175 Beekman Street

Remarks

Prime downtown Saratoga Springs investment opportunity at 175 Beekman Street. This well-maintained 5-unit multifamily property offers a versatile unit mix consisting of two 1-bedroom units, one 1.5-to-2-bedroom unit, one 2-bedroom unit and one 3-bedroom unit.

The property features off-street parking for three vehicles, additional street parking, a large backyard, an on-site coin-operated laundry room and separate gas and electric meters for ALL units. Most windows have been replaced, house recently painted and brand new vinyl siding on back, one of the roofs was replaced approximately three years ago, and all furnaces have been updated to natural gas.

Located close to downtown dining, shopping, entertainment, accessible to bus lines just down the road, and close to the Saratoga Race Course and all that Saratoga Springs has to offer. This property benefits from strong rental demand and historically low vacancy rates. A rare opportunity to acquire a substantial multifamily asset in one of the Capital Region's most desirable rental markets.

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