$1,295,000

1 Oak Street, Saratoga Springs, NY 12866

  • 10 beds |
  • 6 baths |
  • 4,572 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $283/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Discover this exceptional turn-key 4-unit multifamily investment at 1-3 Oak Street in Saratoga Springs' vibrant Arts District. Fully renovated in 2021 with no deferred maintenance, the 4,572 sq ft building delivers immediate, stable cash flow from 100% occupancy and $107,575 in total operating income (including $100,560 gross rents from a premium furnished 2/2 unit plus two 3/1s and another 2/2). The property generates a solid 6.0% cap rate on $77,153 NOI at the $1,295,000 asking price, with modern kitchens, updated baths, new appliances, HVAC, electrical, plumbing, flooring, and a new roof. Classic double-porch architecture blends charm with low-maintenance operations, including in-unit laundry. Located steps from Broadway's dining and shops, SPAC, and the Saratoga Race Track, this asset benefits from sub-4% vacancy rates, 3-5% annual rent growth, and strong demand driven by tourism, healthcare, education, and tech. Ideal for hands-off investors or a 1031 exchange, it offers proven performance and appreciation potential in one of New York's most resilient and desirable markets

Listing Status:
Pending
Date Added:
April 11, 2026
Data Last Updated:
May 20, 2026 at 9:37PM
Listing Office:
eXp Realty : 888-276-0630
Listing Agent:
Brian Green : 518-810-2895
MLS ID:
202614878
  • Basement: Unfinished
  • Flooring: LaminateHardwoodTile
  • A/C: Central Air
  • Heating: Forced Air
  • General: None
  • Style: Traditional
  • Parking: None
  • Roofing: RubberAsphalt
  • General: Vinyl Siding
  • Originating MLS: Global MLS
  • School District: Saratoga Springs
  • County: Saratoga
  • Zoning: 411501 165.66-2-57.2
  • Fencing: Back Yard
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS
  • Ownership: Broker Owned

This listing courtesy of Brian Green , eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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