328 Milton Avenue, Ballston Spa, NY 12020
Local realty services provided by:HUNT Real Estate ERA
328 Milton Avenue,Ballston Spa, NY 12020
$715,000
- 9 Beds
- 7 Baths
- 4,506 sq. ft.
- Multi-family
- Active
Listed by: daniel munn, ronald murphy
Office: high rock realty
MLS#:202616647
Source:Global MLS
Price summary
- Price:$715,000
- Price per sq. ft.:$158.68
About this home
Rare 7-Unit investment gem in the heart of Ballston Spa. Discover a turnkey addition to your portfolio with this exceptional 7-unit multi-family property, perfectly positioned in the vibrant and historic village of Ballston Spa. Located within easy walking distance to local boutiques, popular eateries, and village festivals.
The building features a high-demand unit mix consisting of five spacious 1-bedroom apartments and two 2-bedroom units, producing a strong immediate cash flow with a monthly gross income of $8,630. Rest easy knowing the heavy lifting has been completed through substantial renovations over the last several years. Major infrastructure upgrades include a full electrical system overhaul, extensive plumbing updates, a new Navien high-efficiency boiler, and a power-vented hot water heater. The building's efficiency has been further enhanced with comprehensive insulation, air sealing, and a flat roof replacement.
Beyond the mechanicals, the property shines with renovated apartments, a coin-op laundry room, and upgraded front porch. The exterior boasts excellent curb appeal with updated walkways, a charming patio, and off-street parking. A garage on-site provides additional flexibility for one-car parking or potential additional income for tenant storge.
A complete list of renovations and financial documents are available for review. Please note that showing times are restricted to respect tenant privacy. Don't miss this rare opportunity to own a high-performing asset in one of Saratoga County's most desirable rental markets. Parking lot for 4 cars to the right of property, 2 more cars to the left. Priced to sell, serious investors only....
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Home facts
- Year built:1890
- Listing ID #:202616647
- Added:56 day(s) ago
- Updated:July 02, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Full bathrooms:7
- Flooring:Hardwood, Laminate, Vinyl
- Basement Description:Partial
- Living area:4,506 sq. ft.
Heating and cooling
- Heating:Baseboard, Natural Gas
Structure and exterior
- Roof:Asphalt, Rubber, Shingle
- Year built:1890
- Building area:4,506 sq. ft.
- Lot area:0.2 Acres
- Architectural Style:Apartment 4 Plus Unit
- Construction Materials:Aluminum Siding
- Exterior Features:Front Porch
- Foundation Description:Stone
Schools
- High school:Ballston Spa
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$715,000
- Price per sq. ft.:$158.68
- Tax amount:$12,200
Features and amenities
- Amenities:High Speed Internet
Parking
- Total parking spaces:6
- Parking description:Garage, Off Street, Stone
- Garage:Yes
- Garage spaces:1
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