Description
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.
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13BEDS
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0.42ACRES
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10BATHS
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01/2 BATHS
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7,443SQFT
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$111$/SQFT
Description
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.
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