NY > Victory
Victory, NY 12884,50-52 Gates Avenue
Victory, NY 12884,50-52 Gates Avenue
Victory, NY 12884,50-52 Gates Avenue
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Listed by Justin M Grassi • Just In New York Real Estate
$825,000
Est. payment /mo
17 Beds
8 Baths
11,300 SqFt
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UPDATED:

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

HOA Y/N No

Year Built 1940

Annual Tax Amount $7,918

Lot Size 0.740 Acres

Acres 0.74

Property Sub-Type Multi Family

Source Global MLS

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

Direction From Degarmo Rd, Turn left onto NY-32 N, Destination will be on the right

Interior

Heating Baseboard, Propane

Exterior

Exterior Feature None

Utilities Available Cable Available

Roof Type Shingle,Asphalt

Porch Porch

Building

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Schuylerville

Others

Tax ID 415003 170.03-2-14

Special Listing Condition Standard

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