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MultiFamily For Sale

11,300 - 50-52 Gates Avenue, Victory, Ny 12884

$825,000
Original List Price:
Property Type: MultiFamily
Status: Active
Days on the Market:
17 Bed|8 Bath| Half Bath|11,300 SQFT
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.

Property Details
County Saratoga
Bedrooms 17
Bathrooms 8
Half Bathrooms
SQFT 11,300
Heating System Baseboard, Propane
Cooling System
Basement Yes
Patio Yes
Square Footage 11,300 SQFT
Lot Area 0.74 ACRE
Year Built 1940
School District Code Info Not Available

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