5052 50-52 Gates Ave

Victory, NY 12884
  • $825,000

    Price
  • 17

    Bed
  • 8

    Bath
  • 11,300

    SqFt

About the Listing o3135A - 32980

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.

Listing Highlights for 5052 50-52 Gates Ave

Status Active
Days on Site 145
Property Type Multi-Family
MLS ® 202515254
Year Built 1940
Total Square Footage 11,300
Lot/Acreage 0.74
County Saratoga
School District Schuylerville
Elementary School Schuylerville
High School Schuylerville

Interior Details

  • Bedrooms: 17
  • Bathrooms: 8 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard,Propane
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 11300
  • Below Ground Sq Ft: 0
  • Basement: Exterior Entry,Sump Pump,Unfinished
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 16
  • Roof: Shingle,Asphalt
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $7,918
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 415003 170.03-2-14
  • Tax Year: N/A

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Listing Location

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5052 50-52 Gates Ave Victory, NY 12884

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Originating MLS: Global MLS

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