460 Cold Spring Road

$3,500,000
Home For Sale - Active
  • Multi-Family
  • MLS # 202613597
Listing Provided By: Julie & Co Realty LLC Charles B Goodridge518-409-1218

Property Details

  • Acres: 21.3
  • Total Square Feet: 4,738
  • Above Ground Square Feet: 4738
  • Town: Stillwater
  • Property Type: Multi-Family
  • Bedrooms: 22
  • Full Bathrooms: 12
  • 1/2 Bathrooms: 1
  • School District: Stillwater
  • Estimated Taxes: $16,005
  • Water: Other
  • Sewer: Public Sewer
  • Heat: Electric, Propane
  • Garage: 4
  • Property Style: Other
  • Basement: Other
  • Exterior: Other
  • Exterior Features: None
  • County: Saratoga
  • Cooling: None
  • Parking Spaces: 15
  • Zoning: Multi Residence

Remarks

Investors & Builders Take Notice - Rare Multifamily & Development Opportunity. Exceptional opportunity to acquire a multifamily investment spanning over 21 acres, featuring 8 structures with significant upside. More than half of the property offers additional residential development potential. Ideally located just minutes from Brown's Beach, a short distance to I-87 Exit 12 and I-87 Exit 13, and in close proximity to a local Technology Park, providing strong appeal for workforce housing and potential for long-term growth. Situated within the Stillwater Central School District.SLZ-1 Zoning allows for a range of uses, including residential development (single-family and two-family homes), as well as commercial opportunities such as a restaurant or bed & breakfast with a Special Use Permit (SUP). This offering includes four separate deeds being sold as a package and must be purchased together. Addresses include: 184, 186, 188, 190 & 192 Didonna Lane, and 460 Cold Spring Road. At 460 Cold Spring Road, the first three trailers are owned by the seller, while the remaining 3 operate on land leases, offering a mix of income streams. Municipal water and sewer are available at the road

Parcels SBL #'s 218.20-2-29 (7.48 Acres), 218.20-2-30 (.08 Acres), 230.-1-11 (21.20 Acres) and 230.1-83 (.02 Acres)

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Contact Daniel Davies

Contact Daniel Davies

NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net

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