1 Oak Street, Saratoga Springs, NY 12866

Saratoga Springs
Local realty services provided by:HUNT Real Estate ERA
1 Oak Street,Saratoga Springs, NY 12866
$1,295,000
  • 10 Beds
  • 6 Baths
  • 4,572 sq. ft.
  • Multi-family
  • Pending
Listed by: brian green
Office: exp realty
MLS#:202614878
Source:Global MLS

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$283.25

About this home

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...

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Home facts

  • Year built:1900
  • Listing ID #:202614878
  • Added:81 day(s) ago
  • Updated:July 02, 2026 at 07:56 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Hardwood, Laminate, Tile
  • Basement Description:Unfinished
  • Living area:4,572 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Rubber
  • Year built:1900
  • Building area:4,572 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Corner Lot
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding
  • Exterior Features:Covered, Porch

Schools

  • High school:Saratoga Springs

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$283.25
  • Tax amount:$10,627
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