148 N Arlington, Gloversville, NY 12078
- Added:
- Apr 7, 2026
- Days on Market:
- 88
- Last Refresh:
- Jul 3 at 7:06 pm
Property Features for 148 N Arlington
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 4, Bathroom 3
- Standard status
- Active
- Size
- 3,500 SF
Taxes and HOA fees
- Tax Annual Amount
- 2670
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Flooring type
- Hardwood
- Roof type
- Asphalt
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
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.
HighLights
- 5‑family investment property in Gloversville built in 1940 with over 3,000 sq ft total
- Hardwood flooring and updated unit finishes, including fresh paint and updated electrical outlets, switches, and lighting fixtures
- Each unit is separately metered for gas and electric so tenants pay their own utilities
- Private entrances plus individual porch or balcony space; also includes front and backyard space
- Detached 3‑car garage can add additional rental/parking or storage income potential
- Projected income: $4,750/month (~$57,000/year) with estimated operating expenses ~$6,000/year for ~$51,000 NOI; listed at $299,999 (~17% cap rate)
Overview
The property is located at 148 N Arlington in Gloversville, New York, on a corner lot. The corner configuration supports natural light and accessibility, with front and outdoor space contributing to usability for residents.
Designed to reduce day-to-day owner expenses, the building has separate utility metering for gas and electric, allowing tenants to pay their own utilities. The mechanical systems are operational and appliances are in place to support immediate occupancy. The seller-provided projections estimate approximately $4,750 per month in rental income, with operating expenses around $6,000 per year (including taxes, National Grid, and water), resulting in estimated net operating income of about $51,000. This setup may appeal to investors seeking a manageable, update-complete multifamily asset with consistent resident-focused features.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gloversville
- County
- Fulton
- State
- New York
- Longitude
- -74.347993
- Latitude
- 43.056226