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$825,000
17 Beds
8 Baths8 full baths
11,300sqft
50-52 Gates Ave, Victory, NY 12884
$825,000
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Multi Family
Built in 1940
$-- HOA
0.74 acre lot
$73/sq.ft
Description
Investors & Developers Take Note! This rare multifamily opportunity offers 8 fully occupied residential units across two adjacent buildings along Fish Creek (50 Gates Ave: four residential units and a vacant commercial storefront and 52 Gates Ave: Four additional units and a coin-operated laundry for tenants) plus a vacant lot offering parking and future development opportunities. Located just a short drive from Saratoga Springs and GlobalFoundries, this investment is perfectly positioned in one of Saratoga County's most promising areas with an increasing demand for rentals. With a gross annual income of $110,400 this is a strong cash-flowing asset with long-term potenti...
Continue Reading- Houzeo last checked: 29 Minutes ago
- Listing updated: April 17, 2025 at 4:49 pm
- Listing Provided by: Justin M Grassi (518) 424-9064 DRE #10491210106 | Just In New York Real Estate LLC (518) 424-9064
- Source: Greater Capital Association of Realtors (Global) MLS-NY | MLS#: 202515254
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
11,300 sqft
Lot Size
0.74 acre lot
Basement Area
- sqft
MLS Name
Greater Capital Association of Realtors (Global) MLS
MLS Number
202515254
MLS Status
Active
Days on Market
236
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