3D Tour- Multi-Family
- MLS # 202621624
Property Details
- Acres: 0.22
- Total Square Feet: 6,378
- Above Ground Square Feet: 6378
- Town: Ballston Spa
- Property Type: Multi-Family
- Bedrooms: 10
- Full Bathrooms: 4
- 1/2 Bathrooms: 2
- School District: Ballston Spa
- Estimated Taxes: $9,897
- Water: Public
- Sewer: Public Sewer
- Heat: Baseboard, Electric, Forced Air, Hot Water, Zoned, Natural Gas
- Garage: 2
- Property Style: Apartment 4 Plus Unit
- Basement: Unfinished, Walk-Out Access
- Exterior: Brick, Vinyl Siding
- Exterior Features: None
- County: Saratoga
- Cooling: Central Air
- Parking Spaces: 12
Remarks
6 unit Mixed-Use building in the heart of downtown Ballston Spa. Street Level units are commercial use and fully rented. 4 residential units above. Two 3-bedroom and Two 2- bedroom units. 2nd Floor 3-bedroom unit is recently renovated and open for showings. Owner does not plan to rent open unit, perfect for Owner-Occupied Status. Open unit comps out at 2200/month if rented. All other units are rented. Excellent ROI and estimated to have positive cash flow with DSCR formula. Coin op laundry on premise. Individual electric meters for each unit. Commercial units have individual heating and cooling for each with tenant responsibility. Residential units utilize main boiler with individual thermostats per unit. Garage currently not rented but is ~$200/month extra. Off-street parking and private rear entrance. Sale contingent on owners finding a 1031 exchange property.
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Contact Daniel Davies
NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net
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