Mechanicville, NY 12118 · Saratoga County

This 3,740-square-foot multi-family property in Mechanicville combines four residential units with substantial commercial space, making it suited for investors or owner-operators seeking income diversification. The residential side includes two 2-bedroom and two 1-bedroom apartments. Built in 1900 on a quarter-acre lot, the building sits in Mechanicville, New York's smallest city by area, where a walkable downtown anchors a working riverfront and a historic railroad legacy. Utilities include natural gas and electric service, with an unfinished basement and no HOA.
Prime Multi-Use Investment Opportunity in Mechanicville, NY! Discover the possibilities with this versatile 4-unit multi-use property in a great Mechanicville location, offering a unique combination of residential income and expansive commercial space. The residential portion features 4 units, including two 2-bedroom apartments and two 1-bedroom apartments, providing a desirable mix for tenants and strong rental potential. Adding to the appeal is a large commercial space offering excellent flexibility for a variety of business uses. Whether you're an investor looking to expand your portfolio, an owner-occupant seeking additional income, or an entrepreneur looking for a property with room to operate and grow, this property offers plenty of opportunity. Conveniently located in Mechanicville, NY, with access to local businesses, shopping, dining, transportation, and surrounding Capital Region communities. The combination of multiple residential units and substantial commercial space makes this a property worth exploring. Bring your vision and take advantage of the possibilities this unique multi-use property has to offer!
The price signals we can read on this listing today. For a true sense of value against recent Mechanicville sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
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The price signals we can read on this listing today. For a true sense of value against recent Mechanicville sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsTax estimated at the Saratoga County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Mechanicville is in Saratoga County, NY. There are currently 28 active listings here, ranging from $120,000 to $3,550,000. Listings in this address fall under the Mechanicville school district. Priced 7% above the Mechanicville median of $535,000.
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Premier Homes Elite Realty LLC · Listed by Chrystal Chadwick (23820)
Contact: 518-289-1042
MLS #202626492 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.





Every change captured by Global MLS since this listing went live.
Public assessment record for the Mechanicville roll · Mechanicville school district · Downtown Row Type (detached)
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $351,700 | $351,700 | -7.6% |
| 2024 | $335,000 | $380,682 | +5.7% |
| 2023 | $335,000 | $360,215 | +7.5% |
| 2022 | $335,000 | $335,000 | -7.0% |
| 2021 | $335,000 | $360,215 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-18. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.