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Listed by Nicholas Ketter • Realize Brokers

$ 2,290,000

Est. payment -/mo

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Pending

190 Ridge Street Glens Falls, NY 12801

18 Beds

34 Baths

20,866 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 20,866 sqft

Price per Sqft $109

MLS Listing ID 202618545

Bedrooms 18

Full Baths 34

HOA Y/N No

Year Built 1897

Annual Tax Amount $47,504

Lot Size 2.230 Acres

Acres 2.23

Property Sub-Type Multi Family

Source Global MLS

Property Description

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.

Location

State NY

County Warren

Zoning Multi Residence

Direction I 87 Take Exit 18 to downtown Glens Falls Centennial Circle. Take Ridge St. Property is on your left (190 Ridge) and right (195 Ridge)

Interior

Interior Features Built-in Features

Heating Baseboard, Hot Water, Zoned, Natural Gas

Flooring Carpet, Hardwood

Fireplaces Type Other

Fireplace Yes

Exterior

Exterior Feature None

Parking Features Off Street, Paved

Utilities Available Cable Available

Roof Type Slate,Shingle,Asphalt

Porch Porch, Rear Porch, Side Porch, Covered, Front Porch

Building

Lot Description Level, Landscaped, Road Frontage, Corner Lot

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Glens Falls

Others

Tax ID 520500 302.16-17-4

Special Listing Condition Standard

Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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