16 Montcalm Street, Glens Falls, NY 12801
MULTI_FAMILY - Other - Glens Falls, NY
- Added:
- Dec 26, 2025
- Days on Market:
- 175
- Last Refresh:
- Jun 19 at 9:06 am
Property Features for 16 Montcalm Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2
- Parking
- 8
- Parking features
- Driveway, Garage, Off Street
- Patio and Porch features
- Porch
- Basement
- Interior Entry, Full, Exterior Entry, Walk-Out Access
- Standard status
- Active
- APN
- 520500 309.27-6-31
- Size
- 2,049 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5617
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1889
- Number of units
- 2
- Flooring type
- Hardwood, Linoleum
- Building materials
- Vinyl Siding
- Roof type
- Slate
- Architectural style
- Other
Listing agent Jeffrey D Andre License #10301218004 (518) 307-1546
Listing office Berkshire Hathaway HomeServices Blake, REALTORS 699 Upper Glen St, Albany, NY (518) 793-6628
Listing date Dec 26, 2025
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Potential for immediate income generation with $1,400/month per unit.
- Updated units, appealing to both investors and owner‑occupants.
- Enjoy a detached two‑car garage and private backyard.
- Private front and rear entrances for each unit.
- Centralized location within walking distance to schools and a playground.
- Large basement providing additional space.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $14.04 |
| − Vacancy | −$2.0k | −$0.98 |
| EGI | $26.8k | $13.06 |
| − OpEx | −$8.0k | −$3.92 |
| NOI | $18.7k | $9.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Glens Falls
- County
- Warren
- State
- New York
- Longitude
- -73.652529
- Latitude
- 43.308057
