James Q. Collins

50-52 Gates Avenue, Victory Mills, NY 12884

V-Tour
Virtual Tour

24 Total Photos [Click to View All]

Property Description

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.

50-52 Gates Avenue | MLS# 202515254

This multi-family property located at 50-52 Gates Avenue, Victory Mills, NY 12884 is currently listed for sale with an asking price of $825,000. 50-52 Gates Avenue is located within the Schuylerville school district. Search Victory Mills real estate on james-collins.timberlandproperties.com today.

Gallery

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Exterior Entry, Sump Pump, Unfinished
Cooling: None
Heating: Baseboard, Propane
Home Style: Apartment 4 Plus Unit
Lot Size: 0.74 Acres
Roof Type: Shingle, Asphalt
Taxes: $7,918
Year Built: 1940

Feature Descriptions

Days on Site: 324
Exterior: None
Exterior: Brick, Vinyl Siding
Parcel #: 415003 170.03-2-14
Parking Total: 16
Parking Total: 16
Patio/Porch: Porch
Sewer: Public Sewer
SQFT Above Grade Finished: 11300
Utilities: Cable Available
Water: Public

Local Schools

High School: Schuylerville
Elementary School: Schuylerville
School District: Schuylerville

Estimate Your Payment

Estimated Payment

$ 2,736.55 per month $1,836.09 Principal & Interest $659.83 Property Tax $240.63 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Luxterra Realty LLC
Agency Phone: 1 518-424-9064

Shown By

Agent Name: James Q. Collins
Agent Phone: (201) 214-3621 Cell
Agency Title: Timberland Properties

IDX logo

Login to My Homefinder

Pixel