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Listed by Charles B Goodridge • Julie & Co Realty LLC

$ 3,750,000

Est. payment | -/mo

22 Beds

13 Baths

4,738 SqFt

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$ 3,750,000

Est. payment | -/mo

Save Virtual Tour

22 Beds

13 Baths

4,738 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,738 sqft

Price per Sqft $791

MLS Listing ID 202613597

Bedrooms 22

Full Baths 12

Half Baths 1

HOA Y/N No

Year Built 1970

Annual Tax Amount $16,005

Lot Size 21.300 Acres

Acres 21.3

Property Sub-Type Multi Family

Source Global MLS

Property Description

Investors & Builders Take Notice - Rare Multifamily & Development Opportunity. Exceptional opportunity to acquire a multifamily investment spanning over 21 acres, featuring 8 structures with significant upside. More than half of the property offers additional residential development potential. Ideally located just minutes from Brown's Beach, a short distance to I-87 Exit 12 and I-87 Exit 13, and in close proximity to a local Technology Park, providing strong appeal for workforce housing and potential for long-term growth. Situated within the Stillwater Central School District. Zoning allows for a range of uses, including residential development (single-family and two-family homes), as well as commercial opportunities such as a restaurant or bed & breakfast with a Special Use Permit (SUP). This offering includes four separate deeds being sold as a package and must be purchased together. Addresses include: 184, 186, 188, 190 & 192 Didonna Lane, and 460 Cold Spring Road. At 460 Cold Spring Road, the first three trailers are owned by the seller, while the remaining 3 operate on land leases, offering a mix of income streams. Municipal water and sewer are available at the road

Parcels SBL #'s 218.20-2-29 (7.48 Acres), 218.20-2-30 (.08 Acres), 230.-1-11 (21.20 Acres) and 230.1-83 (.02 Acres)

Location

State NY

County Saratoga

Zoning Multi Residence

Direction Take Route 9P towards Saratoga Lake. Make a right onto Lake Road. The properties are on the right.

Interior

Heating Electric, Propane

Flooring Carpet, Hardwood, Laminate, Linoleum

Exterior

Exterior Feature None

Parking Features Off Street, Driveway

Garage Spaces 4.0

Roof Type Asphalt

Building

Lot Description Road Frontage, Irregular Lot

Sewer Public Sewer

Water Other

Architectural Style Other

Schools

School District Stillwater

Others

Tax ID 415289 230.-1-11

Special Listing Condition Standard

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Nearby Locations

GET MORE INFORMATION

Charles Goodridge

Associate Broker

cgoods@juliecorealty.com

+1(518) 409-1218

18 Division St Ste 314, Saratoga Springs, NY, 12866, USA

460 Cold Spring Road Stillwater, NY 12866