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1 Oak Street, Saratoga Springs, NY 12866

Saratoga Springs
Local realty services provided by:CENTURY 21 North East
1 Oak Street,Saratoga Springs, NY 12866
$1,309,000
  • 10 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: brian green
Office: exp realty
MLS#:202614878
Source:Global MLS

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Price summary

  • Price:$1,309,000

About this home

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...

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Home facts

  • Year built:1900
  • Listing ID #:202614878
  • Added:111 day(s) ago
  • Updated:August 01, 2026 at 06:43 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Hardwood, Laminate, Tile
  • Basement Description:Unfinished

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Rubber
  • Year built:1900
  • 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:$1,309,000
  • Tax amount:$10,627
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved. NY_GCAR Member Broker: Jim D’Amico

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