85-87 South Street, Ballston Spa, NY 12020
New

13 Photos
 
$340,000
Active for Sale
 
Listing ID 11404402
Property Type Multi-Unit (2-4)
County Saratoga
Township Milton
School Ballston Spa
Total Tax $6,867
Tax ID 203.71-1-83
FEMA Flood Map fema.gov/portal
Virtual Tour

Fully Occupied 4 Unit Building, Walk to downtown Ballston Spa

We are in a multiple offer situation Please come in with your highest and best offer by Sunday, January 12th.This is a well maintained building having (4) 2 bedroom and consistently rented apartments, 2 at $850/month and 2 at $875/month. Tenants pay their own utilities. Owner pays trash removal, sewer/ water usage, and snow removal. There is a coin operated 1st floor laundry room. Each apartment has individual: central air conditioning units, upgraded 100 amp. electric services, upgraded natural gas domestic hot water heaters and upgraded natural gas forced air heating furnaces. There are 3 on-site parking spaces plus 3 on street parking spaces. The owner has decided to downsize his investments and simplify life. This decision has created a great opportunity for new investors getting started, as well as seasoned real estate investors, who want to add to their inventory of properties. To top it off, The Village of Ballston Spa is an active area for rentals and an ideal place to grow one's real estate portfolio!
Property Details
  • 3098 SF
  • 0.05 Acres
  • Full Basement
  • Lower Level: Unfinished, Bilco Doors
Interior Features
  • Oven/Range
  • Refrigerator
  • Forced Air
  • 4 Heat/AC Zones
  • Gas Fuel
  • Natural Gas Avail
  • Central A/C
  • 4 Amps
Exterior Features
  • Frame Construction
  • Vinyl Siding
  • Rubber Roof
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
  • Near Bus
Community Details
  • Laundry in Building
Taxes and Fees
  • $3,996 School Tax
  • $2,871 County Tax
  • $6,867 Total Tax
  • Tax Year 2025
Listed By
JEFFREY E BROWN REALTY
Office: 518-587-0532
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