460 Cold Spring, Call Listing Agent, NY 12866

$2,990,000

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List Price
$2,990,000
Price Change
▼ $260,000 1792201431
Days on Market
21
MLS#
1060996
Status
ACTIVE
Property Type
Quadruplex
Year Built
1970
Property Tax
$16,005
Neighborhood
Call Listing Agent
School District
Saratoga Springs
High School
Saratoga Springs High School
Jr. High
Maple Avenue Middle School
Elementary School
Caroline Street Elementary School

Property Description

Investors & Builders Take Notice - Rare Multifamily & Development Opportunity. Exceptional opportunity to acquire a multifamily investment spanning over 21 acres, featuring 8 structures with significant upside. More than half of the property offers additional residential development potential. Ideally located just minutes from Brown's Beach, a short distance to I-87 Exit 12 and I-87 Exit 13, and in close proximity to a local Technology Park, providing strong appeal for workforce housing and potential for long-term growth. Situated within the Stillwater Central School District.SLZ-1 Zoning allows for a range of uses, including residential development (single-family and two-family homes), as well as commercial opportunities such as a restaurant or bed & breakfast with a Special Use Permit (SUP). This offering includes four separate deeds being sold as a package and must be purchased together. Addresses include: 184, 186, 188, 190 & 192 Didonna Lane, and 460 Cold Spring Road. At 460 Cold Spring Road, the first three trailers are owned by the seller, while the remaining 3 operate on land leases, offering a mix of income streams. Municipal water and sewer are available at the road Parcels SBL #'s 218.20-2-29 (7.48 Acres), 218.20-2-30 (.08 Acres), 230.-1-11 (21.20 Acres) and 230.1-83 (.02 Acres)

Additional Information

Parking
Off Street
Heating
Electric, Propane
Cooling
None
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Julie A. Bonacio (julie@bonacio.com) from Listing Office: Julie & Co. Realty LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.