58 Lincoln Avenue, Saratoga Springs, NY 12866

Local realty services provided by:HUNT Real Estate ERA
58 Lincoln Avenue,Saratoga Springs, NY 12866
$1,425,000
  • 8 Beds
  • 7 Baths
  • 3,549 sq. ft.
  • Multi-family
  • Active
Listed by: brian green
Office: exp realty
MLS#:202611669
Source:Global MLS

Price summary

  • Price:$1,425,000
  • Price per sq. ft.:$401.52

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:6 day(s) ago
  • Updated:February 10, 2026 at 03:24 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:7
  • Full bathrooms:6
  • Half bathrooms:1
  • Living area:3,549 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt
  • Year built:1900
  • Building area:3,549 sq. ft.
  • Lot area:0.15 Acres

Schools

  • High school:Saratoga Springs

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,425,000
  • Price per sq. ft.:$401.52
  • Tax amount:$8,216
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