Pending

1 Oak Street

Saratoga Springs, NY 12866
Mark as Favorite
Bed 10

Bed

Bath 6

Bath

SqFt4,572

Sqft

Acres0.09

Acre(Lot)

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

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,295,000

AD Id : 76995598

MLS Id : 202614878

Beds : 10

Lot Size : 0.09 Acre

Living Area Size : 4,572

Year Built : 1900

County : Saratoga

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 6 Full Baths: 6

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Flooring Information

    Tile, Hardwood, Laminate
  • Roofing Information

    Rubber, Asphalt
  • Interior Features

    Roof: Rubber, Asphalt
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1900 Construction Materials: Vinyl Siding Patio And Porch Features: Porch, Covered Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 0.09 Acres Lot Size Acres: 0.09 Lot Size Square Feet: 3920.4 Lot Description: Corner Lot

  • Listing Price Information

    Listing Price: $1295000

  • Tax Information

    Parcel Number: 411501 165.66-2-57.2 Tax Lot: 57.002 Tax Block: 2 Annual Tax: $10627

  • Parking Information

    None, No Garage

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Saratoga Springs
  • Utility Information

    Sewer Connected
  • Location Information

    Direction: Exit 13N to Broadway. Left on West Circular. Right on Beekman. Slight right onto S. Franklin. Property on corner of S. Franklin and Oak. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
81 Rodgers Lane, Saratoga Springs, NY, 12866 $1,049,900 4 3 2,400 2,400 SqFt
460 Cold Spring Road, Saratoga Springs, NY, 12866 $3,500,000 22 13 4,738 4,738 SqFt
17 Granger Avenue, Saratoga Springs, NY, 12866 $699,000 4 2 1,940 1,940 SqFt
111-113 East Avenue, Saratoga Springs, NY, 12866 $948,000 6 4 2,992 2,992 SqFt
2 Madison Avenue #1, Saratoga Springs, NY, 12866 $17,000 2 1 2,309 2,309 SqFt
103-105 East Avenue, Saratoga Springs, NY, 12866 $1,195,000 6 6 4,164 4,164 SqFt
72 Union Avenue, Saratoga Springs, NY, 12866 $6,500,000 22 22 16,562 16,562 SqFt
48 Lincoln Avenue, Saratoga Springs, NY, 12866 $780,000 -- 1 2,156 2,156 SqFt
119 Church Street, Saratoga Springs, NY, 12866 $859,000 5 3 2,842 2,842 SqFt
154 Washington Street, Saratoga Springs, NY, 12866 $775,000 5 3 2,600 2,600 SqFt

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ByOwner last updated this listing 06/22/2026 @ 13:45

MLS: 202614878 LISTED BY: Brian Green, eXp Realty 888-276-0630 SOURCE: Global MLS

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