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9 Academy Place, Gloversville, NY 12078

New - 38 Hours Ago
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Property Description

Excellent investment opportunity in the heart of Gloversville! This well-maintained triplex offers numerous upgrades, including new windows, updated kitchens, bathrooms and more. The spacious first-floor apartment features three bedrooms, living room with natural gas stove, formal dining room, updated kitchen and new full bathroom. The second-floor front apartment offers one bedroom, living room and kitchen, while the second-floor rear apartment features two bedrooms, living room, new kitchen and new full bathroom. Additional amenities include a two-car garage and front and rear porches. The entire property is vacant and ready for immediate occupancy, giving the new owner the flexibility to establish their own rental rates and select tenants. With projected rental income of up to $4,000 per month or $48,000 annually, this property offers outstanding income potential. Ideal for seasoned investors looking to expand their portfolio, first-time investors entering the rental market, or owner-occupants seeking to offset their mortgage with rental income. With major improvements already completed, three vacant units and strong projected rental potential, this is an opportunity worth serious consideration. Investors, take notice! Properties offering this level of flexibility and income potential deserve a closer look.

9 Academy Place | MLS# 202629297

This multi-family property located at 9 Academy Place, Gloversville, NY 12078 is currently listed for sale with an asking price of $249,000. Academy Place is located within the Gloversville school district. Search Gloversville real estate on lisa-miller.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Garage: 2
Heating: Forced Air, Hot Water, Space Heater, Natural Gas
Home Style: Traditional
Lot Size: 0.19 Acres
Taxes: $4,628
Year Built: 1880

Feature Descriptions

Days on Site: 1
Exterior: Vinyl Siding
Parcel #: 170500 134.11-5-16
Parking Total: 4
Parking Total: 4
Sewer: Public Sewer
SQFT Above Grade Finished: 2496
Water: Public

Local Schools

High School: Gloversville
School District: Gloversville

Estimate Your Payment

Estimated Payment

$ 1,012.46 per month $554.17 Principal & Interest $385.67 Property Tax $72.63 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Chad Majewski Real Estate
Agency Phone: 1 518-774-0437

Shown By

Agent Name: Lisa K Miller
Agent Phone: (518) 867-7699 Cell
Agency Title: Coldwell Banker Prime Properties

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