PRIME Location! Rare Opportunity in the City of Saratoga are Opportunity in the City of Saratoga Springs! Existing 8 unit property on 2.49 acres. Great location to be redeveloped into apartments or Condos. Zoning allows for Mid rise apartments or condos. Develop and build to sell or add more rental units to the existing multifamily building. You could also renovate the existing house to a magnificent single family home w additional rental income from the detached carriage house. Great Site. Easy access to downtown, highways etc. Site Borders the Spring Run Trail. Public utilities available. Property provides great income with the opportunity to expand. Many Possibilities.
- Price:
- $1,895,000
- Bedrooms:
- 18
- Full Baths:
- 9
- Square Footage:
- 5,984
- Acreage:
- 2.49
- Year Built:
- 1888
- Listing ID #:
- 202218628
- Street Address:
- 182 Excelsior Ave
- City:
- Saratoga Springs
- State:
- New York
- Postal Code:
- 12866
- County:
- Saratoga
- Listing Status:
- Pending
- Listing Type:
- MultiFamily
- Approximate Total Liveable Area:
- 5984
- Basement Description:
- Apartment, Exterior Entry, Finished, Full, Heated, Partial, Slab, Other
- Building Security:
- Smoke Detector(s), Carbon Monoxide Detector(s)
- Finished Above Ground Square Footage:
- 5984
- Finished Basement:
- Yes
- Flooring:
- Wood, Carpet
- Foundation:
- Stone
- Has Porch:
- Yes
- Number Of Units:
- 8
- Patio Description:
- Porch
- Style:
- Apartment 4 Plus Unit, 3 Story
- Type Of Roof:
- Slate, Asphalt
- Year Built:
- 1888
- Conforms To Zoning:
- Single Residence
- Lot Features:
- Level, Cleared, Corner Lot
- Lot Square Footage:
- 108464.4
- Days On Market:
- 159
- On Market Date:
- 2022-11-29
- Originating Mls:
- Global Mls
- Price Per Square Foot:
- 316.68
- Property Taxes:
- 17873.05
- Tenant Pays:
- Cable Tv
- Parking Description:
- Off Street, Circular Driveway, Driveway
- Parking Spaces:
- 18
- Electricity:
- 200+ Amp Service
- Existing Water:
- Public
- Heating:
- Electric, Other, Natural Gas, Baseboard, Forced Air
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided by Daniel Gaba with Coldwell Banker Prime Prop.
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