$355,000
Victory, NY 12884
MLS# 202032148
Status: Closed
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Property Description
A very rare and a great opportunity to buy an 8 unit rental with an approved building lot / parking lot included. This sale includes Building 50 with four units and Building 52 with 4 units and vacant lot across the street. Building is centrally located to Schuylerville, Greenwich, Stillwater, Mechanicville and Saratoga Springs. Gross income is $76,500 and all the units are 100% occupied. 50 Gate Ave (Brick building) offers potential commercial storefront. Coin operated washer and dryer in 52 Gates available to all tenants. See Survey under documents. Excellent Condition, Good Condition
Details
Maps
Contract Information
Original List Price: 399900
List Price/SqFt: 35.39
Status: Closed
Property Sub Type: Multi Family
Sold Price: $355,000
Current Price: $355,000
Listing Contract Date: 2020-11-02
Location
City/Town (Mail): Victory Mills
Street Number: 50
Street Name: GATES
Street Suffix: Avenue
County: Saratoga
State/Province: NY
Postal Code: 12884
Geo Lat: 43.087842
Geo Lon: -73.593284
Property Detail
Number Of Units Total: 8
Garage Spaces: 0
Above Grade Finished Area: 11300
Above Grade Finished Area Source: Public Records
Living Area: 11300
Lot Size Dimensions: .15
Lot Size Acres: 0.15
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: Yes
Year Built: 1940
Status Change Info
Sold Price/SqFt: 31.42
Status Change Date: 2021-07-12
Under Contract Date: 2021-01-12
Sold Date: 2021-07-01
Sold Price: $355,000
Parcel, Tax, HOA
Parcel Number: 415003 170.30-2-32
Tax Annual Amount: 7301
Tax Section: 170.30
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 32
Tax Section See Remarks: Yes
School District: Schuylerville
Association Y/N: No
Directions & Remarks
Directions: From Degarmo Rd, Turn left onto NY-32 N, Destination will be on the right
Public Remarks: A very rare and a great opportunity to buy an 8 unit rental with an approved building lot / parking lot included. This sale includes Building 50 with four units and Building 52 with 4 units and vacant lot across the street. Building is centrally located to Schuylerville, Greenwich, Stillwater, Mechanicville and Saratoga Springs. Gross income is $76,500 and all the units are 100% occupied. 50 Gate Ave (Brick building) offers potential commercial storefront. Coin operated washer and dryer in 52 Gates available to all tenants. See Survey under documents. Excellent Condition, Good Condition
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Financial Details
General Taxes: 881
General Taxes Description: Estimated
School Taxes: 4115
School Taxes Description: Estimated
Village Taxes: 2305
Village Taxes Description: Estimated
Cooling
None: 1
Basement
Crawl Space: 1
Full: 1
Lot Features
Level: 1
Construction Materials
Brick: 1
Vinyl Siding: 1
Flooring
Carpet: 1
Wood: 1
Showing Requirements
Call Listing Office: 1
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Baseboard: 1
Hot Water: 1
Income And Expenses
Electric Expense: 1482
Electric Expense Description: Estimated
Total Income: 76500
Total Income Description: Estimated
Insurance Expense: 3888
Insurance Expense Description: Estimated
Maintenance Expense: 8590
Water Sewer Expense: 0
Water Sewer Expense Desc.: See Remarks
Parking Features
Parking Total: 14
Off Street: 1
Owner Pays
Grounds Care: 1
Parking Fee: 1
Sewer: 1
Snow Removal: 1
Trash Collection: 1
Water: 1
Unit Information
Number Of Dishwashers: 2
Number Of Dryers: 2
Number Of Refrigerators: 8
Number Of Stoves: 8
Number Of Washers: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 50Apt 2A
Monthly Rent MF Unit 1: 950
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Parking: 1
Unit 1 Includes
Dishwasher: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 50Apt 2B
Monthly Rent MF Unit 2: 800
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Parking: 1
Unit 2 Includes
Dishwasher: 1
Kitchen: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 50Apt 3A
Monthly Rent MF Unit 3: 800
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 6
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Parking: 1
Unit 3 Includes
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 50Apt 3B
Monthly Rent MF Unit 4: 800
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 6
Total Bedrooms MF Unit 4: 3
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Parking: 1
Unit 4 Includes
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 52 - 1
Monthly Rent MF Unit 5: 950
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: 12 Months
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Parking: 1
Unit 5 Includes
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 52 - 2
Monthly Rent MF Unit 6: 675
Rent Desc. MF Unit 6: Estimated
Lease Term MF Unit 6: Month To Month
Total Rooms MF Unit 6: 4
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Parking: 1
Unit 6 Includes
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 52 - 3
Monthly Rent MF Unit 7: 800
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: 12 Months
Total Rooms MF Unit 7: 5
Total Bedrooms MF Unit 7: 2
Total Full Baths MF Unit 7: 1
Unit 7 Owner Furnish Features
Parking: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 52 - 4
Monthly Rent MF Unit 8: 800
Rent Desc. MF Unit 8: Actual
Lease Term MF Unit 8: Month To Month
Total Rooms MF Unit 8: 5
Total Bedrooms MF Unit 8: 2
Total Full Baths MF Unit 8: 1
Unit 8 Owner Furnish Features
Parking: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Crawl Space; Full
Construction Materials: Brick; Vinyl Siding
Cooling: None
Flooring: Carpet; Wood
Heating: Baseboard; Hot Water
Lot Features: Level
Owner Pays: Grounds Care; Parking Fee; Sewer; Snow Removal; Trash Collection; Water
Parking Features: Off Street
Roof: Asphalt
Sewer: Public Sewer
Showing Requirements: Call Listing Office
Water Source: Public
Unit 1 Includes: Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Parking
Unit 2 Owner Furnish Features: Parking
Unit 2 Includes: Dishwasher; Kitchen; Refrigerator; Stove
Unit 3 Owner Furnish Features: Parking
Unit 3 Includes: Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Parking
Unit 4 Includes: Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Parking
Unit 5 Includes: Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Parking
Unit 6 Includes: Kitchen; Living Room; Refrigerator; Stove
Unit 7 Owner Furnish Features: Parking
Unit 8 Owner Furnish Features: Parking
Listing Courtesy of KW Platform
Listing Agent: Penny Berg
518-724-5800 |
518-724-5800 |
