Description
This Handsome Historic, all brick, 3-Family is just 4 Blocks to vibrant downtown Saratoga. Great for investor, or OWNER OCCUPANT w/ appealing 3BR Townhome-Style unit offering spacious MBR/LR /FDR+2 Full Baths, W/D, +AC. BONUS-Live for LESS THAN most RENTs w/25% down loan! Recently renovated, in great condition, featuring nice hardwood Floors; each unit has own W/D & separate utilities; +2 amazing 700SF Walk-Up Attics - adding great architectural space w/high ceilings, for storage &/or increasing income potential! Add the classic Saratoga front porch, 2 back entries, 2-3 Parking Spots +a cozy patio for grilling (1A). Good CAP RATE @~6.4; strong rental history (73K at current rates); potentially more income $$ via AirBnB & attic/s. Easy walk to Shops /Dining /Theaters /Skidmore & Hospital. Rents: $2325 for #3/3BR/2BA same renters for last 2 years w /o increase (currently on month to month), each 1BR rented at $1575, vacated May/24 for selling and doing some AirBnB; so for 1A ONLY - no showings July 4-7th, 11-14th, Aug 9-11th, rents range around $300/night. Rest of building can be seen during those periods. NOTE: Cameras on Exterior of unit 3, incl door bell w audio.
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5BEDS
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0.06ACRES
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4BATHS
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01/2 BATHS
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2,900SQFT
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$327$/SQFT
School Information
Description
This Handsome Historic, all brick, 3-Family is just 4 Blocks to vibrant downtown Saratoga. Great for investor, or OWNER OCCUPANT w/ appealing 3BR Townhome-Style unit offering spacious MBR/LR /FDR+2 Full Baths, W/D, +AC. BONUS-Live for LESS THAN most RENTs w/25% down loan! Recently renovated, in great condition, featuring nice hardwood Floors; each unit has own W/D & separate utilities; +2 amazing 700SF Walk-Up Attics - adding great architectural space w/high ceilings, for storage &/or increasing income potential! Add the classic Saratoga front porch, 2 back entries, 2-3 Parking Spots +a cozy patio for grilling (1A). Good CAP RATE @~6.4; strong rental history (73K at current rates); potentially more income $$ via AirBnB & attic/s. Easy walk to Shops /Dining /Theaters /Skidmore & Hospital. 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.
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