460 Cold Spring Road, Saratoga Springs, NY 12866

New - 47 Hours Ago
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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 GlobalFoundries, providing strong appeal for workforce housing and potential for long-term growth. Situated within the Stillwater Central School District. 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 roadParcels 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)

460 Cold Spring Road | MLS# 202613597

This multi-family property located at 460 Cold Spring Road, Saratoga Springs, NY 12866 is currently listed for sale with an asking price of $3,750,000. Cold Spring Road is located within the Stillwater school district. Search Saratoga Springs real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Other
Cooling: None
Garage: 4
Heating: Electric, Propane
Home Style: Other
Lot Size: 21.30 Acres
Roof Type: Asphalt
Taxes: $16,005
Year Built: 1970

Feature Descriptions

Days on Site: 1
Exterior: Other
Exterior: None
Flooring: Carpet, Hardwood, Laminate, Linoleum
Lot: Road Frontage, Irregular Lot
Parcel #: 415289 230.-1-11
Parking: Off Street, Driveway
Parking Total: 15
Parking Total: 15
Sewer: Public Sewer
SQFT Above Grade Finished: 4738
Water: Other

Local Schools

High School: Stillwater
Elementary School: Stillwater
School District: Stillwater

Estimate Your Payment

Estimated Payment

$ 10,773.37 per month $8,345.87 Principal & Interest $1,333.75 Property Tax $1,093.75 Homeowner's Insurance

Change Payment Information

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years/fixed
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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Julie & Co Realty LLC
Agency Phone: 1 518-350-7653

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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