$749,900
Saratoga Springs, Inside, NY 12866
MLS# 202623117
Status: Pending
8 beds
1 / 38
Property Description
Prime downtown Saratoga Springs investment opportunity at 175 Beekman Street. This well-maintained 5-unit multifamily property offers a versatile unit mix consisting of two 1-bedroom units, one 1.5-to-2-bedroom unit, one 2-bedroom unit and one 3-bedroom unit. The property features off-street parking for three vehicles, additional street parking, a large backyard, an on-site coin-operated laundry room and separate gas and electric meters for ALL units. Most windows have been replaced, house recently painted and brand new vinyl siding on back, one of the roofs was replaced approximately three years ago, and all furnaces have been updated to natural gas. Located close to downtown dining, shopping, entertainment, accessible to bus lines just down the road, and close to the Saratoga Race Course and all that Saratoga Springs has to offer. This property benefits from strong rental demand and historically low vacancy rates. A rare opportunity to acquire a substantial multifamily asset in one of the Capital Region's most desirable rental markets.
Details
Maps
Documents
Contract Information
Status: Pending
Property Sub Type: Multi Family
Original List Price: 749900
List Price: $749,900
Current Price: $749,900
Listing Contract Date: 2026-08-03
List Price/SqFt: 192.18
Location
Street Number: 175
Street Name: Beekman
Street Suffix: Street
County: Saratoga
State/Province: NY
Postal Code: 12866
City/Town (Mail): Saratoga Springs
Subdivision: Downtown Saratoga Springs
Geo Lat: 43.082785
Geo Lon: -73.793875
Property Detail
Number Of Units Total: 5
Rooms Total: 19
Bedrooms Total: 8
Bathrooms Full: 5
Year Built: 1930
Above Grade Finished Area: 3902
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 3902
Zoning: Commercial
Lot Size Acres: 0.17
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-08-09
Under Contract Date: 2026-08-08
Proposed Closing Date: 2026-09-10
Financial Details
General Taxes: 2758.79
General Taxes Description: Actual
School Taxes: 4886.03
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 2nd
Full Bath 5: 2nd
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Income And Expenses
Rental Income: 58920
Rental Income Description: Actual
Total Income: 62220
Total Income Description: Includes laundry
Operating Expense: 14645
Net Operating Income: 44629
Parking Features
Parking Total: 3
Separate Utilities
Number Of Separate Electric Meters: 6
Number Of Separate Gas Meters: 6
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 5
Number Of Stoves: 5
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Frnt 1st
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 840
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Left Sd
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 930
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: LFT Side
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 900
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Rear UP
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1040
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: Front UP
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 1200
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Month To Month
Total Rooms MF Unit 5: 6
Total Bedrooms MF Unit 5: 3
Total Full Baths MF Unit 5: 1
Property Features
Architectural Style: Apartment 4 Plus Unit; Traditional
Attic Features: Walk-Up
Basement: Unfinished
Construction Materials: Vinyl Siding; Wood Siding
Cooling: Window Unit(s); None
Electric: Circuit Breakers
Exterior Features: None
Fencing: Back Yard; Partial
Flooring: Carpet; Laminate; Linoleum
Heating: Baseboard; Forced Air; Natural Gas
Levels: Bi-Level
Lot Features: Landscaped; Level
Parking Features: Driveway; Off Street; Paved; Tandem
Patio And Porch Features: Front Porch; Porch; Pressure Treated Deck
Possession: At Closing; Subject To Tenant Rights
Roof: Asphalt; Rubber; Shingle
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Restricted Hours; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Internet
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Other; Refrigerator; Stove
Unit 4 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 5 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
School Tax 
Listing Courtesy of KW Platform
Listing Agent: Dominick Marchesiello
518-338-7299 | dominick@themarchesielloteam.com
518-338-7299 | dominick@themarchesielloteam.com
