37-40 Lawrence Street, Glens Falls, NY 12801

$825,000
13
BD
10
BA
7,443
SqFt

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List Price
$825,000
MLS#
202626661
Style
Apartment 4 Plus Unit
Bedrooms
13
Bathrooms
10
Subdivision
Select One

Property Description

Ten-unit multifamily portfolio in the City of Glens Falls, offered as a single transaction: 37, 38, 39 and 40 Lawrence Street, on two adjoining tax parcels totaling +/-0.42 acres at the corner of Lawrence and Cherry Streets, about half a mile from downtown. The mix is three two-bedroom and seven one-bedroom apartments, all one bath, across two-story buildings. All ten units are leased. Public water and sewer, electric/natural gas heat, and a 0.34-acre corner lot at 38-40 Lawrence with a garage building for storage or future use. Zoned GC1 General Commercial. Nonprofit-owned and currently tax-exempt; a taxable buyer will carry full city, county and school taxes. 3D virtual tours of nine units. Offering memorandum available on request. Sold as-is. Do not disturb tenants.

Additional Information

Taxes
$23,121
Acres
0.42
Lot Description
Corner Lot, Cleared, Level, Road Frontage
School District
Glens Falls
Heating
Electric, Baseboard, Hot Water
Exterior Features
None
Construction
Brick Veneer, Vinyl Siding
Roof
Asphalt
Garage Spaces
2
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of listing agent Nicholas Ketter with Realize Brokers Brokerage, 518-307-7824.

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