50 6th Avenue, Gloversville, NY 12078

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Property Description

Check out this well-maintained two-family property offering both owner-occupied potential and strong investment appeal in the City of Gloversville. Situated on a corner lot, this property features two spacious 3-bedroom, 1-bath units, each with separate utilities and month-to-month leases, providing flexibility for investors or buyers looking to occupy one unit while generating rental income from the other.The upstairs unit was completely renovated in 2022, and features new flooring throughout. Both units enjoy access to multiple porches, adding charm and outdoor living space for tenants or owners alike.Additional highlights include off-street parking (paved driveway) for both units, a garage, and a full basement providing ample storage. The property also offers future value-add potential with the possibility to expand and finish the attic.With a strong capitalization rate of approximately 9%, this property presents an excellent opportunity for investors seeking solid returns or buyers looking to offset their mortgage with rental income.Whether you're expanding your portfolio or searching for a versatile owner-occupied property, this property checks all the boxes. Schedule your showing today!

50 6th Avenue | MLS# 202613016

This multi-family property located at 50 6th Avenue, Gloversville, NY 12078 is currently listed for sale with an asking price of $179,900. 6th Avenue is located within the Gloversville school district. Search Gloversville real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Unfinished
Basement: Yes
Cooling: None
Garage: 1
Heating: Forced Air, Radiant, Steam, Natural Gas
Home Style: Traditional
Lot Size: 0.14 Acres
Roof Type: Tile
Taxes: $2,550
Year Built: 1900

Feature Descriptions

Days on Site: 12
Exterior: Vinyl Siding
Exterior: None
Flooring: Vinyl, Hardwood, Laminate
Foundation: Stone
Laundry: None
Lot: Corner Lot
Lot Dimensions: 67'x91'x67'x93'
Parcel #: 170500 134.15-24-1
Parking: Off Street, Paved, Detached, Driveway, Garage
Parking Total: 6
Parking Total: 6
Patio/Porch: Porch, Side Porch, Deck, Front Porch
Sewer: Public Sewer
SQFT Above Grade Finished: 2230
Structures: Garage(s)
Water: Public

Local Schools

High School: Gloversville
School District: Gloversville

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Estimated Payment

$ 665.35 per month $400.38 Principal & Interest $212.50 Property Tax $52.47 Homeowner's Insurance

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

Demographics

Listed By / Shown By

Listing By

Agency Name: Properly
Agency Phone: 1 518-289-1040

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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