1-3 Wells Street

Saratoga Springs, NY 12866

$949,000
Price
5
Beds
4
Baths
2,900 Sq. Ft.
$327 / Sq. Ft.
2,900
Sq. Ft.
$327
per Sq. Ft.

Description

This Handsome Historic, all brick, 3-Family is just 4 Blocks from vibrant downtown Saratoga. Great for investor, or OWNER OCCUPANT w/ appealing 3BR Townhome-Style unit offering spacious MBR/LR & DR, +2 Full Baths, W/D,+AC... BONUS-Live for LESS THAN most RENTs w/25% down loan! Recently renovated, in great condition, featuring nice hardwood Floors; each unit has own W/D & separate utilities; +two amazing 700SF Walk-Up Attics adding great architectural space w/high ceilings, for storage & significantly...This Handsome Historic, all brick, 3-Family is just 4 Blocks from vibrant downtown Saratoga. Great for investor, or OWNER OCCUPANT w/ appealing 3BR Townhome-Style unit offering spacious MBR/LR & DR, +2 Full Baths, W/D,+AC... BONUS-Live for LESS THAN most RENTs w/25% down loan! Recently renovated, in great condition, featuring nice hardwood Floors; each unit has own W/D & separate utilities; +two amazing 700SF Walk-Up Attics adding great architectural space w/high ceilings, for storage & significantly increasing income potential! Add the classic Saratoga front porch, 2 back entries, 2-3 Parking Spots +a cozy patio for grilling (1A). Good CAP RATE @~6.4; strong rental history w potentially even more income $$ via AirBnB & attic/s. Easy walk to Shops /Dining /Theaters /Skidmore & Hospital.
  1. Listed by MaryAnn Paratore • Howard Hanna

Property Details for 1-3 Wells Street

Architectural Style
Triplex
Zoning
Multi Residence
Waterfront
No
Parking Total
3.00
LISTING UPDATED: 12/19/2024 04:47 PM

Property Details for 1-3 Wells Street

StatusActive
MLS #202419464
Days on Market189
Taxes$7,232 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1901
Lot Size0.06 AC / 2,613 SF
CountySaratoga County

Building Information for 1-3 Wells Street

Stories-Residences-Year Built1901Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 1-3 Wells Street

Summary
Location and General Information
  • Postal City: Saratoga Springs
  • Directions: From Broadway go West on Church, turn right at the ''Y'' in the road Stoplight w VanDam, next Left on Wells - OR- take VanDam 6 blocks to Wells St, on Right. Brick Building is second on the left. ( 4-5 Blks to Broadway, 2.5 blocks to Hosp, Skidmore nearby.)
  • City: Saratoga Springs
  • State Or Province: NY
  • Postal Code: 12866
  • County Or Parish: Saratoga
  • Latitude: 43.09
  • Longitude: -73.79
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 52.000
  • Tax Block: 1
  • Parcel Number: 411501 165.50-1-52
  • Tax Tract: 165.50
  • Tax Annual Amount: $7,231.89
Parking
  • GarageSpaces: .00
  • Attached Garage: No
  • Parking Features: Off Street, Paved, Driveway
School Information
  • School District: Saratoga Springs
  • High School: Saratoga Springs
Property
Property and Assessments
  • Possession: Negotiable, At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Level, Road Frontage
  • Year Built: 1901
  • Lot Size Dimensions: apprx 50x50~ w Total SF at 2615SF
  • Above Grade Finished Area: 2900.0
  • Above Grade Finished Area Source: Estimated
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Other
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2613.6
Building Information
  • Living Area: 2900.0
Utilities
  • Water Source: Public
  • Utilities: Cable Available
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Heat: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 3
  • Separate Utilities : Number Of Separate Gas Meters: 3
Interior and Exterior Features
Exterior Features
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Window Features: Wood Frames, Blinds, Curtain Rods
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Other Structures: None
  • Exterior Features: None
  • Fencing: Privacy, Back Yard
  • Laundry Features: In Bathroom, Main Level
Interior Features
  • Interior Features: Solid Surface Counters, High Speed Internet, Walk-In Closet(s)
  • Heating: Forced Air, Natural Gas
  • Roof: Asphalt
  • Flooring: Tile, Carpet, Hardwood, Laminate
  • Electric: Circuit Breakers
  • Basement: Full, Interior Entry, Unfinished
  • Construction Materials: Brick
  • Cooling: Central Air, Window Unit(s)
  • Door Features: ENERGY STAR Qualified Doors
  • Foundation Details: Stone
  • Cooling: Yes
  • Heating: Yes
  • Attic Features : Floored: Yes
  • Attic Features : Full: Yes
  • Attic Features : Storage: Yes
  • Attic Features : Walk-Up: Yes
  • Attic Features : Windows: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 4
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Notational: 4.00
  • Bedrooms Total: 5
  • Bathrooms Full: 4
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Unit Information : Number Of Air Conditoners: 3
  • Unit Information : Number Of Dishwashers: 3
  • Unit Information : Number Of Dryers: 3
  • Unit Information : Number Of Refrigerators: 3
  • Unit Information : Number Of Stoves: 3
  • Unit Information : Number Of Washers: 3
Income & Expenses Information
  • Income And Expenses : Rental Income: $6,075.00
  • Income And Expenses : Rental Income Description: Monthly
  • Income And Expenses : Electric Expense Description: Tenant
  • Income And Expenses : Gas Expense Description: Tenant
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 1
  • Unit Detail : Total Full Baths: 1
  • Unit Dining Room Type : Combined DRLR: Yes
  • Unit Appliances : Dishwasher: Yes
  • Unit Appliances : Dryer: Yes
  • Unit Appliances : Microwave: Yes
  • Unit Appliances : Range: Yes
  • Unit Appliances : Washer: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
  • Unit Amenities : Cable Available: Yes
  • Unit Amenities : High Speed Internet: Yes
  • Unit Amenities : Walk-In Closet(s): Yes
  • Unit Owner Furnish Features : Maintenance Grounds: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dishwasher: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Other: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
Unit 2
  • Rent: $1,615.00
  • Unit Owner Furnish Features : Maintenance Grounds: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dishwasher: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Other: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
  • Unit Detail : Total Bedrooms: 1
  • Unit Detail : Total Full Baths: 1
  • Unit Dining Room Type : Combined DRLR: Yes
  • Unit Dining Room Type : Dining Area: Yes
  • Unit Appliances : Dishwasher: Yes
  • Unit Appliances : Dryer: Yes
  • Unit Appliances : Microwave: Yes
  • Unit Appliances : Range: Yes
  • Unit Appliances : Washer: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
  • Unit Amenities : Cable Available: Yes
  • Unit Amenities : High Speed Internet: Yes
Unit 3
  • Rent: $2,850.00
  • Unit Owner Furnish Features : Maintenance Grounds: Yes
  • Unit Owner Furnish Features : Parking: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dining Room: Yes
  • Unit Includes : Dishwasher: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Other: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Storage: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
  • Unit Detail : Total Bedrooms: 3
  • Unit Detail : Total Full Baths: 2
  • Unit Amenities : Cable Available: Yes
  • Unit Amenities : Ceramic Tile: Yes
  • Unit Amenities : High Speed Internet: Yes
  • Unit Amenities : Walk-In Closet(s): Yes
  • Unit Dining Room Type : Formal Dining Room: Yes
  • Unit Appliances : Dishwasher: Yes
  • Unit Appliances : Dryer: Yes
  • Unit Appliances : Microwave: Yes
  • Unit Appliances : Range: Yes
  • Unit Appliances : Washer: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
Unit 4
  • Unit Owner Furnish Features : Parking: Yes
  • Unit Includes : Storage: Yes
Rental
Rental Information
  • Land Lease: No
  • Tenant Pays: Trash Collection, Hot Water, Heat, Internet, Cable TV, Electricity, Gas
  • Owner Pays: Water, Grounds Care

Property History for 1-3 Wells Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1-3 Wells Street

This home is within Saratoga Springs City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 6 to 12
Rating
School
Distance
Lake Avenue Elementary School
PublicK to 5

Maple Avenue Middle School
Public6 to 8

Saratoga Springs High School
Public9 to 12

Saratoga Central Catholic
Private6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1-3 Wells Street is a multi-family home for sale in Saratoga Springs, NY 12866. This property was listed for sale on June 14, 2024 by Howard Hanna, it's currently listed at $949,000. This listing's school district is Saratoga Springs City School District. Nearby schools include Lake Avenue Elementary School, Maple Avenue Middle School and Saratoga Springs High School. 1-3 Wells Street is a 5-bed, 4-bath, 2,900 sqft multi-family home built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna

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