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Mechanicville, NY 12118 · Saratoga County
Turn Key Investment! Fully occupied. The old Saint Paul's building, converted into 15 High end apartments in late 2020. Combinding the elegance of the 1920's with the style and comforts of the 21st century. Owner is the builder and can answer any questions. All new windows, doors, roof & Mechanicals. The Building was set up like a hotel with lots of common space, including: a lounge, banquet space, prep kitchen, rooftop terrace, private outdoor patios, gym, (2)offices, 12 storage units & room to add 4 more apartments, as well as plenty of off street parking. Each Unit runs independently, having their own electric, furnace & h2o heater. As well as washer and dryer, wifi thermostats, granite, SS appliances & much more. With a Cap Rate of nearly 9% it will not last long. CALL TODAY! This building is NOT in foreclosure.
Mechanicville is in Saratoga County, NY. There are currently 20 active listings here, ranging from $85,000 to $3,499,000. Listings in this address fall under the Mechanicville school district. Priced 724% above the Mechanicville median of $424,389.
See Sharon's Mechanicville community guide26 facts about this property
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Red Door Realty NY Inc · Listed by Joseph I Starr (3913)
Contact: 518-727-6333
MLS #202521145 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.
Activity across 4 MLS listings of this property.
