58 Lincoln Avenue, Saratoga Springs, NY 12866
Local realty services provided by:CENTURY 21 North East
58 Lincoln Avenue,Saratoga Springs, NY 12866
$1,425,000
- 8 Beds
- 7 Baths
- 3,549 sq. ft.
- Multi-family
- Pending
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 everything updated for modern, worry-free operation. Unit Mix: Mix of 2-bed/1-2 bath and studio units with in-unit laundry and off-street parking - high tenant appeal in a tourism/healthcare/tech-driven area. Market Strength: Saratoga Springs enjoys steady rent growth, low multifamily vacancies (regional ~2-5%), and strong demand from seasonal events, downtown vibrancy, and Capital Region job growth. https://turnkey58lincoln.lovable.app...
Contact an agent
Home facts
- Year built:1900
- Listing ID #:202611669
- Added:55 day(s) ago
- Updated:April 03, 2026 at 07:55 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
- Full bathrooms:6
- Half bathrooms:1
- Flooring:Hardwood
- Basement Description:Unfinished
- Living area:3,549 sq. ft.
Heating and cooling
- Cooling:AC Pump, Central Air
- Heating:Ductless, Forced Air
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Building area:3,549 sq. ft.
- Lot area:0.15 Acres
- 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
- Price per sq. ft.:$401.52
- Tax amount:$8,216
Parking
- Total parking spaces:5
- Parking description:Driveway
New listings near 58 Lincoln Avenue
- New
$850,000Active-- beds 1 baths2,156 sq. ft.48 Lincoln Avenue, Saratoga Springs, NY 12866
MLS# 202614408Listed by: MIRANDA REAL ESTATE GROUP INC - New
$1,816,500Active4 beds 4 baths3,000 sq. ft.8 Riley Farm Lane, Saratoga Springs, NY 12866
MLS# 202614294Listed by: KW PLATFORM - Open Sat, 3 to 5pmNew
$799,999Active4 beds 2 baths1,375 sq. ft.21 Foxhall Drive, Saratoga Springs, NY 12866
MLS# 202614278Listed by: KW PLATFORM - Open Sat, 11am to 1pmNew
$419,900Active3 beds 2 baths1,100 sq. ft.7 Gick Road, Saratoga Springs, NY 12866
MLS# 202614256Listed by: VENTURE FOX REALTY GROUP LLC - New
$529,000Active4 beds 2 baths1,857 sq. ft.14 Sherri Drive, Saratoga Springs, NY 12866
MLS# 202614184Listed by: COLDWELL BANKER PRIME PROPERTIES - New
$975,000Active-- beds 1 baths846 sq. ft.19 Washington Street #360 N, Saratoga Springs, Inside, NY 12866
MLS# 202614138Listed by: EXP REALTY
$2,150,000Pending2 beds 3 baths1,624 sq. ft.19 Washington Street #555/557, Saratoga Springs, Inside, NY 12866
MLS# 202614136Listed by: EXP REALTY
$707,900Pending3 beds 2 baths2,126 sq. ft.30 Sagano Street, Wilton, NY 12866
MLS# 202528372Listed by: HOWARD HANNA CAPITAL INC- New
$1,450,000Active3 beds 3 baths2,028 sq. ft.4 Beach Court, Saratoga Springs, NY 12866
MLS# 202614103Listed by: HOWARD HANNA CAPITAL INC - New
$2,850,000Active4 beds 4 baths2,646 sq. ft.104 Regent Street, Saratoga Springs, NY 12866
MLS# 202614036Listed by: SPLIT ROCK REAL ESTATE