Always rented, 4 unit. Rents are below market. Long term tenants. Five year old roof. Brand new furnace. ROI 20% annually, $9K in annual positive cas flow, 10% CAP rate value $182,600.
Multi-familyProperty Type
1915Year Built
$117Est. Price/Sq.Ft.
Listing by Edward Plog-Realty USA• Non-Member Office
•518-573-6153 (agent)
•eplog@realtyusa.com (agent)
Bought with Lisa Ostrander• Howard Hanna Capital Inc
Always rented 4 unit. Rents are below market. Long term tenants. Five year old roof. ROI 20% annually, $9K in annual positive cash flow, 10% CAP rate value $182,600. Very Good Condition
Global MLS #104782
May 20, 2013
Listing Removed
—
May 20, 2009
Listed
$159,900
$53/sq ft
Global MLS #82506
May 24, 2005
Sold
$79,235
$26/sq ft
Feb 13, 2004
Listed
$82,900
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$7,180
$37,700 + $218,500
$256,200
2025
$7,180 (+1.0%)
$37,700 + $218,500
$256,200
2024
$7,110 (+1.8%)
$37,700 + $218,500
$256,200
2023
$6,986 (+1.3%)
$37,700 + $206,300
$244,000
2022
$6,896 (+28.9%)
$37,700 + $206,300
$244,000
2021
$5,349 (−0.5%)
$18,900 + $102,000
$120,900
2020
$5,373 (+1.0%)
$18,900 + $102,000
$120,900
2019
$5,321 (+85.7%)
$18,900 + $102,000
$120,900
2018
$2,865 (+1.3%)
$18,900 + $102,000
$120,900
2017
$2,829 (+2.1%)
$18,900 + $102,000
$120,900
2015
$2,772 (+2.0%)
$18,900 + $102,000
$120,900
2014
$2,718
$18,900 + $102,000
$120,900
Tax history for 155 Ridge St
Year
Property tax
Land + Additions
Assessment*
2026
$7,180
$37,700 + $218,500
$256,200
2025
$7,180 (+1.0%)
$37,700 + $218,500
$256,200
2024
$7,110 (+1.8%)
$37,700 + $218,500
$256,200
2023
$6,986 (+1.3%)
$37,700 + $206,300
$244,000
2022
$6,896 (+28.9%)
$37,700 + $206,300
$244,000
2021
$5,349 (−0.5%)
$18,900 + $102,000
$120,900
2020
$5,373 (+1.0%)
$18,900 + $102,000
$120,900
2019
$5,321 (+85.7%)
$18,900 + $102,000
$120,900
2018
$2,865 (+1.3%)
$18,900 + $102,000
$120,900
2017
$2,829 (+2.1%)
$18,900 + $102,000
$120,900
2015
$2,772 (+2.0%)
$18,900 + $102,000
$120,900
2014
$2,718
$18,900 + $102,000
$120,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
55 ft.
Lot depth
98 ft.
Lot size
5,426 Sq. Ft.
Year renovated
—
Sq. Ft.
4,526
Year built
—
Style
Multi-Family (5+ Unit)
County
Warren County
APN
520500A30301700010200000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
R-2
Two-Family Residential District
The general purpose and intent of this residential zoning district is to provide for one- and two-family dwellings within the City of Glens Falls, at a greater density than the R-1A and R-1B single-family districts. This district is intended to protect the basic low-density residential character of areas developed for one- and two-family residences and prevent the subdivision of one- and two-family residential structures into multifamily dwellings in areas unable to accommodate greater densities. In promoting the general purpose of this chapter, the specific intent is: To preserve the basic low-density residential character of areas within the City of Glens Falls where increased densities would create traffic and parking problems and have a detrimental effect on the quality of the residential environment; to permit the development of recreational and public education facilities required for, and compatible with, a balanced residential neighborhood; To prohibit all business, commercial and industrial development of the land, to prohibit any other nonconforming use which would substantially interfere with or be deleterious to the development or continuation of single-family and two-family dwellings in this residential zoning district; To encourage the discontinuance of existing uses that would not be allowed as new uses under the provisions of this section; To discourage land use that would generate traffic on residential streets other than normal traffic to and from the residences on those streets.; No unhosted short-term rentals shall be permitted to operate in the R-2 Two-Family Districts.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Educational/school
Recreation-Other
Park & open space
Property details
Interior
Multi-Family Information
# of Units (Total): 4
Tenant Pays: Hot Water, Electricity
Owner Pays: Trash Collection, Sewer, Water, Gas, Grounds Care, Heat
Unit Type 1 Information
Total Bedrooms: 3
Unit Type 2 Information
Total Bedrooms: 2
Unit Type 3 Information
Total Bedrooms: 2
Unit Type 4 Information
Total Bedrooms: 2
Exterior
Exterior Features
Roof: Shingle
Property Information
Property Sub Type: Multi Family
Living Area: 3,040
Construction Materials: Vinyl Siding
Lot Information
Lot Size Dimensions: 55 x 98 x 55 x 98
Financial
Tax Information
Tax Annual Amount: $4,726
Tax Annual Amount: $4,726
Utilities
Heating & Cooling
Has Heating
Heating: Forced Air, Natural Gas
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
School Information
Elementary School: Jackson Heights
High School: Glens Falls
Location Information
Directions: Main St., to Hudson Ave., to Ridge St.
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,526
Stories: —
Lot Size: 5,426 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Warren County
APN: 520500A30301700010200000000
Home facts updated by county records on Aug 17, 2026
Around this home
Schools
Jackson Heights School
Public PreK-4 • Assigned • 0.6mi
3/10
Glens Falls Middle School
Public 5-8 • Assigned • 0.9mi
6/10
Glens Falls Senior High School
Public 9-12 • Assigned • 1.0mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
2/10 Wind Factor
3% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Glens Falls, NY • 12801
Average low and high temperatures (°F)
29
14
31
14
48
28
59
38
68
48
80
58
84
63
81
57
76
51
63
41
48
32
32
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.