Income-producing 34-unit multifamily assemblage spanning four buildings on approximately 2.23 acres in the City of Glens Falls. Four well-located properties -- 195 Ridge St., 190 Ridge St., 45 William St., and 8 Lawton Ave. -- combine for a unit mix of 5 two-bedroom, 14 one-bedroom, and 15 studio apartments. Low vacancy and a stable rent roll drive consistent monthly cash flow, with ample on-site parking across all four buildings. Concentrated ownership in a single market makes this a manageable, scalable hold, with room to grow income through rent and operational improvements. Full financials provided to qualified buyers upon request. Schedule a private tour through the listing agent.
Property Details
- Acres: 2
- Basement: Exterior Entry, Full, Unfinished, Walk-Out Access
- Bathrooms: 34
- Bedrooms: 18
- Cooling: Window Unit(s), None
- County: Warren
- Estimated Taxes: $47,504
- Exterior: Stone, Cedar, Plaster, Wood Siding
- Exterior Features: None
- Heat: Baseboard, Hot Water, Zoned, Natural Gas
- Interior Features: Built-in Features
- Parking Spaces: 28
- Property Style: Apartment 4 Plus Unit
- School District: Glens Falls
- Sewer: Public Sewer
- Square Feet: 20,866
- Town: Glens Falls
- Water: Public
- Year Built: 1897
- Zoning: Multi Residence
