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  • $825,000

    50-52 Gates Avenue, Victory Mills, NY 12884

    17beds
    11,300sqft
    Multi Family, Apartment
    Built in 1940
    -- sqft lot
    $788,200 Zestimate®
    $73/sqft
    $-- HOA

    What's special

    Residential unitsFish creekAdjacent buildingsVacant commercial storefrontCoin-operated laundryVacant lot
    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.
    12 days
    on Zillow
    |
    238
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 17, 2025 at 09:50am

    Listing by:

    Just In New York Real Estate 518-424-9064,

    Justin M Grassi 518-424-9064

    Source: Global MLS,MLS#: 202515254MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Baseboard, Propane
    Cooling
    • None
    Features
    • Basement: Exterior Entry,Sump Pump,Unfinished
    Interior area
    • Total structure area: 11,300
    • Total interior livable area: 11,300 sqft
    • Finished area above ground: 11,300
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 16
    Features
    • Patio & porch: Porch
    • Exterior features: None
    Lot
    • Size: 0.74 Acres
    Details
    • Parcel number: 415003 170.03214
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    • Attached to another structure: Yes
    Materials
    • Brick, Vinyl Siding
    • Roof: Shingle,Asphalt
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Victory Mills

    Financial & listing details

    • Price per square foot: $73/sqft
    • Tax assessed value: $209,700
    • Annual tax amount: $7,918
    • Date on market: 4/14/2025
    • Tenant pays: Heat, Electricity, Gas
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