121 Lincoln Avenue, Saratoga Springs, NY 12866 (MLS# 202623934)


$799,000
121 Lincoln Avenue
Saratoga Springs, NY 12866
MLS# 202623934
Status: Pending
6 beds


Downtown Saratoga Multifamily
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Downtown Saratoga Multifamily

Property Description
Prime Saratoga Springs investment opportunity ideally located within walking distance to both downtown and the Saratoga Race Course with established STR income. A rare opportunity to acquire a turnkey multifamily asset in one of the Capital Region's most desirable rental markets. Just minutes from downtown dining, shopping, entertainment, and year round attractions, this location offers strong appeal for both short and long term rental demand. The property is being offered fully furnished, providing a turnkey opportunity for its next owner. Recent improvements include a new HVAC system in Unit 2, updated PEX plumbing, refreshed landscaping, a new washing machine, and furniture / design refresh. Showings start on Sunday at the open house.

Details
Maps
Documents
Contract Information
Status: Pending
Property Sub Type: Duplex
Original List Price: 799000
List Price: $799,000
Current Price: $799,000
Listing Contract Date: 2026-08-13
List Price/SqFt: 354.32
Location
Street Number: 121
Street Name: Lincoln
Street Suffix: Avenue
County: Saratoga
State/Province: NY
Postal Code: 12866
City/Town (Mail): Saratoga Springs
Geo Lat: 43.074329
Geo Lon: -73.778745
Property Detail
Rooms Total: 13
Bedrooms Total: 6
Bathrooms Full: 2
Bathrooms Half: 1
Year Built: 1920
Above Grade Finished Area: 2255
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 2255
Zoning: Multi Residence
Lot Size Acres: 0.17
Main Road Frontage: 50
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-08-20
Under Contract Date: 2026-08-20
Proposed Closing Date: 2026-10-09
Financial Details
General Taxes: 6440.72
General Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Half Bath 1: 2nd
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Income And Expenses
Rental Income: 84046.34
Rental Income Description: Actual
Net Operating Income: 48403.9
Parking Features
Parking Total: 3
Separate Utilities
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Number Of Separate Water Meters: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Down
Rent Desc. MF Unit 1: Estimated
Lease Term MF Unit 1: None
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Total Bedrooms: 2
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Up
Lease Term MF Unit 2: None
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Total Half Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 4
Property Features
Architectural Style: Other
Attic Features: Hatch
Basement: Full; Unfinished
Construction Materials: Vinyl Siding; Wood Siding
Cooling: Central Air
Duplex Type: Up And Down
Electric: 200+ Amp Service
Exterior Features: None
Fencing: Perimeter
Flooring: Hardwood; Laminate; Tile
Foundation Details: Stone
Heating: Forced Air; Natural Gas
Interior Features: Built-in Features; Stone Countertops
Laundry Features: Common Area; Laundry Room; Main Level
Levels: Two
Lot Features: Cleared; Landscaped
Other Structures: Shed(s)
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Parking Features: Off Street; Paved
Patio And Porch Features: Front Porch; Porch; Rear Porch
Possession: At Closing
Roof: Metal
Security Features: Carbon Monoxide Detector(s); Other; Smoke Detector(s)
Separate Utilities: Electric; Gas; Water Heater; Water Meter
Sewer: Public Sewer
Showing Requirements: Showing Service; Sign on Property
Special Listing Conditions: Standard
Utilities: Cable Available
Window Features: Bay Window(s); Wood Frames
View: Downtown
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dishwasher; Kitchen; Living Room; Refrigerator; Storage; Stove
Unit 1 Dining Room Type: Dining Area
Unit 1 Appliances: Dishwasher; Freezer; Microwave; Range; Built-In Gas Oven
Unit 1 Amenities: Bay Window(s); Built-in Features; Gourmet Kitchen
Unit 2 Owner Furnish Features: Central Air Conditioning; Electricity; Gas; Sewer; Trash; Water
Unit 2 Includes: Bathroom; Half Bath; Kitchen; Living Room; Refrigerator; Storage
Unit 2 Appliances: Range; Refrigerator
Unit 2 Amenities: Bay Window(s)

IDX
Listing Courtesy of KW Platform
Listing Agent: Mary Cummings
518-925-2473 | mary@blueprintmc.com
Source MLS Verified

Information deemed reliable but not guaranteed.