Price $715,000
Status Active
Beds 9
Baths 7 Baths
Home size 4,506 sqft
Lot Size 8,712 sqft
Days on Market 2
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.
Property Type(s): Multi Family
Last Updated 5/7/2026 Year Built 1890
Garage Spaces 1.0 County Saratoga

SCHOOLS

High School Ballston Spa

Additional Details

BASEMENT Partial, Yes
CONSTRUCTION Aluminum Siding
EXTERIOR None
GARAGE Yes
HEAT Baseboard, Natural Gas
INTERIOR High Speed Internet
LOT 8712 sq ft
LOT DIMENSIONS 94.58 x 105
PARKING Off Street, Garage
SEWER Public Sewer
STYLE Apartment 4 Plus Unit
TAXES 12200
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Downtown
WATER Public

Location

 

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