50-52 Gates Avenue,  Victory Mills  (12884)

$825,000

17 bedrooms 17   8 bathrooms 8   11300 square feet 11,300
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PROPERTY DETAILS

Address: view address
Victory Mills, NY 12884
Map Location
Features: Basement
Bedrooms:17Bathrooms:8 (full: 8)
Square Feet:11,300 sq.ft.Lot Size:32234.4
Year Built:1940Styles:Apartment 4 Plus Unit
Property Type:Multi FamilyCounty:Saratoga
List Date:2025-04-13Listing Number:202515254
Listed By:Just In New York Real Estate

PROPERTY 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.

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Interior

Room Information

Basement:YesBasement features:Sump Pump, Exterior Entry, Unfinished

Cooling & Heating

Cooling features:NoneHeating features:Baseboard, Propane
Heating:Yes

Exterior

Exterior and Lot

Construction Materials:Brick, Vinyl SidingRoof:Shingle, Asphalt
Style:Apartment 4 Plus Unit

Property Features

Exterior features:NonePatio and Porch features:Porch

Property and Lot Details

Other

Sewer:Public Sewer

Schools

Elementary School:SchuylervilleHigh School:Schuylerville

Fee

Special Listing Conditions:StandardAnnual Tax:7918

Building Information

Year Built:1940

Lot

Lot Dimensions:32234.4

Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Justin M Grassi of Just In New York Real Estate (5184249064)