1 Oak Street, Saratoga Springs, NY 12866
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
- Active
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
https://saratogaoakstreet.lovable.app/oak-street
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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Home facts
- Year built:1900
- Listing ID #:202614878
- Added:1 day(s) ago
- Updated:April 11, 2026 at 02:29 PM
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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