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Listed by Angela Gonyo • Wolf River Real Estate LLC

$ 279,999

Est. payment -/mo

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Active

148 N Arlington Avenue Gloversville, NY 12078

6 Beds

5 Baths

3,280 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,280 sqft

Price per Sqft $85

MLS Listing ID 202625172

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1940

Annual Tax Amount $4,243

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Multi Family

Source Global MLS

Property Description

Turnkey 5-unit investment opportunity offering strong cash-flow potential and extensive updates throughout. This renovated multi-family property features beautifully refinished hardwood floors that add character, durability, and tenant appeal. Recent improvements also include fresh paint, updated lighting, electrical devices, and smoke and carbon monoxide detectors, creating a clean, move-in-ready environment for future tenants. Each unit features a private entrance, providing added privacy and a desirable single-family feel. Several units offer porch or balcony space, while the front and rear yard areas provide additional outdoor enjoyment. Spacious layouts, large bedrooms, and attractive finishes help support strong rental demand and long-term tenant retention. A major advantage for investors is that all units are separately metered for gas and electric, allowing tenants to pay their own utilities and helping keep owner expenses low. The property also includes a detached 3-car garage, offering valuable additional income potential. Rent the bays separately for storage or parking, provide garage space as a premium tenant amenity, or utilize the building for owner storage. Projected rents are approximately $4,750 per month, with the opportunity to increase overall revenue through garage rentals. The combination of strong income potential, separate utilities, and recent renovations creates an attractive investment opportunity with multiple income streams. Situated on a corner lot, the property benefits from excellent visibility, accessibility, and tenant appeal. Whether you're looking to expand your portfolio, pursue a BRRRR strategy, or acquire a strong buy-and-hold asset, this property offers the features investors seek most: refinished hardwood floors, private entrances, separate utilities, outdoor space, detached garage income potential, and strong cash-flow opportunity.

Location

State NY

County Fulton

Direction I-90 W → Exit 27 Amsterdam/NY-30 → NY-30 N toward Gloversville → right on NY-29/W Fulton St → left on N Arlington Ave → #148 is on the right.

Interior

Heating Hot Water, Natural Gas

Flooring Vinyl, Hardwood, Laminate

Exterior

Exterior Feature None

Parking Features Detached, Driveway, Garage

Garage Spaces 3.0

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Gloversville

Others

Tax ID 170500 134.18-13-1

Special Listing Condition Standard

Virtual Tour https://app.doaudiotours.com/unbranded?id=29470&lang=en-US

Jordan Bernard

NYS Licensed Real Estate Salesperson

+1(347) 585-8366 | jmbernardhome1s@gmail.com

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