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Listed price in listed location currency (USD).
$889,000

10612

MLS® 202621624

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 6378 sqft
Garage Yes
Taxes $9,897
Days Active 6
Lot Size 0.22 Acres
Approx. Age 1955
Avg. Price Per Sqft $139
MLS® Number 202621624

Property Address: 154 Milton Ave, Ballston Spa, NY, 12020-1425

Average square foot calculated using Size range provided by listing agent.

Description

6 unit Mixed-Use building in the heart of downtown Ballston Spa. Street Level units are commercial use and fully rented. 4 residential units above. Two 3-bedroom and Two 2- bedroom units. 2nd Floor 3-bedroom unit is recently renovated and open for showings. Owner does not plan to rent open unit, perfect for Owner-Occupied Status. Open unit comps out at 2200/month if rented. All other units are rented. Excellent ROI and estimated to have positive cash flow with DSCR formula. Coin op laundry on premise. Individual electric meters for each unit. Commercial units have individual heating and cooling for each with tenant responsibility. Residential units utilize main boiler with individual thermostats per unit. Garage currently not rented but is ~$200/month extra. Off-street parking and private rear entrance. Sale contingent on owners finding a 1031 exchange property.
MLS® Number202621624
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1955
BasementUnfinished, Walk-Out Access
Driveway
Garage Spaces
HeatZoned, Electric, Baseboard, Forced Air, Hot Water
A/CCentral Air

Extras

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