Residential Income Property with
68 Marvin Street Saratoga Springs, NY 12866
68 Marvin Street, Saratoga Springs, NY, 12866
$599,977
For Sale
$599,977
MULTI_FAMILY - Other - Saratoga Springs, NY
Property Size1,504 SF
Lot Size0.41 Acres
Price / SF$398.92
Days on Market16
Property Features for 68 Marvin Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3
- Parking
- 5
- Parking features
- Driveway, Garage
- Patio and Porch features
- Deck, Porch
- Fencing
- Privacy, Fenced
- Basement
- Full, Unfinished
- Standard status
- Active
- APN
- 165.57-2-6
- Size
- 1,504 SF
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7989
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1885
- Number of units
- 2
- Flooring type
- Vinyl, Wood
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
- Architectural style
- Other
Listing Agency
KW Platform
(518) 281-6808
382 Broadway, Latham, NY
Listed by
Scott P Varley · License #30VA0727304
(518) 281-6808
Added: Jul 2 Checked: Jul 17 at 6:06 pm
MLS# 202620907
Listing URL
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This in-town residential income property sits on a double-street parcel and includes a main residence plus a detached guest house. Together, the homes provide 4 bedrooms and 3 full baths, with a 36x18 inground pool, solar panels, and a 1-car garage. The guest house has dedicated parking off McNulty Way, supporting practical day-to-day rental use.
The property offers frontage on both Marvin Street and McNulty Way, with dual street access that may support subdivision planning based on the lot configuration. The listing also notes the potential to retain existing income-producing structures on one portion while developing another portion where the current pool sits.
The main house is described as older and needing attention, and the property is being sold as is, with the foundation requiring evaluation.
The property offers frontage on both Marvin Street and McNulty Way, with dual street access that may support subdivision planning based on the lot configuration. The listing also notes the potential to retain existing income-producing structures on one portion while developing another portion where the current pool sits.
The main house is described as older and needing attention, and the property is being sold as is, with the foundation requiring evaluation.
Key Highlights
- Double‑street parcel with frontage on both Marvin Street and McNulty Way, plus dedicated guest house parking off McNulty Way
- Main residence and detached guest house with 4 bedrooms and 3 full bathrooms
- 36x18 inground pool on the property
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.4k | $22.20 |
| − Vacancy | −$1.5k | −$1.00 |
| EGI | $31.9k | $21.20 |
| − OpEx | −$9.6k | −$6.36 |
| NOI | $22.3k | $14.84 |
1,504 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$318.9K
$279.0K – $372.0K
NOI $22,320 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$285.3K
$249.6K – $332.8K
NOI $19,970 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$450.2K
$393.9K – $525.2K
NOI $31,512 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Main residence and detached guest house on a double-street parcel with frontage on Marvin Street and McNulty Way.
Where is this duplex located?
The property is located at 68 Marvin Street Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $599,977.
What are key features of this property?
This property features: Double‑street parcel with frontage on both Marvin Street and McNulty Way, plus dedicated guest house parking off McNulty Way; Main residence and detached guest house with 4 bedrooms and 3 full bathrooms; 36x18 inground pool on the property
