Turnkey 4-Unit Investment in the Heart of Waterford - 12.3% Cap Rate!
This high-performing multifamily property brings in $6,310/month in current market rents"”with even more upside potential. Offering 9 bedrooms and 5 bathrooms across four separately metered units, each with washer/dryer hookups, it's designed for steady cash flow and long-term returns.
The crown jewel is a luxury 3-bed, 2-bath, two-story unit featuring vaulted ceilings, hardwood floors, and a private deck"”an ideal layout for premium rental income. Recent improvements include a fully fenced yard, detached garage with a new door, newer appliances, a 2-year-old water heater, $15K water line replacement, metal roof, and all-new gutters and fencing.
Prime location just steps from Village Park and walkable to downtown
Property Type(s):
Multi Family
|
Last Updated
|
6/3/2025
|
Year Built
|
1980
|
|
Garage Spaces
|
2.0
|
County
|
Saratoga
|
SCHOOLS
| Elementary School |
Waterford |
| High School |
Waterford |
Price History
|
Prior to Jun 3, '25
|
$624,900 |
| Jun 3, '25 - Today |
$599,900 |
Additional Details
| BASEMENT |
Unfinished, Yes |
| CONSTRUCTION |
Block |
| GARAGE |
Yes |
| HEAT |
Natural Gas |
| LOT |
6098 sq ft |
| SEWER |
Public Sewer |
| STYLE |
Traditional |
| TAXES |
7464.21 |
| WATER |
Public |
Location
This listing courtesy of Core Real Estate Team
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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