BEDS10
BATHS4 full 2 partial
SQUARE FEET6,378
MLS#202621624
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBallston Spa
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Walk-Out Access
Cooling: Central Air
Garage: 2
Heating: Baseboard, Electric, Forced Air, Hot Water, Zoned, Natu
Home Style: Apartment 4 Plus Unit
Lot Size: 0.22 Acres
Roof Type: Flat
Taxes: $9,896
Year Built: 1955
Feature Descriptions
Days on Site: 4
Exterior: Brick, Vinyl Siding
Exterior: None
Parcel #: 414201 216.24-2-38
Parking Total: 12
Parking Total: 12
Sewer: Public Sewer
SQFT Above Grade Finished: 6378
Utilities: Cable Connected
Water: Public
Local Schools
High School: Ballston Spa
School District: Ballston Spa
Listed By / Shown By
Listing By
Agency Name: CYC Realty Management Inc
Agency Phone: 1 518-785-9461
Shown By
Agent Name: Harold Baldwin
Agent Phone:
Agency Title: CKM Team Realty
Estimate Your Payment
Estimated Payment
$ 3,062.49 per month $1,978.53 Principal & Interest $824.67 Property Tax $259.29 Homeowner's Insurance
154 Milton Avenue | MLS# 202621624
This multi-family property located at 154 Milton Avenue, Ballston Spa, NY 12020 is currently listed for sale with an asking price of $889,000. Milton Avenue is located within the Ballston Spa school district. Search Ballston Spa real estate on www.newyorkcliftonparkhomes.com today.