148 N Arlington Avenue, Gloversville, NY 12078
Local realty services provided by:HUNT Real Estate ERA
Listed by: angela gonyo
Office: wolf river real estate llc.
MLS#:202618818
Source:Global MLS
Price summary
- Price:$299,999
- Price per sq. ft.:$91.46
About this home
Turnkey 5-unit investment opportunity offering strong cash-flow potential and extensive updates throughout. This renovated multi-family property features beautifully refinished hardwood floors that add character, durability, and tenant appeal. Recent improvements also include fresh paint, updated lighting, electrical devices, and smoke and carbon monoxide detectors, creating a clean, move-in-ready environment for future tenants.
Each unit features a private entrance, providing added privacy and a desirable single-family feel. Several units offer porch or balcony space, while the front and rear yard areas provide additional outdoor enjoyment. Spacious layouts, large bedrooms, and attractive finishes help support strong rental demand and long-term tenant retention.
A major advantage for investors is that all units are separately metered for gas and electric, allowing tenants to pay their own utilities and helping keep owner expenses low. The property also includes a detached 3-car garage, offering valuable additional income potential. Rent the bays separately for storage or parking, provide garage space as a premium tenant amenity, or utilize the building for owner storage.
Projected rents are approximately $4,750 per month, with the opportunity to increase overall revenue through garage rentals. The combination of strong income potential, separate utilities, and recent renovations creates an attractive investment opportunity with multiple income streams.
Situated on a corner lot, the property benefits from excellent visibility, accessibility, and tenant appeal. Whether you're looking to expand your portfolio, pursue a BRRRR strategy, or acquire a strong buy-and-hold asset, this property offers the features investors seek most: refinished hardwood floors, private entrances, separate utilities, outdoor space, detached garage income potential, and strong cash-flow opportunity....
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Home facts
- Year built:1940
- Listing ID #:202618818
- Added:74 day(s) ago
- Updated:August 18, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Hardwood, Laminate, Vinyl
- Basement Description:Full, Unfinished
- Living area:3,280 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1940
- Building area:3,280 sq. ft.
- Lot area:0.2 Acres
- Architectural Style:Traditional
Schools
- High school:Gloversville
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$299,999
- Price per sq. ft.:$91.46
- Tax amount:$4,243
Parking
- Total parking spaces:7
- Parking description:Detached, Driveway, Garage
- Garage:Yes
- Garage spaces:3
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