50-52 Gates Avenue, Victory, NY 12884

Local realty services provided by:HUNT Real Estate ERA
50-52 Gates Avenue,Victory, NY 12884
$825,000
  • 17 Beds
  • 8 Baths
  • 11,300 sq. ft.
  • Multi-family
  • Active
Listed by:justin m grassi
Office:just in new york real estate llc.
MLS#:202515254
Source:Global MLS

Price summary

  • Price:$825,000
  • Price per sq. ft.:$73.01

About this home

Investors & Developers Take Note! This rare multifamily opportunity offers 8 fully occupied residential units across two adjacent buildings along Fish Creek (50 Gates Ave: four residential units and a vacant commercial storefront and 52 Gates Ave: Four additional units and a coin-operated laundry for tenants) plus a vacant lot offering parking and future development opportunities. Located just a short drive from Saratoga Springs and GlobalFoundries, this investment is perfectly positioned in one of Saratoga County's most promising areas with an increasing demand for rentals. With a gross annual income of $110,400 this is a strong cash-flowing asset with long-term potential. Don't miss this chance to own a high-yield, mixed-use portfolio in Victory Mills, a hidden gem in Saratoga County.

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Home facts

  • Year built:1940
  • Listing ID #:202515254
  • Added:167 day(s) ago
  • Updated:September 29, 2025 at 02:45 PM

Rooms and interior

  • Bedrooms:17
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:11,300 sq. ft.

Heating and cooling

  • Heating:Baseboard, Propane

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1940
  • Building area:11,300 sq. ft.
  • Lot area:0.74 Acres

Schools

  • High school:Schuylerville
  • Elementary school:Schuylerville

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$825,000
  • Price per sq. ft.:$73.01
  • Tax amount:$7,918
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