$660,000
Saratoga Springs, Inside, NY 12866
MLS# 202523853
Status: Closed
5 beds
1 / 43
Property Description
Dreaming of living in Saratoga Springs but think it's out of reach? This versatile, income-producing property could be your answer! Live in one unit and earn steady rental income from the other two. Ideal for owner-occupancy, investment, or conversion to a single-family home. Proven rental history: Skidmore students, long-term tenants, and seasonal renters. Flexible occupancy—Unit 1 has a month-to-month tenant, Unit 2 is vacant, and Unit 3 is leased through 9/30/25 with a tenant eager to stay. Heating: Unit 1 has natural gas with a new boiler (fireplace needs liner), Units 2 & 3 use electric heat. Located near Skidmore and downtown, with always-available on-street parking. A rare chance to own in a sought-after area with built-in income!
Details
Maps
Documents
Contract Information
Original List Price: 689000
List Price/SqFt: 271.26
Status: Closed
Property Sub Type: Triplex
Sold Price: $660,000
Current Price: $660,000
Listing Contract Date: 2025-08-14
Location
City/Town (Mail): Saratoga Springs
Cross Street: Alger
Street Number: 38
Street Name: State
Street Suffix: Street
County: Saratoga
State/Province: NY
Postal Code: 12866
Geo Lat: 43.086997
Geo Lon: -73.785871
Property Detail
Rooms Total: 11
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2540
Above Grade Finished Area Source: Public Records
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 2540
Fireplaces Total: 1
Zoning: Multi Residence
Deed Restrictions: Unknown
Lot Size Dimensions: 48x60x49x60
Lot Size Acres: 0.1
Main Road Frontage: 45
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Green Features Y/N: No
Land Lease Y/N: No
Bedrooms Total: 5
Bathrooms Full: 4
Year Built: 1900
Status Change Info
Sold Price/SqFt: 259.84
Status Change Date: 2025-09-30
Under Contract Date: 2025-08-19
Sold Date: 2025-09-30
Sold Price: $660,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 411501 165.43-3-31
Tax Annual Amount: 7896
Tax Section: 165.43
Total Taxes Description: Actual
Tax Block: 3
Tax Lot: 31.000
School District: Saratoga Springs
High School: Saratoga Springs
Association Y/N: No
Directions & Remarks
Directions: Van Dam to State Street. House on right on corner of State and Alger.
Public Remarks: Dreaming of living in Saratoga Springs but think it's out of reach? This versatile, income-producing property could be your answer! Live in one unit and earn steady rental income from the other two. Ideal for owner-occupancy, investment, or conversion to a single-family home. Proven rental history: Skidmore students, long-term tenants, and seasonal renters. Flexible occupancy—Unit 1 has a month-to-month tenant, Unit 2 is vacant, and Unit 3 is leased through 9/30/25 with a tenant eager to stay. Heating: Unit 1 has natural gas with a new boiler (fireplace needs liner), Units 2 & 3 use electric heat. Located near Skidmore and downtown, with always-available on-street parking. A rare chance to own in a sought-after area with built-in income!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Financial Details
Full Market Assessment: 639000
Tax Assessed Value: 258800
General Taxes: 2867
General Taxes Description: Actual
School Taxes: 5030
School Taxes Description: Actual
Attic Features
Hatch: 1
Cooling
Window Unit(s): 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Lot Features
Corner Lot: 1
Level: 1
Road Frontage: 1
Construction Materials
Clapboard: 1
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Possession
At Closing: 1
Exterior Features
None: 1
Fireplace Features
Living Room: 1
Wood Burning: 1
Flooring
Hardwood: 1
Laminate: 1
Tile: 1
Showing Requirements
Lockbox: 1
Occupied: 1
Sign on Property: 1
Special Listing Conditions
Estate: 1
Standard: 1
Utilities
Cable Available: 1
Cable Connected: 1
Roof
Slate: 1
View
None: 1
Other: 1
Water Source
Public: 1
Foundation Details
Brick/Mortar: 1
Heating
Baseboard: 1
Electric: 1
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 4265
Rental Income Description: Monthly
Electric Expense Description: Tenant
Total Income: 4365
Total Income Description: Estimate
Gas Expense Description: Tenant
Interior Features
Built-in Features: 1
High Speed Internet: 1
Paddle Fan: 1
Stone Countertops: 1
Walk-In Closet(s): 1
Wall Paneling: 1
Laundry Features
In Basement: 1
Upper Level: 1
Parking Features
Parking Total: 0
None: 1
Patio And Porch Features
Covered: 1
Front Porch: 1
Porch: 1
Rear Porch: 1
Side Porch: 1
Wrap Around: 1
Owner Pays
Sewer: 1
Snow Removal: 1
Trash Collection: 1
Water: 1
Levels
Two: 1
Security Features
Carbon Monoxide Detector(s): 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Tenant Pays
Cable TV: 1
Electricity: 1
Heat: 1
Internet: 1
Property Condition
Fixer: 1
Updated/Remodeled: 1
Window Features
Bay Window(s): 1
Curtain Rods: 1
Drapes: 1
Screens: 1
Window Treatments: 1
Unit Information
Number Of Dishwashers: 1
Number Of Dryers: 2
Number Of Refrigerators: 3
Number Of Stoves: 3
Number Of Washers: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st fl
Unit Available MF Unit 1: Sept
Unit Occupancy MF Unit 1: 6
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 200000
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 2
Unit 1 Owner Furnish Features
Maintenance Grounds: 1
Sewer: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Dishwasher: 1
Dryer Hookup: 1
Fireplace: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Storage: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2d floor
Unit Available MF Unit 2: Immed
Unit Occupancy MF Unit 2: 1
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1295
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: None
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2d floor
Unit Available MF Unit 3: 9/30/25
Unit Occupancy MF Unit 3: 1
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 870
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Maintenance Grounds: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Detail
Rent: 2000
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 5
Total Bedrooms: 3
Bedrooms on 1st Floor: 3
Total Full Baths: 2
Full Baths 1st Floor: 2
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Unit 2 Detail
Rent: 1395
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Bedrooms: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 1st Floor: 1
Living Rooms 2nd Floor: 1
Unit 3 Detail
Rent: 870
Rent Description Unit 3: Actual
Lease Term Unit 3: 12 Months
Occupant Type Unit 3: Tenant
Kitchen Unit 3: Eat In
Total Rooms Unit 3: 3
Total Bedrooms: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 1 Dining Room Type
None: 1
Unit 1 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Washer: 1
Refrigerator: 1
Unit 1 Amenities
Built-in Features: 1
Cable Available: 1
High Speed Internet: 1
Walk-In Closet(s): 1
Unit 2 Dining Room Type
None: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 2 Amenities
Built-in Features: 1
Cable Available: 1
High Speed Internet: 1
Unit 3 Amenities
Built-in Features: 1
High Speed Internet: 1
Unit 3 Dining Room Type
None: 1
Unit 3 Appliances
Dryer: 1
Range: 1
Washer: 1
Refrigerator: 1
Oven: 1
Property Features
Architectural Style: Traditional
Attic Features: Hatch
Basement: Full
Construction Materials: Clapboard
Cooling: Window Unit(s)
Exterior Features: None
Fireplace Features: Living Room; Wood Burning
Flooring: Hardwood; Laminate; Tile
Foundation Details: Brick/Mortar
Heating: Baseboard; Electric; Hot Water; Natural Gas
Interior Features: Built-in Features; High Speed Internet; Paddle Fan; Stone Countertops; Walk-In Closet(s); Wall Paneling
Laundry Features: In Basement; Upper Level
Levels: Two
Lot Features: Corner Lot; Level; Road Frontage
Owner Pays: Sewer; Snow Removal; Trash Collection; Water
Parking Features: None
Patio And Porch Features: Covered; Front Porch; Porch; Rear Porch; Side Porch; Wrap Around
Possession: At Closing
Roof: Slate
Security Features: Carbon Monoxide Detector(s)
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Lockbox; Occupied; Sign on Property
Special Listing Conditions: Estate; Standard
Tenant Pays: Cable TV; Electricity; Heat; Internet
Utilities: Cable Available; Cable Connected
Property Condition: Fixer; Updated/Remodeled
Window Features: Bay Window(s); Curtain Rods; Drapes; Screens; Window Treatments
View: None; Other
Water Source: Public
Unit 1 Includes: Bathroom; Dishwasher; Dryer Hookup; Fireplace; Kitchen; Living Room; Refrigerator; Storage; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Maintenance Grounds; Sewer; Trash; Water
Unit 1 Dining Room Type: None
Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Washer; Refrigerator
Unit 1 Amenities: Built-in Features; Cable Available; High Speed Internet; Walk-In Closet(s)
Unit 2 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 2 Dining Room Type: None
Unit 2 Appliances: Range; Refrigerator; Oven
Unit 2 Amenities: Built-in Features; Cable Available; High Speed Internet
Unit 3 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Amenities: Built-in Features; High Speed Internet
Unit 3 Dining Room Type: None
Unit 3 Appliances: Dryer; Range; Washer; Refrigerator; Oven
SCHOOL & PROPERTY TAX BILLS 
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Joan E Taub
518-368-0215 | jtaub@bhhsblake.com
518-368-0215 | jtaub@bhhsblake.com
