50-52 Gates Avenue Active Save Request In-Person Tour Request Virtual Tour
Victory,NY 12884
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,300 sqft
Price per Sqft $73
MLS Listing ID 202515254
Bedrooms 17
Full Baths 8
Year Built 1940
Annual Tax Amount $7,918
Lot Size 0.740 Acres
Property Sub-Type Multi Family
Property 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 potential. Don't miss this chance to own a high-yield, mixed-use portfolio in Victory Mills, a hidden gem in Saratoga County.
Location
State NY
County Saratoga
Interior
Heating Baseboard,Propane
Exterior
Exterior Feature None
Utilities Available Cable Available
Roof Type Shingle,Asphalt
Building
Sewer Public Sewer
Water Public
Schools
School District Schuylerville
Others
Special Listing Condition Standard