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154 Milton Avenue

Ballston Spa, NY 12020

Active

$889,000

Listing by:
Timothy Winslow
CYC Realty Management Inc
518-488-9998

6 unit Mixed-Use building in the heart of downtown Ballston Spa. Street Level units are commercial use and fully rented. 4 residential units above. Two 3-bedroom and Two 2- bedroom units. 2nd Floor 3-bedroom unit is recently renovated and open for showings. Owner does not plan to rent open unit, perfect for Owner-Occupied Status. Open unit comps out at 2200/month if rented. All other units are rented. Excellent ROI and estimated to have positive cash flow with DSCR formula. Coin op laundry on premise. Individual electric meters for each unit. Commercial units have individual heating and cooling for each with tenant responsibility. Residential units utilize main boiler with individual thermostats per unit. Garage currently not rented but is ~$200/month extra. Off-street parking and private rear entrance. Sale contingent on owners finding a 1031 exchange property.

$889,000
10.0
Bedrooms
4
Bathrooms
6,378
Sq. Ft.
$ 139
$/Sq. Ft.
0.22
Acres
Year Built:
1955
County:
Saratoga
School District:
Ballston Spa
Acres:
0.22
Listing Agent:
Timothy Winslow
Listing Office:
CYC Realty Management Inc
CONTACT A
BUYER'S AGENT

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Features

Square Feet: 6,378
Town: Ballston Spa
Bedrooms: 10
Full Bathrooms: 4
Estimated Taxes: $9,897
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Electric, Forced Air, Hot Water, Zoned, Natural Gas
Garage: 2
Property Style: Apartment 4 Plus Unit
Exterior: Brick, Vinyl Siding
Exterior Features: None
Cooling: Central Air
Parking Spaces: 12

Location



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