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.
Features
13 bedrooms
10 bathrooms
directions_car6 carspaces
directions_car2 garage spaces
7443 sq. ft. floor area
crop_free18295.2 sq. ft. lot size
cottageMulti-Family
Property history for 37 Lawrence Street
2022
Sold
Undisclosed
07 Dec 2022 by Teresa Gitto, of Coldwell Banker Commercial NRT
Happy sellers in Glens Falls
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Local market activity for 13 bedroom multi families in Glens Falls
Sold
For Sale
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