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SINGLE_FAMILY - Glens Falls, NY
Downtown Glens Falls Mixed-Use Investment Portfolio - $690,000 An exceptional opportunity to own two well-maintained mixed-use buildings in the heart of downtown Glens Falls, offering a total of nine income-producing units-four storefronts and five apartments-with strong rental history and future growth potential. Located at 55 and 62 Lawrence Street, these properties have seen significant updates, including improvements to mechanical systems, finishes, paint, and storefronts. Most units have been renovated, while current rents remain below market, creating immediate potential for 10-15% increases upon renewal. Positioned just steps from The Shirt Factory, the Glens Falls Art Trail, and the city's thriving restaurant and entertainment scene, this portfolio benefits from excellent street visibility, strong pedestrian traffic, and ample community energy. These properties embody the downtow...
Downtown Glens Falls Mixed-Use Investment Portfolio - $690,000 An exceptional opportunity to own two well-maintained mixed-use buildings in the heart of downtown Glens Falls, offering a total of nine income-producing units-four storefronts and five apartments-with strong rental history and future growth potential. Located at 55 and 62 Lawrence Street, these properties have seen significant updates, including improvements to mechanical systems, finishes, paint, and storefronts. Most units have been renovated, while current rents remain below market, creating immediate potential for 10-15% increases upon renewal. Positioned just steps from The Shirt Factory, the Glens Falls Art Trail, and the city's thriving restaurant and entertainment scene, this portfolio benefits from excellent street visibility, strong pedestrian traffic, and ample community energy. These properties embody the downtown Glens Falls revitalization, offering investors a rare blend of stability, value-add potential, and pride of ownership in one of the Capital Region's most dynamic small cities. Package includes 55 Lawrence Street (4 units) and 62 Lawrence Street (5 units) - offered together for $690,000.
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