58 Lincoln Avenue, Saratoga Springs, NY 12866

Saratoga Springs
Local realty services provided by:HUNT Real Estate ERA
58 Lincoln Avenue,Saratoga Springs, NY 12866
$1,425,000
  • 8 Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: brian green
Office: exp realty
MLS#:202611669
Source:Global MLS

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Price summary

  • Price:$1,425,000

About this home

Prime turnkey multifamily investment at 58 Lincoln Avenue, Saratoga Springs, NY 12866 - just steps from Broadway, SPAC, and the iconic Saratoga Race Track. This 5-unit property (built 1900, fully revitalized top-to-bottom in the past 2 years) delivers immediate, hassle-free cash flow with 100% occupancy and no deferred maintenance. Ideal for 1031 exchange investors or local portfolio builders seeking rock-solid, low-operational-demand ownership in one of New York's most resilient markets. Key Highlights: Stabilized Income: Current monthly gross rents $9,750. Normalized annual operating income: $118,200. Strong NOI: Annualized Net Operating Income $91,571. Recent Renovations (Past 2 Years): New roof, siding, parking lot/driveway, landscaping, HVAC systems, electrical/plumbing/lighting fixtures, refinished hardwood floors, fresh paint, all-new kitchens (quartz counters, stainless appliances, cabinets), all-new bathrooms (tile, vanities, fixtures), in-unit laundry, and more - literally...

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Home facts

  • Year built:1900
  • Listing ID #:202611669
  • Added:98 day(s) ago
  • Updated:May 16, 2026 at 06:16 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:7
  • Full bathrooms:6
  • Half bathrooms:1
  • Flooring:Hardwood
  • Basement Description:Unfinished

Heating and cooling

  • Cooling:AC Pump, Central Air
  • Heating:Ductless, Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1900
  • Architectural Style:Apartment 4 Plus Unit
  • Construction Materials:Vinyl Siding
  • Exterior Features:Garden

Schools

  • High school:Saratoga Springs

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,425,000
  • Tax amount:$8,216

Parking

  • Total parking spaces:5
  • Parking description:Driveway
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