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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 Market2 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
      2 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
        1 day 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
        2 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

      CallEmail
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