148 North Arlington Gloversville, NY 12078
New
- Added:
- Apr 7, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 10 at 10:06 am
Property Features for 148 North Arlington
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 5
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
- Parking features
- Garage, Garage - Detached
- Interior features
- Corner Unit
- Exterior features
- Corner Unit
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 3,500 SF
Taxes and HOA fees
- Tax Annual Amount
- 2670
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1940
- Year renovated
- 1940
- Floors in Building
- 2
- Flooring type
- Hardwood
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Angela Gonyo (518) 390-7059
Listing office WOLF RIVER REAL ESTATE LLC 1425 State St, SCHENECTADY, NY (518) 390-7059
Listing date Apr 7, 2026
MLS# 11688241
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turnkey Investment Property in Gloversville
Located in Gloversville, this turnkey, fully renovated 5-family investment property offers over 3,000 square feet. Each unit has been updated with hardwood flooring, fresh paint, updated electrical outlets, switches, lighting fixtures, and smoke and carbon monoxide detectors. Each unit is separately metered for gas and electric, allowing tenants to pay their own utilities. All units feature private entrances along with individual porch or balcony space. The property also offers front and backyard space. The layout includes large bedrooms and spacious living areas. Situated on a corner lot, the property benefits from visibility, natural light, and accessibility. Additional income potential is provided by the detached 3-car garage, which can be rented for parking or storage. Projected rental income is approximately $4,750 per month, or $57,000 annually. With operating expenses around $6,000 per year, including taxes, National Grid, and water, the property generates an estimated $51,000 net operating income. The property size is 3500 Square Feet and the lot size is 0 acres. All mechanical systems are operational, and appliances are in place, allowing for immediate tenant placement and income generation. This property is well-suited for buy-and-hold investors, BRRRR strategy, portfolio expansion, or those seeking passive income.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Gloversville
- County
- Fulton
- State
- New York
- Longitude
- -74.347993
- Latitude
- 43.056226
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully renovated 5-unit property with strong cash flow potential.
Where is this apartment building located?
The property is located at 148 North Arlington Gloversville, NY.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: High Cap Rate (approximately 17%) indicating a high‑yield investment opportunity.; Strong, immediate cash flow potential with an estimated $51,000 net operating income annually.; Separately metered gas and electric for each unit, allowing tenants to pay their own utilities.
