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17-21 Granite Street

Saratoga Springs, NY 12866
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Bed 12

Bed

Bath 6

Bath

SqFt5,392

Sqft

Acres0.28

Acre(Lot)

This fully renovated 6-unit multifamily property offers a turnkey investment opportunity with 100% occupancy and stable cash flow. Originally built in 1880 and comprehensively renovated in 2021, the 5,392 sq ft complex sits on a 0.28-acre lot and comprises three buildings at 17, 19, and 21 Granite Street. The renovation included new siding, HVAC systems with central air, refinished and new flooring, all-new kitchens, bathrooms, lighting, paint, porches, and landscaping. Roofs were professionally coated. The property features a shared common lawn area and off-street parking. Value Proposition A rock-solid, low-maintenance investment tailored for 1031 exchange participants, portfolio expanders, or owner-occupants seeking hassle-free ownership in one of upstate New York's most desirabl e markets. Key features include a furnished single-family house (19 Granite) commanding premium rents, three separate structures diversifying risk, and comprehensive 2021 renovations ensuring turnkey readiness with minimal future capital requirements. Proximity to Skidmore College and downtown Broadway drives year-round tenant demand. Owner-Occupant Opportunity: Live in the furnished single-family house at 19 Granite while rental income from the remaining 5 units covers the mortgage--effectively living for free in downtown Saratoga Springs.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,795,000

AD Id : 77068267

MLS Id : 202614995

Beds : 12

Lot Size : 0.28 Acre

Living Area Size : 5,392

Year Built : 1880

County : Saratoga

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 6 Full Baths: 6

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1880 Construction Materials: Vinyl Siding Private Pool: No
  • Exterior Features

    Exterior Features: Other

  • Lot Information

    Main Square Feet: 0.28 Acres Lot Size Acres: 0.28 Lot Size Square Feet: 12196.8

  • Listing Price Information

    Listing Price: $1795000

  • Tax Information

    Parcel Number: 411501 165.43-1-31 Tax Lot: 31.000 Tax Block: 1 Annual Tax: $19641

  • School Information

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

    Sewer Connected
  • Location Information

    Direction: From I-87 North, take Exit 15 and turn right onto NY-50 South towards Saratoga Springs. Turn right onto Gick Road and continue for about 1.6 miles, then turn left onto Vincek Lane. Granite Street is located near Gick Road/Vincek Lane in Saratoga Springs, NY, a short drive from the exit. 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 3 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 06/23/2026 @ 20:40

MLS: 202614995 LISTED BY: Brian Green, eXp Realty 888-276-0630 SOURCE: Global MLS

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