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37-40 Lawrence Street

Glens Falls, NY 12801

Active

$825,000

Listing by:
Nicholas Ketter
Realize Brokers
518-307-7824

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.

$825,000
13.0
Bedrooms
10
Bathrooms
7,443
Sq. Ft.
$ 111
$/Sq. Ft.
0.42
Acres
Year Built:
1950
County:
Warren
School District:
Glens Falls
Acres:
0.42
Listing Agent:
Nicholas Ketter
Listing Office:
Realize Brokers
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BUYER'S AGENT

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Features

Square Feet: 7,443
Town: Glens Falls
Bedrooms: 13
Full Bathrooms: 10
Estimated Taxes: $23,121
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Electric, Hot Water, Natural Gas
Garage: 2
Property Style: Apartment 4 Plus Unit
Exterior: Brick Veneer, Vinyl Siding
Exterior Features: None
Parking Spaces: 6
Zoning: Commercial

Location



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