Wash and Wear Laundry

Wash and Wear, South Glens Falls

Tremendous MultiFamily investment opportunity with future development potential! Phase 1 was completed in (2016) with 5 beautiful 1,600 SF 3 BR, 2.5 Bath townhome apartment units - each with its own corresponding 1 car garage. Each & every unit offer's high efficiency gas hot air heat with A/C, gas fireplaces, custom maple kitchens w/stainless steel appliances, 9' ceilings, interior sprinkler systems and private patio. Phase 2 of the project is fully planned with utility infrastructure in place. Phase 2 of the project is 4 additional townhome apartment units, each w/2 car garages - spread across 2 buildings. Financials and Phase 2 information available upon request. All 5 units currently leased, solid rental history.

Asking $899,000

Asset Class: MultiFamily

1,600 SF | 3 Bed | 2.5 Bath

(5) Units | 100% Leased

2.80 Acres

Investment Highlights

5 New (2016) 3 BR, 2.5 Bath w/ Garage Units

  • All units have modern floor plans, SS appliances, separately metered utilities

Phase 2 Development Potential

  • Phase 2 is already planned, w/utilties infrastructure in place.

100% Leased

  • Solid rental history at market rates.

Landlord & Tenant Responsibilities

Landlord Responsibilities:

  • Taxes
  • Insurances
  • Trash Removal
  • Water/Sewer
  • Maintenence

Tenant Responsibilities:

  • Rent
  • Utilties (Gas & Electric)
  • Telephone/Cable/Internet
  • Renter's Insurance
  • Maintain interior of property
  • Maintain exterior patio/driveway area

3-D Tour

Check out a unit in 3-D

View Unit 10B in 3-d through sequential still images that have been stitched together to simulate the space for you virtually. All photos have been taken by Realize Brokers.

4K HD Drone Aerial Photo

King Fox Way Drone

4K HD Drone Aerial Photo

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

Area Info

default

About The Village of Hudson Falls

Hudson Falls, New York is located approximately 55 miles north of Albany and just 13 minutes from Lake George, New York, a popular vacation spot. Hudson Falls is located in what is described as the foothills of the Adirondack Mountains. Hudson Falls borders several townships including Queensbury, Fort Edward, Moreau and Kingsbury. The Hudson River runs along the western border of the Village.

Our Listing Team

Nic Ketter

Listing Agent

Licensed Real Estate Broker

Further Interest? We'd Love to help.

Please enter your name.
Please enter a message.