Updated Duplex with Private
For Sale
$269,000
Pending
16 Montcalm Street, Glens Falls, NY 12801
MULTI_FAMILY - Other - Glens Falls, NY
Property Size2,049 SF
Lot Size0.17 Acres
Days on Market221
Property Features for 16 Montcalm Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3
Parking
8
Parking features
Off Street, Garage, Driveway
Patio and Porch features
Porch
Basement
Full, Walk-Out Access, Interior Entry, Exterior Entry
Lot features
Private, Level, Cleared
High school
Glens Falls
Elementary school district
Glens Falls
Middle school district
Glens Falls
High school district
Glens Falls
Directions
Go down Main St towards Glens Falls. Take a left onto Larose St. Take a left onto Montcalm. Property is down the street on the right hand side,
Standard status
Pending
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
Amenities
private entrances
large basement
private backyard
Building Details
Year built
1889
Number of units
2
Flooring type
Linoleum, Hardwood
Building materials
Vinyl Siding
Roof type
Slate
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices Blake
(518) 793-6628
Listed By:
Jeffrey D Andre · License #10301218004
(518) 307-1546
Added: Dec 26, 2025
Changed: Aug 3
Last Checked: Aug 4 at 1:06AM
MLS# 202531124
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.
Investment Insights
Based on property information with market context.
This updated duplex at 16 Montcalm Street offers separate living access with private entrances for each unit at the front and rear. The upstairs apartment is currently vacant, while the downstairs tenant would like to remain in place. The property includes a detached two-car garage, a clear private backyard, and a large basement for additional space. Construction materials include vinyl siding, and the home features a slate roof. Interior finishes include hardwood and linoleum flooring, with natural gas heating.
Additional details include public water and public sewer service, along with a porch. The exterior was completely pressure washed on 04/30/26.
The property is situated on a 0.17-acre lot with a total building size of 2,049 square feet. With schools and a playground within walking distance, it supports both owner-occupant and tenant-in-place scenarios.
Additional details include public water and public sewer service, along with a porch. The exterior was completely pressure washed on 04/30/26.
The property is situated on a 0.17-acre lot with a total building size of 2,049 square feet. With schools and a playground within walking distance, it supports both owner-occupant and tenant-in-place scenarios.
Key Highlights
- Upstairs unit is currently vacant; downstairs tenant would like to remain in place
- Private entrances for each unit at the front and rear
- Detached two‑car garage plus a clear, private backyard
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,992
Businesses Nearby
Explore this area
Business Placement
Demographics for 12801, NY
14,850
Population
7,287
Households
2
Avg Household Size
40
Median Age
33%
College-Educated
90%
High-School Grad
3.8 sq mi
ZIP Area
3,908
Density / Sq Mi
$70,019
Median Household Income
$46,700
Median Earnings
$1,050
Median Rent
$196,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Upstairs unit is vacant and both apartments have been recently updated, with private front and rear entrances plus a detached two-car garage.
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: Upstairs unit is currently vacant; downstairs tenant would like to remain in place; Private entrances for each unit at the front and rear; Detached two‑car garage plus a clear, private backyard
