437 Glen St
Listing Notes
One of the finest and most meticulously maintained four-unit properties in Glens Falls! Ideally located on prime Glen Street in the heart of downtown, this exceptional investment property is within walking distance to dowtown and on the bus route. Each unit offers an identical two-bedroom floor plan. Both first-floor apartments have been completely renovated, while one second-floor unit has been extensively updated with numerous modern improvements. Both 1st floor units are being kept vacant for ease of showings, also ideal for owner-occupancy or to achieve top-market rental income (estimated at $1,600/unit). Long-term tenants are in place upstairs; 1 month to month and the other with a 1 year lease. The owner currently pays heat (less than $1,000 annually) and electric; however, separate electric panels provide the opportunity to transfer electric costs to tenants. Recent improvements include a renovated two-car garage, a newly added washer/dryer hookup in the foyer, and a freshly seal-coated driveway. Existing rents are well below market, offering outstanding upside potential for increased cash flow. Seller financing available!
Price in context
Cheaper than 12% of the 24 homes listed nearby right now, which run $329,000 to $850,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 8 Sherman Ave | $329,000 | 5 bd · 2 ba |
| 16 Empire Ave | $330,000 | 2 bd · 1 ba |
| 32 Prospect St | $339,000 | 7 bd · 2 ba |
| 141 Sanford St | $349,900 | 3 bd · 2 ba |
| 69 Orchard St | $349,900 | 5 bd · 3 ba |
| 389 Bay Rd | $349,900 | — |
| 1 Newcomb St | $349,999 | 3 bd · 2 ba |
| 20 Westwood Dr | $359,000 | 3 bd · 3 ba |
| 27 W Notre Dame St | $375,000 | 4 bd · 3 ba |
| 13 Pershing Rd | $375,000 | 3 bd · 2 ba |
| 11 Hughes Ct | $399,900 | 3 bd · 2 ba |
| 634 Glen St | $420,000 | 5 bd · 2 ba |
| 27 Pershing Rd | $425,000 | 4 bd · 2 ba |
| 20 Hidden Hills Dr | $425,000 | 3 bd · 2 ba |
| 7B Parkview Ave | $439,900 | 3 bd · 2 ba |
| 18 Monroe St | $450,000 | 4 bd · 3 ba |
| L18 Country Club Rd | $450,000 | — |
| 152 Warren St | $469,000 | 5 bd · 3 ba |
| 85 Fort Amherst Rd | $485,000 | 3 bd · 2 ba |
| 79 Sheridan St | $499,000 | 5 bd · 3 ba |
| 493 Glen St | $579,900 | 9 bd · 6 ba |
| 542 Glen St | $775,000 | 6 bd · 4 ba |
| 71 Main Street | $779,000 | — |
| 499 Glen St | $850,000 | 7 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more