50-52 Gates Avenue, Victory, NY 12884, Victory

$ 825,000
50-52 Gates Avenue, Victory, NY 12884,

Overview

  • Updated On:
  • April 17, 2025
  • 220682
  • Property ID
  • 17
  • Bedrooms
  • 8
  • Bathrooms
  • 11,300 ft2
  • Property Size

Description

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.

Address: 50-52 Gates Avenue, Victory, NY 12884
City:
State/County:
Zip: 12884
Country: United States

Property Id: 220682
Price: $ 825,000
Property Size: 11,300 ft2
Property Lot Size: 1 ft2
Bedrooms: 17
Bathrooms: 8
Listed By: Justin M Grassi
Listing Agent Email: justinmgrassi@gmail.com
Listing Agent Phone: 518-424-9064
Listing Brokerage: Just In New York Real Estate

Other Features
Has Heating System
None
Open Parking

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$ 4,229.94
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,198.69

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Anthony Gucciardo

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