Wholesale Deal Glens Falls NY
***Attention Investors!! Wholesale Deal, Easy Flip with 50K Profit!!
Union St Glens Falls NY
Purchase Price 54,500K
Property is a 4 Bedroom 2 Bath 1400sqft Built in 1891.
Updated HVAC, Central Air, Electrical Wiring and panel, New PVC main sewer line, new hot water tank. Good condition slate roof. You may want to convert to a 3/2 because 2 of the upstairs bedrooms are small and one has a low ceiling height. Comps were done based on in being converted to a 3/2.
** The Property was a duplex at one time, could be converted back, im not sure how much $$ it would take. **
**This could be a great BBBR deal. If held as a rental the rehab would be around 20K and you could probably refi all of the cash out at the end**
Property is in livable condition.To flip you would need new kitchen and baths, Paint and flooring throughout. It would be possible to make a first floor master, with walk in closet by moving one wall. Smaller lot. Would be a great low maintenance home for someone who doesn’t want too much to mow. Very short walk to downtown Glens Falls. Has off street parking for 2, possibly 3 cars. Would be a great cosmetic flip since all of the mechanicals are updated and in good condition.
This is a contract for sale. It is a wholesale deal. I have a signed contract that I am willing to transfer my rights to.
Attached is a link to photos of the inside:
If you're a serious buyer, a walkthrough can be scheduled if needed. Do not visit the property on your own, it is currently occupied. This needs to be a cash purchase. No bank financing will be accepted. A $2,500 non-refundable depot is due at signing.
24 Sherman Ave 4/2 1450sqft No Garage, Renovated $175k
10 Ogden St 3/2 1100 sqft Garage, Renovated, Smaller House $168K
11 Grand St 4/2 1400 Sqft No Garage, Renovated $143k
34 Union St, Glens Falls, NY 12801
Rental Property Calculator
Watch this video as Brandon shows you how to analyze a rental property with the BiggerPockets Rental Property Calculator
- Determine the profitability of a potential rental property
- Estimate potential monthly and annual cash flow
- Create printable PDFs to show lenders or partners*
- Calculate return on investment over time
- Plan for unforeseen expenses
*only Pro members can generate PDF reports
*The cap rate and cash on cash return calculations found on BiggerPockets Listings are designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
Only paying BiggerPockets members can do this!
Upgrade your account to a Plus or Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!