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Sold · May 2026 · $1,425,000
This home has closed. Own one like it? Sharon will tell you what it is worth today from real comparable sales, not an algorithm. Similar homes still for sale are further down the page.
Sold
Sold · May 2026 · $1,425,000
This home has closed. Own one like it? Sharon will tell you what it is worth today from real comparable sales, not an algorithm. Similar homes still for sale are further down the page.
$1,425,000
58 Lincoln Avenue
Saratoga Springs, NY 12866 · Saratoga County
8Beds
6.5Baths
3,549Sq Ft
0.15acres lot
1900Year Built
$402Per Sq Ft
MLS# 202611669
May be out of date. This listing was last updated 4 months ago. Confirm availability with Sharon before scheduling.
About this property
Prime turnkey multifamily investment at 58 Lincoln Avenue, Saratoga Springs, NY 12866 - just steps from Broadway, SPAC, and the iconic Saratoga Race Track. This 5-unit property (built 1900, fully revitalized top-to-bottom in the past 2 years) delivers immediate, hassle-free cash flow with 100% occupancy and no deferred maintenance. Ideal for 1031 exchange investors or local portfolio builders seeking rock-solid, low-operational-demand ownership in one of New York's most resilient markets. Key Highlights: Stabilized Income: Current monthly gross rents $9,750. Normalized annual operating income: $118,200. Strong NOI: Annualized Net Operating Income $91,571. Recent Renovations (Past 2 Years): New roof, siding, parking lot/driveway, landscaping, HVAC systems, electrical/plumbing/lighting fixtures, refinished hardwood floors, fresh paint, all-new kitchens (quartz counters, stainless appliances, cabinets), all-new bathrooms (tile, vanities, fixtures), in-unit laundry, and more - literally everything updated for modern, worry-free operation. Unit Mix: Mix of 2-bed/1-2 bath and studio units with in-unit laundry and off-street parking - high tenant appeal in a tourism/healthcare/tech-driven area. Market Strength: Saratoga Springs enjoys steady rent growth, low multifamily vacancies (regional ~2-5%), and strong demand from seasonal events, downtown vibrancy, and Capital Region job growth. https://turnkey58lincoln.lovable.app
Property details
21 facts pulled straight from the MLS listing.
Overview
Property TypeMulti-Family
Sub-TypeMulti Family
Year Built1900
Days on Market89
StatusSold
MLS Number202611669
ListedFebruary 6, 2026
Interior
Bedrooms8
Bathrooms6 full, 1 half
Living Area3,549 sq ft
Exterior & Lot
Lot Size0.15 acres
Exterior Features
Garden
Building & Construction
Construction
Vinyl Siding
Financial
Sold Price$1,425,000
Originally Listed$1,425,000
Price per Sq Ft$402
Location
CountySaratoga
School DistrictSaratoga Springs
Listing Details
Listed ByBrian Green of eXp Realty
Data SourceSpark Platform / Global MLS
Last UpdatedMay 9, 2026
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- Start58 Lincoln Avenue, Saratoga Springs, NY 12866
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Schools
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Saratoga Springs
Assigned school district
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About Saratoga Springs, NY
Saratoga Springs is in Saratoga County, NY. There are currently 195 active listings here, ranging from $14,000 to $6,700,000. Listings in this address fall under the Saratoga Springs school district.
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eXp Realty · Listed by Brian Green (35575)
Contact: 518-810-2895
MLS #202611669 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
