$320,000
Mechanicville, NY 12118
MLS# 202616368
Status: Closed
6 beds
1 / 20
Property Description
Solid 4-Unit Investment with Significant Value-Add Potential. This well-built 4-family property offers a strong structure and functional layout, providing an excellent foundation for your next investment. Fully rented and generating income from day one, the building itself is solid, while the units need some updating and TLC--creating a great opportunity to renovate, increase rents, and build substantial equity. Key improvements include four separate 100-amp electric services and all newer replacement windows, adding long-term value and efficiency. Additional highlights include off-street parking with a covered carport, enhancing convenience for tenants. Ideal for investors looking to add value and maximize returns, this property has the bones to become a high-performing asset with the right vision. Whether you're expanding your portfolio or seeking your next project, this is a smart buy with real upside. Bring your ideas and unlock its full potential--opportunities like this don't come around often.
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Quadruplex
Original List Price: 385000
Sold Price: $320,000
Current Price: $320,000
Listing Contract Date: 2026-05-02
List Price/SqFt: 121.22
Location
Street Number: 24
Street Name: Green
Street Suffix: Street
County: Saratoga
State/Province: NY
Postal Code: 12118
City/Town (Mail): Mechanicville
Geo Lat: 42.900979
Geo Lon: -73.686939
Property Detail
Rooms Total: 18
Bedrooms Total: 6
Bathrooms Full: 4
Year Built: 1940
Above Grade Finished Area: 3176
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Living Area: 3176
Zoning: Multi Residence
Deed Restrictions: No
Lot Size Dimensions: 5227
Lot Size Acres: 0.12
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Green Features Y/N: No
Land Lease Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-08-25
Under Contract Date: 2026-05-11
Sold Date: 2026-08-20
Sold Price: $320,000
Sold Price/SqFt: 100.76
Financial Details
General Taxes: 3500
General Taxes Description: Actual
School Taxes: 2760
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Income And Expenses
Rental Income: 4050
Rental Income Description: Monthly
Total Income: 48600
Gas Expense Description: Estimated
Heat Expense (Est): 2400
Parking Features
Parking Total: 5
Unit Information
Number Of Refrigerators: 4
Number Of Stoves: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Flr
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 950
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 950
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 4
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1200
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1100
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 5
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Full Baths In Basement: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1200
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 1100
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 950
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: 1
Total Full Baths MF Unit 4: 1
Unit 4 Detail
Rent: 950
Rent Description Unit 4: Actual
Lease Term Unit 4: Month To Month
Occupant Type Unit 4: Tenant
Kitchen Unit 4: Eat In
Total Rooms Unit 4: 4
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Property Features
Architectural Style: Other
Attic Features: Full; Walk-Up
Basement: Full
Construction Materials: Vinyl Siding
Cooling: None
Electric: 100 Amp Service; Circuit Breakers
Exterior Features: None
Fencing: None
Flooring: Vinyl; Wood
Foundation Details: Stone
Heating: Baseboard; Natural Gas
Interior Features: Paddle Fan
Levels: Multi/Split
Lot Features: Cleared
Other Structures: None
Parking Features: Carport; Driveway; Off Street
Patio And Porch Features: Covered; Front Porch
Possession: At Closing
Roof: Asphalt
Separate Utilities: Electric; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent; Occupied; Pet(s) on Premises; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity; Hot Water
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Heat; Parking; Trash
Unit 1 Dining Room Type: None
Unit 1 Appliances: Range; Refrigerator
Unit 2 Owner Furnish Features: Heat; Trash
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Storage
Unit 2 Dining Room Type: None
Unit 2 Appliances: Range; Refrigerator
Unit 3 Owner Furnish Features: Heat; Parking; Trash
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Dining Room Type: None
Unit 4 Owner Furnish Features: Heat; Parking
Unit 4 Includes: Kitchen; Living Room; Refrigerator; Stove
Unit 4 Dining Room Type: None
Unit 4 Appliances: Range; Refrigerator
Listing Courtesy of Hanks Hollow Realty LLC
Listing Agent: Jean C Maloney
518-378-5478 | Jean@listwithjean.com
518-378-5478 | Jean@listwithjean.com
