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Listed by Daniel Munn • High Rock Realty

$799,000

Est. payment - /mo

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9 Beds

7 Baths

4,506 SqFt

New

328 Milton Avenue Ballston Spa, NY 12020

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,506 sqft

Price per Sqft $177

MLS Listing ID 202515313

Bedrooms 9

Full Baths 7

HOA Y/N No

Originating Board Global MLS

Year Built 1890

Annual Tax Amount $9,980

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 94.58 x 105

Property Sub-Type Multi Family

Property Description

Awesome 7 unit investment property located in the heart of the vibrant and historic village of Ballston Spa. Walking distance to everything! Five 1 bedroom and two 2 bedroom units. After owner renovated 3 units in the past 2 years, rents increased $1700/month. With some updates on the remaining units, current rents could easily increase an additional $1250/month. ($15,000 annually) Aside from the 3 apartments, substantial renovations have been completed over the past several years to include some new windows, PEX plumbing, electrical system upgrade, insulation and air sealing, HE boiler, HW heater, new laundry room, front porch, flat roof replacement, walkways, etc. See documents for a complete list. Off street parking. Garage can be used as storage or 1 car. Restricted showing times.

Location

State NY

County Saratoga

Zoning Commercial

Direction Milton Avenue (Route 50) in the village of Ballston Spa directly across from Firehouse.

Interior

Interior Features High Speed Internet

Heating Baseboard, Natural Gas

Flooring Vinyl, Hardwood, Laminate

Exterior

Exterior Feature None

Parking Features Off Street, Stone, Garage

Garage Spaces 1.0

Roof Type Rubber,Shingle,Asphalt

Porch Front Porch

Building

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Ballston Spa

Others

Tax ID 414201 203.80-2-1

Special Listing Condition Standard

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Colin Mcdonald

Broker | License ID: 10491210476

+1(518) 505-4977

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