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Six-Unit Multifamily Investment Opportunity
For Sale
$245,000
Pending

62 Orchard Street, Gloversville, NY 12078

MULTI_FAMILY - Other - Gloversville, NY

Property Size3,968 SF
Lot Size0.18 Acres
Days on Market99

Property Features for 62 Orchard Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 1, Bathroom 5, Bedroom 5, Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 6, Bedroom 6, Bedroom 2
Parking 8
Parking features Off Street, Garage
Patio and Porch features Porch
Basement Exterior Entry, Unfinished
High school Gloversville
Elementary school district Gloversville
Middle school district Gloversville
High school district Gloversville
Directions From W Fulton Street, turn onto Orchard Street. Multi unit will be on right, just before Grand Street.
Standard status Pending
APN 170500 134.17-10-1
Size 3,968 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 5156

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1960
Number of units 6
Flooring type Carpet, Linoleum, Vinyl
Building materials Vinyl Siding, Wood Siding
Roof type Metal
Architectural style Other
Listing Agency: KW Platform · Keller Williams Realty
Listed By: Christa Richardson · License #10401390688
Added: May 22 Changed: Jul 24 Last Checked: Aug 28 at 7:06PM
MLS# 202617876

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 six-unit multifamily property presents an investment opportunity with income potential. The property requires updates, offering a chance to add value and increase future returns. The property includes a second parcel on 127 Grand Street, featuring a 0.1-acre lot with a detached two-car garage and a paved parking area. Located in Gloversville, New York, the property is near shopping, dining, schools, and local amenities. The building has 3,968 square feet of space and sits on a 0.18-acre lot.

Key Highlights

  • 6‑unit property built in 1960 with 6 bedrooms and 6 bathrooms (Bedroom 1‑6; Bathroom 1‑6)
  • Metal roof and natural gas heating
  • Siding includes vinyl siding and wood siding

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Electrical Service Carpet & Flooring Store Daycare Center Barber Shop Furniture & Home Goods

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

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

579
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?
Apartment building - Six-unit property with income potential near local amenities.
Where is this apartment building located?
The property is located at 62 Orchard Street Gloversville, NY.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 6‑unit property built in 1960 with 6 bedrooms and 6 bathrooms (Bedroom 1‑6; Bathroom 1‑6); Metal roof and natural gas heating; Siding includes vinyl siding and wood siding
More about this property
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