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Listed by Chad J Majewski • Chad Majewski Real Estate

$ 249,000

Est. payment -/mo

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9 Academy Place Gloversville, NY 12078

6 Beds

3 Baths

2,496 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $99

MLS Listing ID 202629297

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1880

Annual Tax Amount $4,628

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Triplex

Source Global MLS

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.

Location

State NY

County Fulton

Direction Kingsboro to Academy

Interior

Heating Forced Air, Hot Water, Space Heater, Natural Gas

Exterior

Garage Spaces 2.0

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Gloversville

Others

Tax ID 170500 134.11-5-16

Special Listing Condition Standard

Empire Real Estate Firm LLC

Broker

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