Shelly Nichols
Licensed Real Estate Salesperson
REALTOR®
Sidney, NY
Office: (607) 604-4394 (607) 437-6317
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148 N Arlington Avenue, Gloversville, NY 12078

New - 22 Hours Ago

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Property Description

Turnkey 5-unit investment opportunity offering strong cash-flow potential and extensive updates throughout. This renovated multi-family property features beautifully refinished hardwood floors that add character, durability, and tenant appeal. Recent improvements also include fresh paint, updated lighting, electrical devices, and smoke and carbon monoxide detectors, creating a clean, move-in-ready environment for future tenants.Each unit features a private entrance, providing added privacy and a desirable single-family feel. Several units offer porch or balcony space, while the front and rear yard areas provide additional outdoor enjoyment. Spacious layouts, large bedrooms, and attractive finishes help support strong rental demand and long-term tenant retention.A major advantage for investors is that all units are separately metered for gas and electric, allowing tenants to pay their own utilities and helping keep owner expenses low. The property also includes a detached 3-car garage, offering valuable additional income potential. Rent the bays separately for storage or parking, provide garage space as a premium tenant amenity, or utilize the building for owner storage.Projected rents are approximately $4,750 per month, with the opportunity to increase overall revenue through garage rentals. The combination of strong income potential, separate utilities, and recent renovations creates an attractive investment opportunity with multiple income streams.Situated on a corner lot, the property benefits from excellent visibility, accessibility, and tenant appeal. Whether you're looking to expand your portfolio, pursue a BRRRR strategy, or acquire a strong buy-and-hold asset, this property offers the features investors seek most: refinished hardwood floors, private entrances, separate utilities, outdoor space, detached garage income potential, and strong cash-flow opportunity.

148 N Arlington Avenue | MLS# 202618818

This multi-family property located at 148 N Arlington Avenue, Gloversville, NY 12078 is currently listed for sale with an asking price of $299,999. N Arlington Avenue is located within the Gloversville school district. Search Gloversville real estate on shelly-nichols.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Garage: 3
Heating: Hot Water, Natural Gas
Home Style: Traditional
Lot Size: 0.20 Acres
Taxes: $4,243
Year Built: 1940

Feature Descriptions

Exterior: Other
Exterior: None
Fencing: None
Flooring: Vinyl, Hardwood, Laminate
Parcel #: 170500 134.18-13-1
Parking: Detached, Driveway, Garage
Parking Total: 7
Parking Total: 7
Sewer: Public Sewer
SQFT Above Grade Finished: 3280
Structures: Garage(s)
Water: Public

Local Schools

High School: Gloversville
School District: Gloversville

Estimate Your Payment

Estimated Payment

$ 1,108.75 per month $667.67 Principal & Interest $353.58 Property Tax $87.50 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Wolf River Real Estate, LLC
Agency Phone: 1 518-390-7059

Shown By

Agent Name: Shelly Nichols
Agent Phone: (607) 437-6317
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/05/2026. The listing information on this page last changed on 06/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/05/2026 12:00:59 AM EST) or Global MLS (last updated Thu 06/04/2026 11:52:32 PM EST) or New York State Alliance MLS (last updated Thu 06/04/2026 11:55:38 PM EST) or Hudson Valley Catskill Region MLS (last updated Thu 06/04/2026 11:51:27 PM EST) or OneKey MLS (last updated Thu 06/04/2026 11:53:36 PM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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