Duplex with Private
16 Montcalm Street Glens Falls, NY 12801
For Sale
$269,000
Updated two-unit duplex offers private front and rear entrances, a detached garage, and a large basement for added utility.
Property Size2,049 SF
Price / SF$131.28
Days on Market144
Property Features for 16 Montcalm Street
General Information
- Standard status
- Active
- Size
- 2,049 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1889
Listing Agency:
Berkshire Hathaway HomeServices Blake,REALTORS
Listed By:
Jeffrey D Andre
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Mar 3
Changed: Jul 10
Last Checked: Jul 15 at 8:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Blake,REALTORS
Investment Insights
Based on property information with market context.
This duplex includes two residential units with private entrances, one accessed from the front and the other from the rear. The upstairs apartment is currently vacant, providing immediate flexibility for an owner-occupant or future tenant. Both units have been recently updated, and the property was pressure washed on 04/30/26.
The layout is supported by a detached two-car garage and a clear, private backyard. Additional space is available in a large basement, which can support storage or other uses depending on tenant and owner needs. The property is centrally located within walking distance to local schools and a playground.
For buyers seeking a live-in arrangement, the vacant upstairs unit can be occupied while maintaining rental income from the downstairs tenant. The downstairs tenant would like to remain in place, which may help provide continuity for a new owner. For investors, the two-unit structure and recent updates offer a practical foundation for managing a stabilized residential income property.
The layout is supported by a detached two-car garage and a clear, private backyard. Additional space is available in a large basement, which can support storage or other uses depending on tenant and owner needs. The property is centrally located within walking distance to local schools and a playground.
For buyers seeking a live-in arrangement, the vacant upstairs unit can be occupied while maintaining rental income from the downstairs tenant. The downstairs tenant would like to remain in place, which may help provide continuity for a new owner. For investors, the two-unit structure and recent updates offer a practical foundation for managing a stabilized residential income property.
Key Highlights
- Updated 2‑unit duplex with private front and rear entrances for each unit
- Detached two‑car garage plus a clear, private backyard
- Large basement for additional space
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 |
2,049 SF · lease $14.04/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$267.5K
$234.1K – $312.1K
NOI $18,728 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$244.1K
$213.6K – $284.8K
NOI $17,087 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$613.3K
$536.6K – $715.5K
NOI $42,931 @ 7.0% cap · market cap 15.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated two-unit duplex offers private front and rear entrances, a detached garage, and a large basement for added utility.
Where is this duplex located?
The property is located at 16 Montcalm Street Glens Falls, NY.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Updated 2‑unit duplex with private front and rear entrances for each unit; Detached two‑car garage plus a clear, private backyard; Large basement for additional space
