Saratoga Springs Multi-Family Properties for Sale

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Newest Saratoga Springs Multi-Family Homes for Sale

$739,000

5 Beds ⋅ 4 Baths ⋅ 202628546 MLS

Discover the investment potential of 43 Ash Street, a well positioned three-family property in Saratoga Springs. Offering approximately 2,720 square feet across three residential units, this property presents an attractive opportunity for both seasoned investors and those looking to enter the multifamily market. Featuring five bedrooms and four bathrooms in total, the property offers a versatile unit configuration, tenant-paid utilities, and six off-street parking spaces - an especially valuable amenity in this desirable city setting. Established rental income, including additional parking revenue, provides a solid foundation for investors seeking to expand or diversify their portfolios. For buyers considering an owner-occupied investment, the three-unit configuration also presents the opportunity to reside in one apartment while generating rental income from the other two, helping offset the cost of ownership. Conveniently located near downtown Saratoga Springs, with easy access to dining, shopping, entertainment, and the city's renowned year-round attractions, 43 Ash Street offers both immediate income potential and long-term investment appeal.

43 Ash Street, Saratoga Springs, Inside

$750,000

4 Beds ⋅ 2 Baths ⋅ 202628313 MLS

OPEN HOUSE SAT 10/16 @12-2pm + SUN 10/17 @12-2pm. Properties like this simply do not come along often! Offering the rare versatility of a true 2-family layout right within city limits, this is a must-see home designed for ultimate flexibility. Whether you are looking for a smart investment property, a seamless multi-generational living arrangement where loved ones can stay close while maintaining privacy, or a primary home with the added benefit of extra living space and rental income, this property delivers! Just 1/2-mile to downtown with sidewalks the entire way, you are nestled on a quiet street on Saratoga's desirable West Side. This lovingly restored, move-in-ready home wraps you in warmth and timeless character the moment you arrive. Imagine lazy mornings with coffee on the beautiful front porch, or peaceful strolls down quiet, tree-lined streets that lead you straight into the vibrant energy of downtown. Step outside your front door and immerse yourself in the creative spirit of the nearby Beekman Street Arts District, where local shops, galleries, and restaurants invite you to truly live local. Property Highlights: -Rare 2-Family Versatility: Perfectly configured for multi-generational living, a high-potential rental, or a spacious single-family setup with extra room for family members. The upper level offers independence and convenience. -Heartwarming Character: Impeccably restored with gorgeous hardwood floors, classic architectural details, and a welcoming ambiance that feels like home instantly. -An Incredible Outbuilding Setup: Beyond the main house sits a truly gigantic garage equipped with electricity, a spacious loft, and plumbing subbed in for a full bathroom. Whether you dream of an ultimate workshop, a creative studio, or future guest space, this outbuilding is a game-changer. -Your Own Private Sanctuary: Set on an unusually large, deep lot for the city, you'll love the lush, beautiful landscaping and fully fenced-in yard. An idyllic setting!

47 Benedict Street, Saratoga Springs

$445,000

4 Beds ⋅ 2 Baths ⋅ 202628279 MLS

Excellent Owner-Occupant or Investment Opportunity! Located just a few blocks from Broadway in the heart of Saratoga Springs, this two-family property offers two units, each featuring two bedrooms and a full bathroom. Additional highlights include a welcoming front porch, a nice backyard, and a detached one-car garage. Conveniently located near schools, recreation fields, shopping, and dining, this property offers a great opportunity to live in one unit while generating rental income or expand your investment portfolio.

90 Middle Avenue, Saratoga Springs

$1,475,000

4 Beds ⋅ 3 Baths ⋅ 202628245 MLS

Steps from downtown Saratoga Springs, this property offers convenient access to the city's restaurants, shops, entertainment, and vibrant downtown lifestyle. Create the setting that meets your needs best, in this beautifully updated, historic, downtown Saratoga Springs home. A place where timeless charm and character meet modern convenience. A single family home with an adjoining cottage, for your own use or other endless possibilities. Perhaps an income investment offering potential for a 3rd apt. The main home features a warm and inviting living room, a well-appointed kitchen, and an adjacent dining room perfect for everyday living and entertaining. The home features three fireplaces (currently not in use) adding to its historic appeal. A recently updated mudroom offers built-in cubbies for convenient storage. The spacious two-story family room opens directly onto a covered rear porch with built-in benches, creating an ideal setting for relaxing or entertaining. Step down into the generous yard, complete with a storage shed and plenty of room to enjoy the outdoors. An open third-floor attic, partially finished, provides flexible bonus space ready to become whatever you envision--a home office, studio, playroom, or additional living space. Adding even more versatility is the enchanting one-bedroom guest cottage, perfect for visiting family, a home office, studio, or rental income. With its separate character and charm, the cottage offers exciting possibilities for a variety of living arrangements. Parking for up to five cars adds another valuable convenience. With its historic character, generous outdoor spaces, guest cottage, and potential for up to three living units, this is an exceptional opportunity to create a truly distinctive property in one of Upstate New York's most sought-after regions. Taxes reflect a Veterans reduction. air bnb records available for review.

135 Grand Avenue, Saratoga Springs

$599,977

4 Beds ⋅ 1 Baths ⋅ 202627638 MLS

Sitting on a double-street parcel with frontage on both Marvin Street and McNulty Way, this in-town property presents one of the more compelling redevelopment and investment opportunities available in the city today. The lot's configuration and dual street access create a credible path toward subdivision -- with the potential to retain the existing income-producing structures on one portion while building new on the other, where the current pool sits. As it stands, the property includes a main residence and a detached guest house together delivering 4 bedrooms, 3 full baths, a 36x18 inground pool, solar panels, and a 1-car garage -- all within walking distance of Broadway, Congress Park, the Racetrack, SPAC, and Saratoga Spa State Park. The guest house has its own dedicated parking off McNulty Way, making the rental dynamic genuinely practical. The main house is older and will need attention -- the property is being sold as is and priced to reflect its current condition, including a foundation that will require evaluation. For the buyer who understands Saratoga's trajectory and is looking for meaningful upside in a market where move-in ready in-town properties command premium prices, the value here is in what this land can become. Dual street frontage. Subdivision potential. In-town Saratoga location. Opportunities with this combination are increasingly rare.

68 Marvin Street, Saratoga Springs

20 Lafayette Street, Saratoga Springs, Inside

$849,900

3 Beds ⋅ 3 Baths ⋅ 202626679 MLS

Own a piece of Saratoga history in a prime downtown location with the Kenyon Family Home established in 1847. Not only is it charming but it comes with the option of being a single-family home with 3 bedrooms, 2.5 baths or living upstairs and using the first-floor studio apartment, complete with kitchen, as an income-producing rental. This historic home was completely renovated eight years ago and maintains its original charm with beautiful, exposed brick interior walls and hardwood flooring throughout. Relax outdoors on the deck or patio with a fenced in yard. Enjoy everything Saratoga has to offer just steps from your front door.

20 Lafayette Street, Saratoga Springs, Inside

145 Church Street, Saratoga Springs, Inside

$775,000

3 Beds ⋅ 4 Baths ⋅ 202625313 MLS

Lovely Victorian Home in Downtown Saratoga Springs! In this Quality Home, Relax & settle back in this home for some easy in-town living. This unique property offers exceptional flexibility for investors, short-term rental operators, multi-generational living, or owner-occupants looking to offset expenses while enjoying everything downtown has to offer. Lovely entertaining spaces with open dining/living room w/custom gas fireplace. Sunny bow windows, 2 spa tubs (2 Central AC, 2 Furnaces, 2 Full kitchens & 2 laundries) Brick patio & large wrap around South facing sunny Saratoga Porch as a great party spot. Great alternative to a condo or townhome, with low maintenance and more privacy, and NO HOA or dues. But with the space available to invite guests in to stay comfort in their own private suites. Located just steps from shops, groceries, restaurants, nightlife, and the famed Saratoga Race Course, this home perfectly blends convenience, charm, and lifestyle. An official two-family home, the property is thoughtfully designed with connected living spaces that can function as one single family expansive residence or be separated due to two staircases. With the ability to be configured in up to four different ways, including two first-floor suites ideal for extended family or guests, the possibilities are truly endless. Whether you're seeking a strong income-producing property, a seasonal or long-term rental opportunity, or a home that allows you to live in one section while renting out the other, this Victorian delivers. Three off-street parking spaces add to the ease of downtown living, with additional street parking rarely an issue. Don't miss this rare opportunity to own a one-of-a-kind, dual-income property in one of Saratoga Springs' most desirable locations.

145 Church Street, Saratoga Springs, Inside

$1,575,000

7 Beds ⋅ 3 Baths ⋅ 202625181 MLS

Everything stays . From kayaks, paddle boards to fire pits and outdoor furniture. All cottages will be completely furnished. Welcome to Saratoga Lake Side Villas -- a rare turnkey investment opportunity on Saratoga Lake! This highly rated short-term rental property features three charming cottages, completely renovated and thoughtfully updated, offering an exceptional blend of comfort and character, Set along a peaceful stream bordering the property, the villas also offer 25 feet of direct Saratoga Lake frontage and a private 60-foot dock. Spend your days kayaking, paddle boarding, boating, or simply relaxing lakeside and taking in the beautiful views. Each cottage is being offered fully furnished and turnkey, including furniture, decor, and accessories, allowing a new owner to seamlessly continue the established short-term rental business. Invest in the lifestyle. Own the income. Enjoy Saratoga Lake..

728 Route 9P, Saratoga Springs

$695,000

5 Beds ⋅ 3 Baths ⋅ 202623980 MLS

Turnkey Two-Family Overlooking Broadway in Saratoga Springs! This historic two-family Saratoga Springs home offers terrific investment potential just steps off renowned Broadway. Built in 1898, it offers timeless Victorian charm and unmatched convenience to all the highlights of Saratoga! Whether you plan to rent short term or long, your tenants will appreciate the proximity to the area's most treasured downtown. Or, live in one unit yourself as these savvy sellers did and let the other unit cover your mortgage! Unit 1, 2nd Floor: 3BR, 2BA, w/ laundry and views of Broadway! Unit 2, 1st Floor: 2BR, 1BA with covered wrap-around porch, rear deck! Fenced backyard offers recreational use and full basement provides storage. This unique property sits just 2 lots from the intersection of Broadway and North Broadway, convenient to Skidmore College and everything downtown, popular for its seemingly unlimited dining options and retail shops. The famed Saratoga Racecourse and nearby Performing Arts Center bring visitors throughout the summer months as well. The property is inside the City of Saratoga Springs and the Saratoga Springs City School District and adjacent to the future Woodlawn Club, a new downtown elite social club, currently under construction. This period home has been lovingly maintained by its proud owners for more than 28 years as their home with occasional rentals. They're hopeful a new owner will continue to preserve this piece of Saratoga's history and take further advantage of its unbeatable location! Price Reduced for Quick Sale

17 Van Dam Street, Saratoga Springs

383 Church Street, Saratoga Springs, Inside

$899,900

2 Beds ⋅ 3 Baths ⋅ 202622398 MLS

Location. Location. Location. Remarkably visible. Surprisingly secluded. Prime redevelopment opportunity in one of Saratoga Springs' most visible gateway locations. This 0.46-acre site with 137 feet of frontage along the highly traveled Church Street (Route 9N) corridor offers exceptional exposure and outstanding potential. Ideally suited for commercial, mixed-use, medical, professional office, hospitality, or residential uses, subject to municipal approvals. Located just minutes from downtown Saratoga Springs, Saratoga Hospital, Skidmore College, and major residential communities, this property is positioned within an area experiencing continued growth and investment. An opportunity exists to acquire this property in conjunction with the adjoining property (MLS# 202620566), subject to the separate sale of each parcel, creating a larger assemblage with additional frontage and greater flexibility for future redevelopment. Don't miss this rare opportunity to invest in one of Saratoga Springs' evolving gateway corridors. The existing structure is offered as-is, allowing the next owner to determine the property's highest and best use.

383 Church Street, Saratoga Springs, Inside

$859,000

5 Beds ⋅ 3 Baths ⋅ 202615324 MLS

Come see this 3 unit building in an awesome location, just a couple blocks from Broadway, This property has all kinds of possibilities. Two apartments ( One 2BR and one 3BR) and a 700+- office/tailor shop in front. Reported income represents only the 3BR unit. Large .16 acre lot with plenty of off street parking, 2 sheds, fence and even a garden! The 2 apartments have recently been nicely renovated. With a variance, the tailor shop can be used as a professional office with a sign and off street parking! The lot goes all the way back to the alley, creating endless possibilities. Seller will entertain owner financing.

119 Church Street, Saratoga Springs

$775,000

5 Beds ⋅ 3 Baths ⋅ 202612741 MLS

Opportunity presents itself in a very well maintained multi family investment. Located a few blocks from Broadway, this 2 unit building is close to everything. Park one block away, Spacious 2 units with a 3 bedroom and 2 bedroom. Book a showing!

154 Washington Street, Saratoga Springs

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Saratoga Springs Multi-Family Properties for Sale

Newest Saratoga Springs Multi-Family Homes for Sale

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