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Fully Occupied Quadplex
For Sale
$95,000
Pending

48 Prospect Ave, Gloversville, NY 12078

Four separately metered apartments offer flexible month-to-month occupancy and off-street parking.

Property Size2,536 SF
Days on Market191

Property Features for 48 Prospect Ave

General Information

Standard status Pending
Size 2,536 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,576
Listing Agency: Howard Hanna Capital Inc
Listed By: Bradley S Yerdon · License #40YE1081972
Source: Exprealty
Added: Feb 27 Changed: Aug 30 Last Checked: Aug 31 at 7:49PM

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 Howard Hanna Capital Inc

Investment Insights

Based on property information with market context.

This four-unit residential income property at 48 Prospect Ave in Gloversville includes two one-bedroom apartments and two two-bedroom apartments. The layout provides six bedrooms and four full bathrooms overall, with each residence offering a private kitchen, living area, and bathroom. All four units are occupied under month-to-month leases, supporting flexible future planning.

Separate electric and gas meters serve each apartment, simplifying utility administration. The property also provides off-street parking and is positioned in an established Gloversville neighborhood near local amenities.

Key Highlights

  • Four‑unit quadplex with two one‑bedroom and two two‑bedroom apartments
  • Six bedrooms and four full bathrooms across the property
  • All four apartments occupied with month‑to‑month leases

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Carpet & Flooring Store Catering Service Real Estate Agency Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

Demographics for 12078, NY

23,009
Population
11,668
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
87%
High-School Grad
110.8 sq mi
ZIP Area
208
Density / Sq Mi
$54,565
Median Household Income
$36,769
Median Earnings
$908
Median Rent
$122,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately metered apartments offer flexible month-to-month occupancy and off-street parking.
Where is this quadplex located?
The property is located at 48 Prospect Ave Gloversville, NY.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Four‑unit quadplex with two one‑bedroom and two two‑bedroom apartments; Six bedrooms and four full bathrooms across the property; All four apartments occupied with month‑to‑month leases
More about this property
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