USANYVictory Mills5052 Gates Ave
52 - 5052 Gates Ave, Home with 17 bedrooms, 8 bathrooms and 16 parking in Victory Mills NY | Image 1
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$825,000

52 - 5052 Gates Ave, Victory Mills, NY

Real Estate

For Sale

$--,---,---
17816
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 11300 sqft
Garage No
Taxes $7,918
Days Active 107
Lot Size 
Approx. Age 1940
Avg. Price Per Sqft $73
MLS® Number 202515254

Property Address: 

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

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.Show Description
MLS® Number202515254
Laundry Level
Central VacNo
FireplaceNo
Acreage0.74
ExteriorNone
GarageNo
Approx. Age1940
BasementExterior Entry, Sump Pump, Unfinished
Driveway
Garage Spaces
HeatBaseboard, Propane
A/CNone
Heating Fuel

Extras

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