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Property at 328 Milton Avenue, Ballston Spa, NY 12020
ACTIVE
0
$715,000

328 Milton AvenueBallston Spa, NY, 12020

9 Beds7 Baths4,506 SqFt0.2 Acres
Rare 7-Unit investment gem in the heart of Ballston Spa. Discover a turnkey addition to your portfolio with this exceptional 7-unit multi-family property, perfectly positioned in the vibrant and historic village of Ballston Spa. Located within easy walking distance to local boutiques, popular eateries, and village festivals. The building features a high-demand unit mix consisting of five spacious 1-bedroom apartments and two 2-bedroom units, producing a strong immediate cash flow with a monthly gross income of $8,630. Rest easy knowing the heavy lifting has been completed through substantial renovations over the last several years. Major infrastructure upgrades include a full electrical system overhaul, extensive plumbing updates, a new Navien high-efficiency boiler, and a power-vented hot water heater. The building's efficiency has been further enhanced with comprehensive insulation, air sealing, and a flat roof replacement. Beyond the mechanicals, the property shines with renovated apartments, a coin-op laundry room, and upgraded front porch. The exterior boasts excellent curb appeal with updated walkways, a charming patio, and off-street parking. A garage on-site provides additional flexibility for one-car parking or potential additional income for tenant storge. A complete list of renovations and financial documents are available for review. Please note that showing times are restricted to respect tenant privacy. Don't miss this rare opportunity to own a high-performing asset in one of Saratoga County's most desirable rental markets. Parking lot for 4 cars to the right of property, 2 more cars to the left. Priced to sell, serious investors only.
1 / 69

Est. Monthly

$3,389/MO

$715,000

328 Milton Avenue, Ballston Spa, NY

9 Beds7 Baths4,506 SqFt0.2 Acres

Rare 7-Unit investment gem in the heart of Ballston Spa. Discover a turnkey addition to your portfolio with this exceptional 7-unit multi-family property, perfectly positioned in the vibrant and historic village of Ballston Spa. Located within easy walking distance to local boutiques, popular eateries, and village festivals. The building features a high-demand unit mix consisting of five spacious 1-bedroom apartments and two 2-bedroom units, producing a strong immediate cash flow with a monthly gross income of $8,630. Rest easy knowing the heavy lifting has been completed through substantial renovations over the last several years. Major infrastructure upgrades include a full electrical system overhaul, extensive plumbing updates, a new Navien high-efficiency boiler, and a power-vented hot water heater. The building's efficiency has been further enhanced with comprehensive insulation, air sealing, and a flat roof replacement. Beyond the mechanicals, the property shines with renovated apartments, a coin-op laundry room, and upgraded front porch. The exterior boasts excellent curb appeal with updated walkways, a charming patio, and off-street parking. A garage on-site provides additional flexibility for one-car parking or potential additional income for tenant storge. A complete list of renovations and financial documents are available for review. Please note that showing times are restricted to respect tenant privacy. Don't miss this rare opportunity to own a high-performing asset in one of Saratoga County's most desirable rental markets. Parking lot for 4 cars to the right of property, 2 more cars to the left. Priced to sell, serious investors only.

StatusActive
Property TypeMulti Family
Property SubtypeMulti Family
Year Built1890
Days on Market23 days

Est. Monthly Payment

$3,389.08

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

328 Milton Avenue

Ballston Spa, NY 12020 • Saratoga
9
Beds
7
Baths
4,506
SqFt
0.2
Acres
Status
Active
Property Type
Multi Family
Property Subtype
Multi Family
Year Built
1890136 years ago
Days on Market
23 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $12,200
  • School Taxes
    $7,219
  • Town/County Taxes
    $3,347
Property History
  • Listed for sale
    May 7, 2026 • GLOBAL MLS • 202616647
    $715,000
Mortgage Calculator
Estimated monthly payment for this property
$3,389.08
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    Global MLS
  • MLS#
    202616647
  • Listing Office
    High Rock Realty
  • Last Updated
    21 days ago

Climate & Systems

  • Heating
    Baseboard

Interior Features

  • Flooring
    • Laminate
    • Hardwood
    • Vinyl
  • Basement
    Partial
  • Interior Features
    High Speed Internet

Parking

  • Parking Features
    • Off Street
    • Stone
    • Garage
  • Parking Spaces
    6
  • Garage Spaces
    1

Lot & Grounds

  • Lot Size
    0.2 acres
  • View
    Downtown
  • Patio & Porch
    Front Porch
  • Exterior Features
    None

Type

  • Property Type
    Multi Family
  • Property Subtype
    Multi Family
  • Architectural Style
    Apartment 4 Plus Unit

Structure

  • Construction
    Aluminum Siding
  • Roof
    • Rubber
    • Shingle
    • Asphalt
  • Foundation
    Stone

Condition

  • Year Built
    1890
  • Days on Market
    23 days
  • Water
    Public
  • Sewer
    Public Sewer
  • Electric
    200+ Amp Service

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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