190 Ridge St. Glens Falls, NY 12801 $1,100,000 - Asset Class: Multi-Family

Overview

Desirable 13-unit Multifamily assemblage. This offering consists of a 9-unit and 4-unit situated on a large (+/-) 1.85 acre piece of property close to downtown Glens Falls. The 9-unit building has an updated (2018) on-demand h/w boiler heating system (landlord pays heat) and each unit is separately metered for electric (tenant pays electric and hot water). The 4-unit fronting William St. consists of (4) four 1-BR, 1 bath units each separately metered for gas and electric (tenant pays heat, electric and hot water). Strong rental history, excellent location, park-like grounds, ample off-street private parking and additional barn structure. Charm, history and upside.

Facts/Features

  • information
    13 Units
  • map-location
    Nice Downtown Location
  • car
    Private Parking Lot

Assemblage Unit Information

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190 Ridge St.

9-unit building with a lot of charm. Hot water baseboard heat, each unit separately zoned. Updated natural gas on-demand boiler system. Landlord pays heat. Each unit separately metered for electric. Hot water tanks on electric. Small office in this building. Laundry in basement.

Unit Mix

of 34 total units
Studios
One Bedrooms
Two Bedrooms
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45 William St.

4-unit building. Hot water baseboard heat, each unit has its own natural gas boiler. Each unit separately metered for gas and electric. Tenant pays heat and electricity.

Unit Mix

of 34 total units
Studios
One Bedrooms
Two Bedrooms

Financial Information and 3D Photos

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4K Drone Aerial Photo

An important view is from above. Check out this magnificent piece of Property from ~300 ft above.

Our Listing Team

Nic Ketter

Nic Ketter

Listing Agent

Licensed Real Estate Broker

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