116 Nys Rt 32, Saratoga, NY 12871

bedrooms 4
bathrooms 4
|Townhouse
THB ฿25,249,341
USD $730,000
Published on: 19 Jul 2024
Last updated on: 02 Jan 2025
116 Nys Rt 32, Saratoga, NY 12871
116 Nys Rt 32, Saratoga, NY 12871
116 Nys Rt 32, Saratoga, NY 12871
+61
116 Nys Rt 32, Saratoga, NY 12871
  • 61
Property ID: 110093332190
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Quadruplex - Saratoga, NY

116 Nys Rt 32, Saratoga, NY 12871
This remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful, partially furnished farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and one owner owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District,' encouraging higher density development and increasing its overall potential.Please go to the ''Supplemental'' section of the MLS for additional details and information on AirBnB listings.Please see video for drone footage and virtual tour. The Farmhouse at Saratoga OverviewThis remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful, partially furnished farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and one owner owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District,' encouraging higher density development and increasing its overall potential.FarmhouseThe farmhouse spans approximately 3,484 square feet, blending historic charm with modern updates including new plumbing and electrical systems. It is divided into four 1-bed/1-bath units. Two units have been beautifully renovated, are tastefully furnished with quality furnishings, and are fully active on Airbnb demonstrating strong occupancy during peak summer and off-season periods. The remaining two units are approximately 70% finished, offering a prime opportunity for personal customization or completion to double rental income from the farmhouse. To view the AirBnB listings, search "Farmhouse at Saratoga - H2 - AirBnB" and "Farmhouse at Saratoga - H1 - Vintage - AirBnB" on AirBnB. Mobile Home ParkThe Mobile Home Park sits on just under 2 acres and is comprised of 6 pads, with five currently occupied and one vacant. One mobile home is owned by the park owner, while the remaining four occupied pads are owned by residents, with an onsite Park Manager residing in the owner's mobile home.Under current ownership, rents have remained unchanged and are significantly below market rates, presenting a clear opportunity for additional income. The park is grandfathered in so can remain as such, or be transitioned to other single or multi-family scenarios.  Vintage Red Barn There is a large onsite 1800s barn, approximately 33ft x 60ft, with 3 bays on the main floor and a second-floor loft believed to have been an old 'millhouse.' This unique and versatile structure offers numerous possibilities for traditional horse/ animal sheltering, storage, workshop, arts and craft studio and/or other creative endeavors. Village Extension District (VED) This property is extremely unique in that it has 740 feet of road frontage and associated land sits inside the Village Extension District which provides opportunity to build multi-family units depending on configuration. Farmland The property offers many opportunities to enjoy the vast acreage including approximately 12 acres of tillable farmland, waterfront on the Fish Creek and back country for hiking and/or hunting.

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
648,711.69 m2
Building Size
323.67 m2
Year Built
1950
Rooms
4 bedroom(s), 4 bathroom(s)
Architecture Style
Other
County
Saratoga
Parcel ID
415089 169.-2-14.1
Provider
Global MLS, Inc.
Brokerage Office Name
Principles Realty Group
Brokerage Office Phone
(518) 330-3160
Address
116 Nys Rt 32, Saratoga, NY 12871

Nearby Schools

TypeSchool nameDistrict name
HighSchuylervilleNot available
Not availableNot availableNot available
ElementarySchuylervilleNot available
Not availableNot availableNot available
Contact Agent
Jerid Meagan
Principles Realty Group
2 Progress Dr #4595, Clifton Park, NY 12065
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Jerid Meagan
2 Progress Dr #4595, Clifton Park, NY 12065
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      Property ID: 110093332190

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