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58 Lincoln Avenue, Saratoga Springs, NY 12866

Saratoga Springs
Local realty services provided by:CENTURY 21 North East
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:131 day(s) ago
  • Updated:June 18, 2026 at 06:29 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
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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