50-52 Gates Ave Schuylerville, NY 12871
Saratoga NeighborhoodEstimated payment $5,217/month
Highlights
- No HOA
- Porch
- Baseboard Heating
- Schuylerville Elementary School Rated A-
- Bathroom on Main Level
About This Home
Investors & Developers Take Note! This rare multifamily opportunity offers 8 fully occupied residential units across two adjacent buildings along Fish Creek (50 Gates Ave: four residential units and a vacant commercial storefront and 52 Gates Ave: Four additional units and a coin-operated laundry for tenants) plus a vacant lot offering parking and future development opportunities. Located just a short drive from Saratoga Springs and GlobalFoundries, this investment is perfectly positioned in one of Saratoga County's most promising areas with an increasing demand for rentals. With a gross annual income of $110,400 this is a strong cash-flowing asset with long-term potential. Don't miss this chance to own a high-yield, mixed-use portfolio in Victory Mills, a hidden gem in Saratoga County.
Listing Agent
Just In New York Real Estate LLC License #10491210106 Listed on: 04/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,918
Year Built
- Built in 1940
Home Design
- 11,300 Sq Ft Home
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
- Asphalt
Bedrooms and Bathrooms
- 17 Bedrooms
- Bathroom on Main Level
- 8 Full Bathrooms
Unfinished Basement
- Exterior Basement Entry
- Sump Pump
Parking
- 16 Parking Spaces
- Open Parking
Schools
- Schuylerville Elementary School
- Schuylerville High School
Utilities
- No Cooling
- Heating System Uses Propane
- Baseboard Heating
- Cable TV Available
Additional Features
- Porch
- 0.74 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 415003 170.03-2-14
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- Insurance Expense $4,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/14/2025 04/14/25 | For Sale | $825,000 | -- | $73 / Sq Ft |
Source: Global MLS
MLS Number: 202515254

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