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50-52 Gates Avenue

Victory Mills, NY 12884
  • $825,000
  • STATUS: Active
  • MLS #: 202515254
New
UPDATED: 12 min ago
$825,000
  • 17
    BEDS
  • 0.74
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 11,300
    SQFT
  • $73
    $/SQFT
Type:
Multi-Family
Built:
1940
County:
Area:

School Information

Elementary School:
High School:
School District:

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.

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© 2025 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2025-04-20T12:12:15.797.
www.heerrealty.com/homes/162589427
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50-52 Gates Avenue Victory Mills, NY 12884

  • Price: $825,000
  • Status: Active
  • On Site: Days
  • Updated: 12 min ago
  • MLS #: 202515254
17
Beds
8
Baths
0
½ Baths
0.74
Acres
11,300
SQFT
$73
$/SQFT
1940
Built
County:
Saratoga
Area:
Saratoga
Elementary School:
Schuylerville
High School:
Schuylerville
School District:
Schuylerville
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.
Exterior Features

Architectural Style Apartment 4 Plus Unit Construction Materials BrickVinyl Siding Door Features [] Exterior Features None Fencing [] Foundation Details [] Lot Features [] Other Structures [] Parking Features [] Parking Total 16 Patio And Porch Features Porch Pool Features [] Roof ShingleAsphalt View [] Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Basement Exterior EntrySump PumpUnfinished Cooling None Cooling YN No Fireplace Features [] Flooring [] Heating BaseboardPropane Heating YN Yes Interior Features [] Laundry Features [] Propane Heating Yes

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric [] Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] Other Equipment [] Owner Pays [] Property Condition [] Property Sub Type Multi Family Security Features [] Sewer Public Sewer Special Listing Conditions Standard Tenant Pays HeatElectricityGas Utilities Cable Available Water Source Public

Listing information © 2025 Global MLS.
Listing provided courtesy of Justin Grassi of Just In New York Real Estate: .



© 2025 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2025-04-20T12:12:15.797.
 
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