Bought with Jessica Dufek • Dufek Real Estate Group, LLC
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Key Details
Sold Price $520,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,808 sqft
Price per Sqft $185
MLS Listing ID 202527946
Year Built 1929
Annual Tax Amount $9,756
Lot Size 2,613 Sqft
Property Sub-Type Mixed Use
Property Description
Ideally located in the business district of the Village of Ballston Spa, this commercial building is one of two buildings being offered for sale by this owner. Both are in excellent condition and offer a rare turn-key opportunity for investors or owner-occupants. This property at 22 Washington St features (2) first floor office/retail spaces with private entrances & individual bathrooms plus (2) large (1) bedroom apartments upstairs. Total rental income for this building is $53,700 annually and it is fully rented. One commercial tenant is vacating. The owner has another tenant who wants to rent the space or it can remain vacant for the new owner. Expenses are $13,290 annually. Utilities (except for water & sewer) are paid by the tenants. No off street parking. Located across from the Speckled Pig, this is a popular location with many shops & eateries close by. This property presents a strong and flexible investment opportunity in a vibrant and growing community. Also available for sale - 20 Washington, directly next door, with 10 additional fully rented commercial spaces. MLS# 202527945
Location
State NY
County Saratoga
Zoning Commercial
Interior
Heating Forced Air, Natural Gas
Exterior
Parking Features On Street
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Ballston Spa
Others
Special Listing Condition Standard
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Erin Steinbach
Lic. Associate R. E. Broker | License ID: 10301217507
Lic. Associate R. E. Broker License ID: 10301217507



