$1,000,000
Saratoga Springs, NY 12866
MLS# 202212079
Status: Closed
7 beds
1 / 13
Property Description
Incredible opportunity to own a turn key 5 unit investment property in downtown Saratoga Springs! Featuring (1) Studio, (1) one bedroom, and (3) 2 bedroom units. 4/5 units have been renovated within the last 3 years with updates such as new kitchens, flooring, bathrooms, lighting and paint. Proof of funds / Prequal letter required for all showings. LA2 is owner.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Multi Family
Original List Price: 1299999
Sold Price: $1,000,000
Current Price: $1,000,000
Listing Contract Date: 2022-02-16
List Price/SqFt: 226.9
Location
Street Number: 91
Street Name: Van Dam
Street Suffix: Street
County: Saratoga
State/Province: NY
Postal Code: 12866
City/Town (Mail): Saratoga Springs
Cross Street: Lawrence
Geo Lat: 43.085748
Geo Lon: -73.789053
Property Detail
Number Of Units Total: 5
Rooms Total: 17
Bedrooms Total: 7
Bathrooms Full: 5
Year Built: 1930
Garage Spaces: 2
Above Grade Finished Area: 4848
Above Grade Finished Area Source: CRS
Living Area: 4848
Lot Size Acres: 0.38
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2022-08-08
Under Contract Date: 2022-05-23
Sold Date: 2022-08-08
Sold Price: $1,000,000
Sold Price/SqFt: 206.27
Financial Details
General Taxes: 3661
General Taxes Description: Estimated
School Taxes: 6520
School Taxes Description: Estimated
Income And Expenses
Rental Income: 75936
Electric Expense: 384
Electric Expense Description: Estimated
Gas Expense: 312
Gas Expense Description: Estimated
Insurance Expense: 4000
Insurance Expense Description: Estimated
Water Sewer Expense: 829
Water Sewer Expense Desc.: Estimated
Parking Features
Parking Total: 10
Separate Utilities
Number Of Separate Electric Meters: 5
Number Of Separate Gas Meters: 5
Unit Information
Number Of Dishwashers: 5
Number Of Dryers: 1
Number Of Refrigerators: 5
Number Of Stoves: 5
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Fl
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1550
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1300
Lease Term MF Unit 2: 12 Months
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: 2nd
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1000
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1545
Lease Term MF Unit 4: 12 Months
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: 1st
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 933
Lease Term MF Unit 5: 12 Months
Total Rooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: None
Basement: Full
Construction Materials: Brick
Cooling: Ductless
Exterior Features: None
Fencing: None
Flooring: Carpet; Laminate; Tile
Heating: Baseboard; Natural Gas
Interior Features: High Speed Internet
Lot Features: Cleared; Corner Lot; Landscaped
Other Structures: Garage(s)
Parking Features: Garage; Off Street; Paved
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; Pet(s) on Premises
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Central Air; Electricity; Gas; Heat; Internet
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dishwasher; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 3 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 5 Includes: Bathroom; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Disclosures 
Listing Courtesy of Julie & Co Realty LLC
Listing Agent: Alex Cooley
518-350-7653 |
518-350-7653 |
