460 COLD SPRING Road
Saratoga Springs, NY 12866
Investors & Builders Take Notice – Rare Multi Family & 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 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)
Gallery
details
- Area (SqFt)
- 4738
- Bedrooms
- 22
- Bathrooms
- 12.5
- Car Garage
- 4
- County
- Saratoga
- Price
- $3,750,000
- Buyer Brokerage Compensation:
- 2%
- MLS #
- 202613597
- Roof:
- Asphalt
- Cooling:
- None
- Style:
- Other
- Flooring:
- Carpet, Hardwood, Laminate, Linoleum
- Heating:
- Electric, Propane
- Lot Description:
- Road Frontage, Irregular Lot
- Unit #1 Features:
- Unit Location- 184
Lease Term- Month To Month
Unit 1 Includes: Bathroom; Kitchen; Refrigerator
Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water - Unit #2 Features:
- Unit Location- 186
Lease Term- Month To Month
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator
Owner Furnish Features: Maintenance Grounds; Trash; Water - Unit #3 Features:
- Unit Location- 188
Lease Term- Month To Month
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator
Owner Furnish Features: Maintenance Grounds; Management; Snow Removal; Water - Unit #4 Features:
- Unit Location- 190
Lease Term- Month To Month
Unit 4 Includes: Bathroom; Kitchen; Living Room
Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water - Unit #5 Features:
- Unit Location- 192
Lease Term- Month To Month
Owner Furnish Features: Maintenance Grounds; Snow Removal; Trash; Water - Unit #6 Features:
- Unit Location- 590
Lease Term- Month To Month
Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water - Unit #7 Features:
- Unit Location- 460-1
Lease Term- Month To Month
Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
- Unit #8 Features:
- Unit Location- 460-2
Lease Term- Month To Month
Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water - Exterior Features:
- None
- Water:
- Other
- Sewer:
- Public
- Lot Size Area:
- 21.3
- Construction:
- Other
- Lot Size Area Units:
- Acres
- Type:
- MLF
- Garage Spaces:
- 4
- Acres:
- 21.3
- Sub Type Text:
- Multi Family
- Separate Utilities:
- Electricity
- School District:
- Stillwater
- Estimated Taxes:
- $16,005.32
- Year Built:
- 1970
Property Location
Property agent
Licensed Associate Real Estate Broker - Residential and Commercial
See my ListingsAs a seasoned real estate professional, Charlie recognizes and values the trust his clients place in him and strives every day to exceed their expectations. Honesty and integrity, along with determination and dedication, are philosophies that Charlie strives for in all aspects of his life. Applying these principles to his business has allowed him to be a top producing Real Estate Associate Broker, consistently ranking him in the top 1% of the Capital District. He ensures that all objectives & expectations are exceeded with unparalleled client services and proven marketing strategies. Charlie resides in Saratoga Springs with his wife, Lynne, & their three children.