$ 690,000
-
$690,000
Price -
0
Bed - Bath
-
4,000
SqFt
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About the Listing o2015G - 3552,30749
Downtown Glens Falls Mixed-Use Investment Portfolio - $690,000 An exceptional opportunity to own two well-maintained mixed-use buildings in the heart of downtown Glens Falls, offering a total of nine income-producing units—four storefronts and five apartments—with strong rental history and future growth potential. Located at 55 and 62 Lawrence Street, these properties have seen significant updates, including improvements to mechanical systems, finishes, paint, and storefronts. Most units have been renovated, while current rents remain below market, creating immediate potential for 10-15% increases upon renewal. Positioned just steps from The Shirt Factory, the Glens Falls Art Trail, and the city's thriving restaurant and entertainment scene, this portfolio benefits from excellent street visibility, strong pedestrian traffic, and ample community energy. These properties embody the downtown Glens Falls revitalization, offering investors a rare blend of stability, value-add potential, and pride of ownership in one of the Capital Region's most dynamic small cities. Package includes 55 Lawrence Street (4 units) and 62 Lawrence Street (5 units) - offered together for $690,000.
Listing Highlights for 6062 60-62 Lawrence St
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Electric,Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Road Frontage
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 0.16 ac
- Zoning: Mixed
- Roof: Rubber,Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $17,418
- Taxes w/Assessments: N/A
- Tax/Property ID: 520500 303.17-3-15
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
6062 60-62 Lawrence St Glens Falls, NY 12801
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