REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jerid Meagan • Principles Realty Group
$ 799,000
Est. payment /mo
Active
116 Nys Rt 32 Saratoga, NY 12871
4 Beds
4 Baths
3,484 SqFt
UPDATED:
11/13/2024 03:23 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,484 sqft
Price per Sqft $229
MLS Listing ID 202421637
Bedrooms 4
Full Baths 4
HOA Y/N No
Originating Board Global MLS
Year Built 1950
Annual Tax Amount $13,089
Lot Size 160.300 Acres
Acres 160.3
Property Description
This remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful, partially furnished farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and one owner owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District,' encouraging higher density development and increasing its overall potential.
Please go to the ''Supplemental'' section of the MLS for additional details and information on AirBnB listings.
Please see video for drone footage and virtual tour. The Farmhouse at Saratoga
Overview
This remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful, partially furnished farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and one owner owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District,' encouraging higher density development and increasing its overall potential.
Farmhouse
The farmhouse spans approximately 3,484 square feet, blending historic charm with modern updates including new plumbing and electrical systems. It is divided into four 1-bed/1-bath units. Two units have been beautifully renovated, are tastefully furnished with quality furnishings, and are fully active on Airbnb demonstrating strong occupancy during peak summer and off-season periods. The remaining two units are approximately 70% finished, offering a prime opportunity for personal customization or completion to double rental income from the farmhouse.
To view the AirBnB listings, search "Farmhouse at Saratoga - H2 - AirBnB" and "Farmhouse at Saratoga - H1 - Vintage - AirBnB" on AirBnB.
Mobile Home Park
The Mobile Home Park sits on just under 2 acres and is comprised of 6 pads, with five currently occupied and one vacant. One mobile home is owned by the park owner, while the remaining four occupied pads are owned by residents, with an onsite Park Manager residing in the owner's mobile home.
Under current ownership, rents have remained unchanged and are significantly below market rates, presenting a clear opportunity for additional income. The park is grandfathered in so can remain as such, or be transitioned to other single or multi-family scenarios.
Vintage Red Barn
There is a large onsite 1800s barn, approximately 33ft x 60ft, with 3 bays on the main floor and a second-floor loft believed to have been an old 'millhouse.' This unique and versatile structure offers numerous possibilities for traditional horse/ animal sheltering, storage, workshop, arts and craft studio and/or other creative endeavors.
Village Extension District (VED)
This property is extremely unique in that it has 740 feet of road frontage and associated land sits inside the Village Extension District which provides opportunity to build multi-family units depending on configuration.
Farmland
The property offers many opportunities to enjoy the vast acreage including approximately 12 acres of tillable farmland, waterfront on the Fish Creek and back country for hiking and/or hunting.
Please go to the ''Supplemental'' section of the MLS for additional details and information on AirBnB listings.
Please see video for drone footage and virtual tour. The Farmhouse at Saratoga
Overview
This remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful, partially furnished farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and one owner owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District,' encouraging higher density development and increasing its overall potential.
Farmhouse
The farmhouse spans approximately 3,484 square feet, blending historic charm with modern updates including new plumbing and electrical systems. It is divided into four 1-bed/1-bath units. Two units have been beautifully renovated, are tastefully furnished with quality furnishings, and are fully active on Airbnb demonstrating strong occupancy during peak summer and off-season periods. The remaining two units are approximately 70% finished, offering a prime opportunity for personal customization or completion to double rental income from the farmhouse.
To view the AirBnB listings, search "Farmhouse at Saratoga - H2 - AirBnB" and "Farmhouse at Saratoga - H1 - Vintage - AirBnB" on AirBnB.
Mobile Home Park
The Mobile Home Park sits on just under 2 acres and is comprised of 6 pads, with five currently occupied and one vacant. One mobile home is owned by the park owner, while the remaining four occupied pads are owned by residents, with an onsite Park Manager residing in the owner's mobile home.
Under current ownership, rents have remained unchanged and are significantly below market rates, presenting a clear opportunity for additional income. The park is grandfathered in so can remain as such, or be transitioned to other single or multi-family scenarios.
Vintage Red Barn
There is a large onsite 1800s barn, approximately 33ft x 60ft, with 3 bays on the main floor and a second-floor loft believed to have been an old 'millhouse.' This unique and versatile structure offers numerous possibilities for traditional horse/ animal sheltering, storage, workshop, arts and craft studio and/or other creative endeavors.
Village Extension District (VED)
This property is extremely unique in that it has 740 feet of road frontage and associated land sits inside the Village Extension District which provides opportunity to build multi-family units depending on configuration.
Farmland
The property offers many opportunities to enjoy the vast acreage including approximately 12 acres of tillable farmland, waterfront on the Fish Creek and back country for hiking and/or hunting.
Location
State NY
County Saratoga
Direction From North: Follow I-87 S to Ballard Rd in Wilton. Take exit 16. Continue on Ballard Rd to 116 NY-32. From South: Take I-87 N to NY-9P S/Union Ave in Saratoga Springs. Take exit 14 off of I-87 N. Take Meadowbrook Rd, Co Rd 6 and NY-32 N to 116 NY-32.
Interior
Interior Features Other
Heating Baseboard, Electric, Oil
Flooring Hardwood
Exterior
Parking Features Paved, Garage
Garage Spaces 2.0
Waterfront Description Creek
Roof Type Metal,Rubber
Porch Covered, Front Porch
Building
Sewer Septic Tank
Water Drilled Well
Architectural Style Other
Schools
School District Schuylerville
Others
Tax ID 415089 169.-2-14.1
GET MORE INFORMATION
Homes For Sale Quick Search
- The Great Sacandaga Lake Real Estate & Homes For Sale
- Galway Lake Real Estate & Homes For Sale
- Amsterdam Real Estate & Homes For Sale
- Ballston Spa Real Estate & Homes For Sale
- Broadalbin Real Estate & Homes For Sale
- Burnt Hills Real Estate & Homes For Sale
- Fonda-Fultonville Real Estate & Homes For Sale
- Galway Real Estate & Homes For Sale
- Gloversville Real Estate & Homes For Sale
- Johnstown Real Estate & Homes For Sale
- Mayfield Real Estate & Homes For Sale
- Northville Real Estate & Homes For Sale
- Saratoga Springs Real Estate & Homes For Sale
- Scotia-Glenville Real Estate & Homes For Sale
- Galway, NY