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Listed by MaryAnn Paratore • Howard Hanna

$ 949,000

Est. payment -/mo

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Open Sun 11AM-1PM

1-3 Wells Street Saratoga Springs, NY 12866

5 Beds

4 Baths

2,900 SqFt

OPEN HOUSE

Sun Nov 24, 11:00am - 1:00pm

UPDATED:

11/22/2024 12:41 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $327

MLS Listing ID 202419464

Bedrooms 5

Full Baths 4

HOA Y/N No

Originating Board Global MLS

Year Built 1901

Annual Tax Amount $7,231

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions apprx 50x50~ w Total SF at 2615SF

Property Description

This Handsome Historic, all brick, 3-Family is just 4 Blocks from vibrant downtown Saratoga. Ideal for 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/a 25% down loan! Recently renovated, in great condition, featuring nice hardwd Flrs; ea unit has own W/D & separate utilities; +two amazing 700SF Walk-Up Attics adding great architectural space w/high ceilings, for storage & significant potential for more income! Add the classic Saratoga front porch, 2 back entries, 2-3 Parking Spots +a cozy patio for grilling (1A). Good CAP RATE @ ~6.3; strong rental history w potentially even more $$ via AirBnB & attic/s. EZ walk to Shops /Dining /Theaters /Skidmore & Hospital. OPEN HSE Sun Nov 24, 11-1 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.

Location

State NY

County Saratoga

Zoning Multi Residence

Direction From Broadway go West on Church, turn right at the ''Y'' in the road Stoplight w VanDam, next Left on Wells - OR- take VanDam 6 blocks to Wells St, on Right. Brick Building is second on the left. (6 Blks to Broadway, 2.5 blocks to Hosp, Skidmore nearby.)

Interior

Interior Features Solid Surface Counters, High Speed Internet, Walk-In Closet(s)

Heating Forced Air, Natural Gas

Flooring Tile, Carpet, Hardwood, Laminate

Window Features Wood Frames,Blinds,Curtain Rods

Exterior

Exterior Feature None

Garage Off Street, Paved, Driveway

Utilities Available Cable Available

Waterfront No

Roof Type Asphalt

Porch Covered, Front Porch, Patio

Building

Lot Description Level, Road Frontage

Sewer Public Sewer

Water Public

Architectural Style Triplex

Schools

School District Saratoga Springs

Others

Tax ID 411501 165.50-1-52

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Daniel Britten

Broker | License ID: 10311202969

+1(518) 858-5941

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