Back 148 N Arlington Ave
Active

148 N Arlington Ave

Gloversville NY 12078

6
5
7
3280 sq. ft.
8712 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

6 bedrooms
5 bathrooms
7 carspaces
3 garage spaces
3280 sq. ft. floor area
8712 sq. ft. lot size
Multi-Family

Property history for 148 N Arlington Ave

2018
Sold
$55,000
06 Feb 2018 by Charlene Strauser, of Coldwell Banker Arlene M. Sitt

Happy sellers in Gloversville

~%

We have insufficient information to provide an overview of customer satisfaction for Gloversville. Viewing the agent profiles, reviews and sales for Gloversville can provide insights for this location.

Local market activity for 6 bedroom multi families in Gloversville

© 2026 RateMyAgent