Basics
- Date added: Added 5 days ago
- MLS ID: 202613597
- List Office Name: Julie & Co Realty LLC
- List Agent Email: cgoods@juliecorealty.com
- List Agent Office Phone: 518-409-1218
- Days On Market: 4
- County: Saratoga
- Living Area sqft: 4738
- Lot Size Acres: 21.3 acres
- Category: MultiFamily
- Type: Multi Family
- Status: Active
- Bedrooms: 22
- Bathrooms: 13
- Half baths: 1
- Year built: 1970
- Zoning: Multi Residence
Description
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Description:
Investors & Builders Take Notice - Rare Multifamily & Development Opportunity. Exceptional opportunity to acquire a multifamily investment spanning over 21 acres, featuring 8 structures with significant upside. More than half of the property offers additional residential development potential. Ideally located just minutes from Brown's Beach, a short distance to I-87 Exit 12 and I-87 Exit 13, and in close proximity to GlobalFoundries, providing strong appeal for workforce housing and potential for long-term growth. Situated within the Stillwater Central School District. Zoning allows for a range of uses, including residential development (single-family and two-family homes), as well as commercial opportunities such as a restaurant or bed & breakfast with a Special Use Permit (SUP). This offering includes four separate deeds being sold as a package and must be purchased together. Addresses include: 184, 186, 188, 190 & 192 Didonna Lane, and 460 Cold Spring Road. At 460 Cold Spring Road, the first three trailers are owned by the seller, while the remaining 3 operate on land leases, offering a mix of income streams. Municipal water and sewer are available at the road
Parcels SBL #'s 218.20-2-29 (7.48 Acres), 218.20-2-30 (.08 Acres), 230.-1-11 (21.20 Acres) and 230.1-83 (.02 Acres)
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Directions
- Directions: Take Route 9P towards Saratoga Lake. Make a right onto Lake Road. The properties are on the right.
Building Details
Interior Features
Exterior Features
- Parking: Driveway, Off Street
- Exterior Features: None
- Lot Size Units: Acres
- Lot Size Area: 21.3
- Lot Features: Road Frontage, Irregular Lot
Amenities & Features
- Sewer: Public Sewer
- Water: Other
- Electric: 100 Amp Service, 150 Amp Service, Circuit Breakers
Financial
- Possession: At Closing
- Special Listing Conditions: Standard
- Tax Annual Amount: $16,005.32
- Tax Block: 1
- Tax Lot: 11.000
- Tax Tract: 230.00
School Information
- Elementary School: Stillwater
- High School: Stillwater
- High School District: Stillwater
