$825,000

50-52 Gates Avenue, Victory, NY 12884

  • 17 beds |
  • 8 baths |
  • 11,300 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.74acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $73/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

Investors & Developers Take Note! This rare multifamily opportunity offers 8 fully occupied residential units across two adjacent buildings along Fish Creek (50 Gates Ave: four residential units and a vacant commercial storefront and 52 Gates Ave: Four additional units and a coin-operated laundry for tenants) plus a vacant lot offering parking and future development opportunities. Located just a short drive from Saratoga Springs and GlobalFoundries, this investment is perfectly positioned in one of Saratoga County's most promising areas with an increasing demand for rentals. With a gross annual income of $110,400 this is a strong cash-flowing asset with long-term potential. Don't miss this chance to own a high-yield, mixed-use portfolio in Victory Mills, a hidden gem in Saratoga County.

Listing Status:
Active
Date Added:
April 14, 2025
Data Last Updated:
April 4, 2026 at 6:39PM
Listing Office:
Luxterra Realty LLC : 518-424-9064
Listing Agent:
Justin M Grassi : 518-424-9064
MLS ID:
202515254
  • Basement: UnfinishedExterior EntrySump Pump
  • A/C: None
  • Heating: BaseboardPropane
  • General: None
  • Style: Apartment 4 Plus Unit
  • Parking: Parking spaces: 16
  • Roofing: ShingleAsphalt
  • General: BrickVinyl Siding
  • Originating MLS: Global MLS
  • School District: Schuylerville
  • County: Saratoga
  • Zoning: 415003 170.03-2-14
  • Utilities: Cable Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS

This listing courtesy of Justin M Grassi , Luxterra Realty LLC

Monthly Payment

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

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Location

Schools Nearby

S

Schuylerville Elementary School

14 Spring St, Schuylerville, NY, 12871

Grades KG-5

1.55 miles away

S

Schuylerville Middle School

14 Spring St, Schuylerville, NY, 12871

Grades 6-8

1.55 miles away

S

Schuylerville High School

14 Spring St, Schuylerville, NY, 12871

Grades 9-12

1.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.