190 Ridge Street
- Multi-Family
- MLS # 202618545
Property Details
- Acres: 2.23
- Total Square Feet: 20,866
- Above Ground Square Feet: 20866
- Town: Glens Falls
- Property Type: Multi-Family
- Bedrooms: 18
- Full Bathrooms: 34
- School District: Glens Falls
- Estimated Taxes: $47,504
- Water: Public
- Sewer: Public Sewer
- Heat: Baseboard, Hot Water, Zoned, Natural Gas
- Property Style: Apartment 4 Plus Unit
- Basement: Exterior Entry, Full, Unfinished, Walk-Out Access
- Exterior: Stone, Cedar, Plaster, Wood Siding
- Exterior Features: None
- County: Warren
- Cooling: Window Unit(s), None
- Parking Spaces: 28
- Zoning: Multi Residence
- Interior Features: Built-in Features
Remarks
Income-producing 34-unit multifamily assemblage spanning four buildings on approximately 2.23 acres in the City of Glens Falls. Four well-located properties -- 195 Ridge St., 190 Ridge St., 45 William St., and 8 Lawton Ave. -- combine for a unit mix of 5 two-bedroom, 14 one-bedroom, and 15 studio apartments. Low vacancy and a stable rent roll drive consistent monthly cash flow, with ample on-site parking across all four buildings. Concentrated ownership in a single market makes this a manageable, scalable hold, with room to grow income through rent and operational improvements. Full financials provided to qualified buyers upon request. Schedule a private tour through the listing agent.
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Contact Daniel Davies
NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net
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