This terrific investment opportunity is situated on an oversized lot in Saratoga’s Arts District and convenient to all things Downtown Saratoga Springs. The duplex was recently updated throughout and is ready to be rented! Savvy investors will appreciate the turnkey condition eliminating the need for any initial improvements. Owner-occupant buyers will see the value in choosing which level works best and renting the other to build equity quickly. Whether you plan to rent by the night, week, season or year, your tenants will appreciate the proximity to the area’s most treasured downtown.
Unit 1: 2BR, 1BA, First Floor: Directly up the front porch steps you’ll find the private door on right to unit one. Inside you’ll walk into the open great room with spacious living room featuring new luxury vinyl flooring, updated trim, paint and light fixtures. The open eat-in kitchen was refreshed with new cabinetry, quartz countertops, open shelving and a Samsung appliance suite including refrigerator, dishwasher, electric range and microwave. There’s space for a dining area or to add an island, if preferred. The large pantry provides terrific storage.
There are two bedrooms off the living space each large enough to hold a king-sized bed with walk-in closets and they have new luxury vinyl flooring. They share a full bathroom with tub/shower combination, updated vanity and fixtures. A washer/dryer is included as well.
Unit 2: 2BR, 1BA, Second Floor: The private door on left leads to an interior staircase to unit two. Upon entering you’ll find a coat closet and enter the open great room with spacious living room featuring new luxury vinyl flooring, updated trim, paint and light fixtures. The open eat-in kitchen was refreshed with painted cabinetry, laminate countertops, open shelving and a Frigidaire stainless steel appliance suite including refrigerator, dishwasher, electric range and microwave. There’s a large island for additional storage and space for stools for dining.
There are two bedrooms off the living space each large enough to hold a king-sized bed with walk-in closets and new luxury vinyl flooring. They share a full bathroom with tub/shower combination, updated vanity and fixtures. A washer/dryer is included as well.
Basement & Mechanicals: There is a partial basement under the home with an exterior entrance, perfect for investors. Each unit has a Rheem gas water heater and is heated by its own Lenox natural-gas fired furnace has a brand-new a/c condenser. Unit 1 has its own 150-amp electric panel and upstairs Unit 2 has a 100-amp panel. There are separate gas and electric meters, and the building is connected to public water/sewer.
Location: This unique property sits at the quiet end of popular Beekman Street in the city’s Arts District which offers several eateries. Just 4-5 blocks from Broadway, tenants will love this location to take advantage of the town’s seemingly unlimited dining options and retail shops. The property is also convenient to Skidmore College and of course the famed Saratoga Racecourse and nearby Performing Arts Center bring visitors throughout the summer months. The property is inside the City of Saratoga Springs and the Saratoga Springs City School District. The large lot offers a terrific yard and may hold potential for further expansion. Talk with the building department for details.
If you’ve been considering an investment property this turnkey option just might be the one!
Schedule your private showing today!
