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Listed by Anthony M Gucciardo • Gucciardo Real Estate LLC

$2,390,000

Est. payment - /mo

3,360 SqFt

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $711

MLS Listing ID 202611164

HOA Y/N No

Year Built 2022

Annual Tax Amount $25,147

Lot Size 3.450 Acres

Acres 3.45

Property Sub-Type Multi Family

Source Global MLS

Property Description

Rare opportunity to acquire a fully leased, 10-unit multifamily property across three buildings, ideally located within walking distance to the Village of Ballston Spa. Built in 2022, the property features modern 1,200 SF, 2-bedroom/1-bath townhouse-style apartments with high-end luxury finishes throughout. Each unit offers granite countertops with center island, stainless steel appliances, electric fireplace, and a spacious bathroom with double-bowl vanity. Strong in-place income, low maintenance construction, and a highly desirable walkable location make this an excellent long-term investment opportunity.

Location

State NY

County Saratoga

Zoning Multi Residence

Direction From I-87 (Northway), take Exit 12 for NY-67 toward Ballston Spa, follow NY-67 west into town, turn right onto Garrett Road, and proceed to 486 Garrett Road.

Interior

Interior Features High Speed Internet

Heating Forced Air, Natural Gas

Flooring Vinyl

Exterior

Exterior Feature Lighting

Roof Type Asphalt

Porch Patio

Building

Lot Description Level, Wooded, Landscaped

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ballston Spa

Others

Tax ID 412089 216.-1-69

Special Listing Condition Standard

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Nearby Locations

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Sterling Real Estate Group

+1(518) 688-2211

486 Garrett Road Ballston Spa, NY 12020