9 Beds
7 Baths
4,506 SqFt
9 Beds
7 Baths
4,506 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,506 sqft
Price per Sqft $158
MLS Listing ID 202616647
Bedrooms 9
Full Baths 7
HOA Y/N No
Year Built 1890
Annual Tax Amount $12,200
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 94.58 x 105
Property Sub-Type Multi Family
Source Global MLS
Property Description
The building features a high-demand unit mix consisting of five spacious 1-bedroom apartments and two 2-bedroom units, producing a strong immediate cash flow with a monthly gross income of $8,630. Rest easy knowing the heavy lifting has been completed through substantial renovations over the last several years. Major infrastructure upgrades include a full electrical system overhaul, extensive plumbing updates, a new Navien high-efficiency boiler, and a power-vented hot water heater. The building's efficiency has been further enhanced with comprehensive insulation, air sealing, and a flat roof replacement.
Beyond the mechanicals, the property shines with renovated apartments, a coin-op laundry room, and upgraded front porch. The exterior boasts excellent curb appeal with updated walkways, a charming patio, and off-street parking. A garage on-site provides additional flexibility for one-car parking or potential additional income for tenant storge.
A complete list of renovations and financial documents are available for review. Please note that showing times are restricted to respect tenant privacy. Don't miss this rare opportunity to own a high-performing asset in one of Saratoga County's most desirable rental markets. Parking lot for 4 cars to the right of property, 2 more cars to the left. Priced to sell, serious investors only.
Location
State NY
County Saratoga
Zoning Commercial
Direction Milton Avenue (Route 50) in the village of Ballston Spa directly across from Firehouse.
Interior
Interior Features High Speed Internet
Heating Baseboard, Natural Gas
Flooring Vinyl, Hardwood, Laminate
Exterior
Exterior Feature None
Parking Features Off Street, Stone, Garage
Garage Spaces 1.0
Roof Type Rubber,Shingle,Asphalt
Porch Front Porch
Building
Sewer Public Sewer
Water Public
Architectural Style Apartment 4 Plus Unit
Schools
School District Ballston Spa
Others
Tax ID 414201 203.80-2-1
Special Listing Condition Standard
Nearby Locations
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