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  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Other
Levels Residential
Size 1176 sqft
Garage Yes
Maintenance Fees 
Taxes $2,386
Days Active 2
Approx. Age 1928
Avg. Price Per Sqft $420
MLS® Number 20254008

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Unlock Saratoga's Historic Charm & Income Potential: Prime Mixed-Use Corner Property being offered strictly as-is. Discover an exceptional opportunity to own a piece of Saratoga's rich history and vibrant future with this captivating .39-acre mixed-use property. Property is perfectly situated on a highly desirable corner lots at Bridge Avenue and River Street and encompass 104 NE River and 316 E Bridge Ave, this unique offering combines a residential home, proven income streams, and incredible development potential. Originally built in the 1920s, this property boasts a fascinating past, having once served as a bustling gas station and a revitalizing bath house. Its historic roots offer a distinctive character, while its diverse structures provide endless possibilities for investors, entrepreneurs, or those seeking a multi-generational living arrangement with built-in revenue. Property Highlights: Main Residence: This 1176 sq ft, 3-bedroom, 1-bathroom ranch-style home presents an incredible opportunity for a remodel. The roof is (T-Lock shingles), check with your insurance agent regarding insurability. Essential updates including a new furnace, windows, and doors have been completed in the last 10 years, providing a solid foundation for your vision. Imagine transforming this space into your dream home while generating income from the other units. Income-Generating Bungalow: A beautifully maintained and updated 1-bedroom, 1-bathroom bungalow, currently thriving as a short-term vacation rental. This turnkey unit offers immediate revenue and showcases the potential for high-demand lodging in Saratoga. Historic Stone House & Ancillary Buildings: Unearth the hidden gems within the historic stone house and accompanying ancillary buildings. These structures, while needing updating, offer incredible potential for further rental units, unique commercial spaces, or creative personal use, allowing you to honor their heritage while maximizing their value. 6-Unit Storage Facility: A dedicated 6-unit storage facility provides an additional, consistent income stream, appealing to both local residents and visitors needing extra space. Additional Small Rental: Another small rental unit further diversifies your income portfolio, ensuring multiple avenues for return on investment. Unrivaled Location & Potential: The premier corner lot location on Bridge Avenue and River Street offers high visibility and easy access, ideal for commercial ventures or continued residential appeal. With its mixed-use zoning, this property allows for incredible flexibility: continue the existing successful rental operations, transform the main home into a personalized oasis and lease out the other units, or explore the exciting possibilities of revitalizing the historic structures for retail, office, or hospitality ventures (subject to Saratoga zoning and historic preservation guidelines). Note: Some items will be left by the seller and the Buyer will be responsible for removing. Don't miss this rare opportunity to own a piece of Saratoga's legacy, offering a blend of historic charm, contemporary comfort, and unparalleled income potential in a prime location. Schedule your showing today and envision the possibilities!Show Description
MLS® Number20254008
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelMain Level
Exposure
Exterior
GarageYes
Approx. Age1928
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air Gas
A/CNone
Heating Fuel

Extras

Rooms

Show Details
Bedroom 3:MainNot available
Master Bedroom:MainNot available
Dining Room:MainNot available
Living Room:MainNot available
Bedroom 2:MainNot available

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