$299,000
Glens Falls, NY 12801
MLS# 202623274
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
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Contract Information
Status: Active
Property Sub Type: Quadruplex
Original List Price: 299000
List Price: $299,000
Current Price: $299,000
Listing Contract Date: 2026-08-05
List Price/SqFt: 103.53
Location
Street Number: 55
Street Name: Lawrence
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12801
City/Town (Mail): Glens Falls
Geo Lat: 43.313555
Geo Lon: -73.638404
Property Detail
Rooms Total: 8
Bedrooms Total: 2
Bathrooms Full: 4
Year Built: 1950
Above Grade Finished Area: 2888
Above Grade Finished Area Source: CRS
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
Parking Y/N: Yes
Financial Details
General Taxes: 4305.75
General Taxes Description: Estimated
School Taxes: 3184.91
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 40800
Rental Income Description: Yearly
Parking Features
Parking Total: 2
Separate Utilities
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 Detail
Rent: 600
Rent Description Unit 1: Actual
Occupant Type Unit 1: Tenant
Total Rooms Unit 1: 1
Total Full Baths: 1
Full Baths 1st Floor: 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 Rooms Unit 2: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1050
Rent Desc. MF Unit 3: Actual
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 1050
Rent Description Unit 3: Actual
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
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 4
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1050
Rent Desc. MF Unit 4: Actual
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Detail
Rent: 1050
Rent Description Unit 4: Actual
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
Status Change Info
Status Change Date: 2026-08-05
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: Showing Service; Sign on Property
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Includes: Bathroom; Other
Unit 2 Includes: Bathroom; Other
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Storage; Stove
Unit 3 Dining Room Type: Combined DR/LR
Unit 3 Appliances: Cooktop; Refrigerator
Unit 4 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Storage; 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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