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Listed by Scott P Varley • KW Platform
$ 380,000
Est. payment /mo
Active
62 Lawrence Street Glens Falls, NY 12801
3 Beds
5 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $108
MLS Listing ID 202528754
Bedrooms 3
Full Baths 5
HOA Y/N No
Year Built 1950
Annual Tax Amount $9,926
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 80x65
Property Sub-Type Multi Family
Source Global MLS
Property Description
Downtown Glens Falls Mixed-Use Investment Opportunity
Welcome to 62 Lawrence Street, a well-maintained 5-unit mixed-use property ideally situated in the heart of downtown Glens Falls. Featuring two storefronts and three apartments, this property offers reliable income and strong potential for future growth.
Four of the five units have been thoughtfully updated with new flooring, fixtures, paint, and mechanical systems. Current rents remain below market, providing room for a 10-15% increase upon renewal.
Located near The Shirt Factory and the Glens Falls Art Trail, this property benefits from strong pedestrian traffic and proximity to restaurants, galleries, and community attractions. It embodies the city's ongoing downtown revitalization, offering investors dependable income, value-add potential, and pride of ownership in one of Glens Falls' most vibrant neighborhoods.
Must be sold as a package with 55 Lawrence Street (MLS# 202528751) for $690,000.
Welcome to 62 Lawrence Street, a well-maintained 5-unit mixed-use property ideally situated in the heart of downtown Glens Falls. Featuring two storefronts and three apartments, this property offers reliable income and strong potential for future growth.
Four of the five units have been thoughtfully updated with new flooring, fixtures, paint, and mechanical systems. Current rents remain below market, providing room for a 10-15% increase upon renewal.
Located near The Shirt Factory and the Glens Falls Art Trail, this property benefits from strong pedestrian traffic and proximity to restaurants, galleries, and community attractions. It embodies the city's ongoing downtown revitalization, offering investors dependable income, value-add potential, and pride of ownership in one of Glens Falls' most vibrant neighborhoods.
Must be sold as a package with 55 Lawrence Street (MLS# 202528751) for $690,000.
Location
State NY
County Warren
Direction From Dix Ave To Cooper to Lawrence
Interior
Heating Baseboard, Electric, Natural Gas
Flooring Wood
Exterior
Exterior Feature None
Parking Features Off Street
Roof Type Rubber
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Glens Falls
Others
Tax ID 520500 303.17-3-15
Special Listing Condition Standard
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