328 Milton Avenue Ballston Spa, NY $ 715,000
328 Milton Avenue
$ 715,000
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328 Milton Avenue

Ballston Spa, NY, 12020
$ 715,000
Bedrooms9 Baths7.0 Sq 4,506

Monthly Estimate*

$ 4,402

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Multi-Family Home for sale in Ballston Spa, NY

for $715,000 with 9 bedrooms and 7 full baths. This 4,506 square foot home was built in 1890 on a lot size of 0.2.

Rare 7-Unit investment gem in the heart of Ballston Spa. Discover a turnkey addition to your portfolio with this exceptional 7-unit multi-family property, perfectly positioned in the vibrant and historic village of Ballston Spa. Located within easy walking distance to local boutiques, popular eateries, and village festivals. The building features a high-demand unit mix consisting of five spacious 1-bedroom apartments and two 2-bedroom units, producing a strong immediate cash flow with a monthly gross income of $8,630. Rest easy knowing the heavy lifting has been completed through substantial renovations over the last several years. Major infrastructure upgrades include a full electrical system overhaul, extensive plumbing updates, a new Navien high-efficiency boiler, and a power-vented hot water heater. The building's efficiency has been further enhanced with comprehensive insulation, air sealing, and a flat roof replacement. Beyond the mechanicals, the property shines with renovated apartments, a coin-op laundry room, and upgraded front porch. The exterior boasts excellent curb appeal with updated walkways, a charming patio, and off-street parking. A garage on-site provides additional flexibility for one-car parking or potential additional income for tenant storge. A complete list of renovations and financial documents are available for review. Please note that showing times are restricted to respect tenant privacy. Don't miss this rare opportunity to own a high-performing asset in one of Saratoga County's most desirable rental markets. Parking lot for 4 cars to the right of property, 2 more cars to the left. Priced to sell, serious investors only.

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Multi-Family Active

Price

$ 715,000

Bedrooms

9

Full Bath

7

Property Type

Multi-Family

Taxes

$ 12,200

Style

Apartment 4 Plus Unit

Lot Size

0.2

Year Built

1890

Town/City

Ballston Spa

County/Region

Saratoga

MLS | Web ID

202616647

Features
Interior
Interior Amenities High Speed Internet
Basement Partial
Flooring Vinyl Hardwood Laminate
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 4506.0
Half Baths 0
Total Bedrooms 9
Below Grade Finished Area 0.0
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Total Baths 7
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General
Sewer Public Sewer
Heating Baseboard Natural Gas
Possession At Closing
Roof Rubber Shingle Asphalt
Zoning Commercial
Garage Spaces 1.0
Patio/Porch Features Front Porch
Architectural Style Apartment 4 Plus Unit
Security Features Carbon Monoxide Detector(s)
Construction Materials Aluminum Siding
Year Built 1890
Electric 200+ Amp Service
Tenant Pays Internet Cable TV
View Downtown
Property Subtype Multi Family
County Saratoga
Insurance Expense 3700.0
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Other Structures Garage(s)
Full Baths 7
Status Active
Directions Milton Avenue (Route 50) in the village of Ballston Spa directly across from Firehouse.
High School Ballston Spa
City Ballston Spa
High School District Ballston Spa
Number Of Units Total 7
Lot Size Units Acres
Lot Size Square Feet 8712.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 12200.0
Electric Expense 4263.0
Home Warranty Y/N N
Fuel Expense 4263.0
Water Sewer Expense 476.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 345000
Tax Lot 1.000
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Exterior
Exterior Amenities None
Parking Features Off Street Stone Garage
Water Source Public
Total Parking 6.0
Lot Size Area 0.2
Foundation Details Stone
Spa N
Lot Dimensions 94.58 x 105
Lot Size Acres 0.2
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 328
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* Excluded Features
List By
Daniel Munn

Listing Agent

High Rock Realty

Broker

(518) 281-4113

Phone

dmunn@highrocksells.com

Email

Affordability Calculator

$5,419
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,402
Monthly Property Taxes
$1,017
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853202 Elementary School
853254 Middle School
Ballston Spa High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$715,000 Listed Price

Map


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328 Milton Avenue, Ballston Spa, NY, 12020 is a Multi-Family Home for sale at $715,000 with 4,506 sqft and a lot size of 0.2. 328 Milton Avenue has 9 bedrooms, 7.0 baths, and was built in 1890. The property's zip code is 12020 which is in Ballston Spa, NY