$949,000

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1-3 Wells Street Saratoga Springs, NY, United States 12866

This Handsome Historic, all brick, 3-Family is just 4 Blocks from vibrant downtown Saratoga. Great for investor, or OWNER OCCUPANT w/ appealing 3BR Townhome-Style unit offering spacious MBR/LR & DR, +2 Full Baths, W/D,+AC... BONUS-Live for LESS THAN most RENTs w/25% down loan! Recently renovated, in great condition, featuring nice hardwood Floors; each unit has own W/D & separate utilities; +two amazing 700SF Walk-Up Attics adding great architectural space w/high ceilings, for storage & significantly increasing income potential! Add the classic Saratoga front porch, 2 back entries, 2-3 Parking Spots +a cozy patio for grilling (1A). Good CAP RATE @-6.4; strong rental history w potentially even more income $$ via AirBnB & attic/s. Easy walk to Shops /Dining /Theaters /Skidmore & Hospital. Rents: $2325 for #3/3BR/2BA same renters for last 2 years w /o increase (currently on month to month), each 1BR rented at $1575, vacated May/24 for selling and doing some AirBnB; so for 1A ONLY - no showings July 4-7th, 11-14th, Aug 9-11th, rents range around $300/night. Rest of building can be seen during those periods. NOTE: Cameras on Exterior of unit 3, incl door bell w audio.

Amenities

  • Bedrooms: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 0
  • Property Type: Multi Family
  • Home size: 2,900 ft2 / 269.42 m2
  • MLS: 202419464
  • Web ID: W5P3PG
  • Status: Active
Copyright © 2024 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Presented by MaryAnn Paratore

  • (518) 461-2089

Contact MaryAnn Paratore

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