Public Remarks: Prime Downtown Glens Falls Mixed-Use Investment
Discover a well-maintained 4-unit property in the heart of downtown Glens Falls, featuring two storefronts and two apartments with strong rental income and excellent growth potential. Three of the four units have been recently renovated, including updates to mechanicals, finishes, and storefronts. There is additional opportunity for modest rent increases in line with current market rates.
With excellent street frontage and high pedestrian and vehicle exposure, this property is perfectly positioned in the vibrant core of Glens Falls' ongoing downtown revitalization--surrounded by art, culture, dining, and community attractions.
Dependable income, quality updates, and an unbeatable location make this property an ideal choice for investors seeking both stability and long-term value. Walk the blocks, feel the neighborhood energy, and see why Glens Falls continues to attract both locals and newcomers alike.
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Financial Details
General Taxes: 4305.75
General Taxes Description: Estimated
School Taxes: 3184.91
School Taxes Description: Estimated
Cooling
None: 1
Basement
Partial: 1
None: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
Rental Agreement: 1
Exterior Features
None: 1
Flooring
Wood: 1
Showing Requirements
24 Hour Notice: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Forced Air: 1
Income And Expenses
Rental Income: 40800
Rental Income Description: Yearly
Parking Features
Parking Total: 2
Off Street: 1
Patio And Porch Features
Front Porch: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Unit Available MF Unit 1: store 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 600
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Other: 1
Unit 1 Detail
Rent: 600
Rent Description Unit 1: Actual
Occupant Type Unit 1: Tenant
Total Full Baths: 1
Full Baths 1st Floor: 1
Unit 1 Dining Room Type
None: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Unit Available MF Unit 2: store 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 600
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 600
Rent Description Unit 2: Actual
Occupant Type Unit 2: Tenant
Total Full Baths: 1
Full Baths 1st Floor: 1
Unit 2 Includes
Bathroom: 1
Other: 1
Unit 2 Dining Room Type
None: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Unit Available MF Unit 3: apt 1
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1050
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 3 Detail
Rent: 1050
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Total Rooms Unit 3: 3
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 3 Dining Room Type
Combined DR/LR: 1
Unit 3 Appliances
Cooktop: 1
Refrigerator: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 4
Unit Available MF Unit 4: apt 2
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1050
Rent Desc. MF Unit 4: Estimated
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 4 Detail
Rent: 1050
Rent Description Unit 4: Estimated
Lease Term Unit 4: Month To Month
Occupant Type Unit 4: Tenant
Total Rooms Unit 4: 3
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 4 Dining Room Type
Combined DR/LR: 1
Unit 4 Appliances
Cooktop: 1
Refrigerator: 1
Status Change Info
Status Change Date: 2026-05-05
Property Features
Architectural Style: Other
Basement: Partial; None
Construction Materials: Vinyl Siding
Cooling: None
Exterior Features: None
Flooring: Wood
Heating: Forced Air
Levels: Two
Parking Features: Off Street
Patio And Porch Features: Front Porch
Possession: Rental Agreement
Roof: Asphalt
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Showing Service; Sign on Property
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Includes: Bathroom; Other
Unit 1 Dining Room Type: None
Unit 2 Includes: Bathroom; Other
Unit 2 Dining Room Type: None
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Dining Room Type: Combined DR/LR
Unit 3 Appliances: Cooktop; Refrigerator
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Dining Room Type: Combined DR/LR
Unit 4 Appliances: Cooktop; Refrigerator
Listing Courtesy of KW Platform
Listing Agent: Scott P Varley
518-281-6808 | scottvarley@kw.com
518-281-6808 | scottvarley@kw.com


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