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Triplex with Two-Car Garage
New
For Sale
$249,000

9 Academy Place, Gloversville, NY 12078

Three vacant apartments have refreshed kitchens and bathrooms, with a garage and porches serving the property.

Property Size2,496 SF
Price / SF$99.76
Days on Market6

Property Features for 9 Academy Place

General Information

Standard status Active
Size 2,496 SF
Total Parking Spaces 2
Property subtype Multi-family

Units

Unit Mix 1 x 3BR, 1 x 1BR, 1 x 2BR
Multifamily Units 3

Amenities

front and rear porches

Building Details

Year Built 1880
Listing Agency: Chad Majewski Real Estate
Listed By: Chad J Majewski · License #10371201846
Source: Signatureonerealtygroup
Added: Oct 29 Changed: Nov 1 Last Checked: Nov 1 at 5:09AM

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 Chad Majewski Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 2,496-square-foot triplex, built in 1880, contains three vacant apartments. The first-floor unit has three bedrooms, a living room with a natural gas stove, a formal dining room, an updated kitchen and a new full bathroom. Upstairs, the front apartment has one bedroom, a living room and a kitchen; the rear apartment has two bedrooms, a living room, a new kitchen and a new full bathroom. Window replacements and kitchen and bathroom updates are among the property improvements.

A two-car garage and porches at the front and rear add shared exterior features. The property is located at 9 Academy Place in Gloversville, New York.

Key Highlights

  • Three vacant apartments with a 3‑bedroom, 1‑bedroom and 2‑bedroom layout
  • 2,496 square feet; built in 1880
  • First‑floor apartment includes a natural gas stove and formal dining room

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

381
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three vacant apartments have refreshed kitchens and bathrooms, with a garage and porches serving the property.
Where is this triplex located?
The property is located at 9 Academy Place Gloversville, NY.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Three vacant apartments with a 3‑bedroom, 1‑bedroom and 2‑bedroom layout; 2,496 square feet; built in 1880; First‑floor apartment includes a natural gas stove and formal dining room
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