$ 715,000
-
$715,000
Price -
9
Bed -
7
Bath -
4,506
SqFt
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About the Listing o434A - 5,8540
Rare 7-Unit investment gem in the heart of Ballston Spa. Discover a turnkey addition to your portfolio with this exceptional 7-unit multi-family property, perfectly positioned in the vibrant and historic village of Ballston Spa. Located within easy walking distance to local boutiques, popular eateries, and village festivals. 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.
Listing Highlights
Interior Details
- Bedrooms: 9
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Natural Gas
- Fireplaces:
- Floor: Vinyl,Hardwood,Laminate
- Above Ground Sq Ft: 4506
- Below Ground Sq Ft: 0
- Basement: Partial
- Other: High Speed Internet
- Water: Public
Exterior Details
- Garage Capacity: 1 car
- Parking Spaces: 6
- Lot Dimensions: 94.58 x 105
- Zoning: Commercial
- Roof: Rubber,Shingle,Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,Stone,Garage
Financial Details
- Tax Amount: $12,200
- Taxes w/Assessments: N/A
- Tax/Property ID: 414201 203.80-2-1
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
328 Milton Ave Ballston Spa, NY 12020
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