Basics
- Date added: Added 4 weeks ago
- MLS ID: 202515313
- List Office Name: High Rock Realty
- List Agent Email: dmunn@highrocksells.com
- List Agent Office Phone: 518-281-4113
- Days On Market: 8
- County: Saratoga
- Living Area sqft: 4506
- Lot Size Acres: 0.2 acres
- Lot Size Dimensions: 94.58 x 105
- Category: MultiFamily
- Type: Multi Family
- Status: Active
- Bedrooms: 9
- Half baths: 0
- Year built: 1890
- Zoning: Commercial
Description
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Description:
Awesome 7 unit investment property located in the heart of the vibrant and historic village of Ballston Spa. Walking distance to everything! Five 1 bedroom and two 2 bedroom units. After owner renovated 3 units in the past 2 years, rents increased $1700/month. With some updates on the remaining units, current rents could easily increase an additional $1250/month. ($15,000 annually) Aside from the 3 apartments, substantial renovations have been completed over the past several years to include some new windows, PEX plumbing, electrical system upgrade, insulation and air sealing, HE boiler, HW heater, new laundry room, front porch, flat roof replacement, walkways, etc. See documents for a complete list. Off street parking. Garage can be used as storage or 1 car. Restricted showing times.
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Directions
- Directions: Milton Avenue (Route 50) in the village of Ballston Spa directly across from Firehouse.
Building Details
Interior Features
Exterior Features
- Parking: Garage, Off Street, Stone
- Exterior Features: None
- Lot Size Units: Acres
- Lot Size Area: 0.2
- View: Downtown
Amenities & Features
- Sewer: Public Sewer
- Water: Public
- Electric: 200+ Amp Service
- Security Features: Carbon Monoxide Detector(s)
Fees
- Insurance Expense: $3,564
- Water Sewer Expense: $950
- Fuel Expense: $4,630
- Electric Expense: $4,630
Financial
- Possession: At Closing
- Special Listing Conditions: Standard
- Tax Annual Amount: $9,980
- Tax Block: 2
- Tax Lot: 1.000
- Tax Tract: 203.80
School Information
- High School: Ballston Spa
- High School District: Ballston Spa
