50 6th Avenue

Check out this well-maintained two-family property offering both owner-occupied potential and strong investment appeal in the City of Gloversville. Situated on a corner lot, this property features two spacious 3-bedroom, 1-bath units, each with separate utilities and month-to-month leases, providing flexibility for investors or buyers looking to occupy one unit while generating rental income from the other. The upstairs unit was completely renovated in 2022, and features new flooring throughout. Both units enjoy access to multiple porches, adding charm and outdoor living space for tenants or owners alike. Additional highlights include off-street parking (paved driveway) for both units, a garage, and a full basement providing ample storage. The property also offers future value-add potential with the possibility to expand and finish the attic. With a strong capitalization rate of approximately 9%, this property presents an excellent opportunity for investors seeking solid returns or buyers looking to offset their mortgage with rental income. Whether you're expanding your portfolio or searching for a versatile owner-occupied property, this property checks all the boxes. Schedule your showing today!