149 Union Ave - Hospitality FOR SALE


Saratoga Springs, NY 12866
$1,700,000 USD
518-281-6808
149 Union Ave, Saratoga Springs, NY for Sale
$1,700,000 USD
Hospitality - FOR SALE
1/74
null | Request Cap Rate

149 Union Ave
Saratoga Springs, NY 12866


OVERVIEW

Set along prestigious Union Avenue, this is a rare opportunity to own on one of Saratoga's most iconic and storied corridors. Many are searching for the perfect Airbnb property in downtown Saratoga, and this presents an astonishing opportunity for the owner-investor. This remarkable historic home sits on the most iconic street, directly across from the famed Saratoga Race Course. Couple that with being only a few blocks from Congress Park and Broadway, and the location becomes truly unmatched. This is one of only nine homes that actually looks out over the racetrack property, directly across from the world-class Reading Room mansion. The updates -- from the dual kitchens and modern baths to the porches that grace the various suites -- make this one of the most standout vacation rental properties in the city. There is also the bonus of a finishable third floor of approximately 1,300 square feet, as well as a garage outbuilding with potential for a future apartment or owner's suite. There is ample on-site parking. Please note: the additional lot behind the property is not included in this offering but may be available separately for an additional price. I've seen most buildings in Saratoga, and this is a rare offering in this condition and location

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$334 USD /SF

# OF ROOMS

6

PRICE/ROOM

$283,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Six Sisters Bed & Breakfast

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

UR4

APN/PARCEL ID

411501-166-069-0003-016-000-0000

ASK ABOUT THIS PROPERTY

Scott VarleyThe Scott Varley Team / Keller WilliamsMore Info
518-281-6808

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Scott VarleyThe Scott Varley Team / Keller WilliamsMore Info
518-281-6808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.