Renovated Two-Unit
For Sale
$539,900
Pending
104 Van Dam Street, Saratoga Springs, NY 12866
MultiFamily, Saratoga Springs, NY
Property Size1,994 SF
Lot Size0.07 Acres
Days on Market74
Property Features for 104 Van Dam Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 1
Window features
Blinds
Patio and Porch features
Porch
Interior features
Paddle Fan, High Speed Internet
Basement
Exterior Entry, Unfinished, Full
Lot features
Level
High school
Saratoga Springs
Elementary school district
Saratoga Springs
Middle school district
Saratoga Springs
High school district
Saratoga Springs
Directions
Van Dam Street, across from Lawrence Street.
Standard status
Pending
APN
411501 165.51-1-58
Size
1,994 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
5447
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Radiant, Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1920
Number of units
2
Flooring type
Vinyl, Hardwood
Building materials
Wood Siding
Roof type
Flat, Rubber
Architectural style
Other
Listing Agency:
Julie & Co Realty LLC
(518) 350-7653
Listed By:
Jennifer R Johnson · License #10301207891
(518) 588-1392
Added: Aug 19
Changed: Oct 27
Last Checked: Oct 31 at 2:06AM
MLS# 202624369
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.
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Investment Insights
Based on property information with market context.
This 1,994-square-foot duplex contains two residences, each with two bedrooms and a full bathroom. The kitchens and bathrooms have been renovated, and the interior retains details such as tin ceilings and hardwood floors. An office is included in the upper residence, while the lower unit has a porch. The property also has a fenced backyard and a 0.07-acre lot.
The home is near Broadway in downtown Saratoga Springs, with Saratoga Race Course, SPAC, UPH, shops, and restaurants nearby. Built in 1920, it has wood siding, radiant natural gas heat, window-unit cooling, and public water and sewer.
The home is near Broadway in downtown Saratoga Springs, with Saratoga Race Course, SPAC, UPH, shops, and restaurants nearby. Built in 1920, it has wood siding, radiant natural gas heat, window-unit cooling, and public water and sewer.
Key Highlights
- Two‑unit duplex with 1,994 square feet on a 0.07‑acre lot
- Each residence has 2 bedrooms and 1 full bathroom
- Upper unit includes an office; first‑floor unit has a porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,592
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,840
$591.8K
Cap Rate 7%
$422,743
$422.7K
Cap Rate 9%
$328,800
$328.8K
Market Conditions
NOI Build-Up for 1,994 SF
Gross rent
$44.3K $22.20/SF
− Vacancy
−$2.0K −$1.00/SF
EGI
$42.3K $21.20/SF
− OpEx
−$12.7K −$6.36/SF
NOI
$29.6K $14.84/SF
Area
Saratoga County, NY
Vacancy
4.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,840
Cap Rate 7%
$422,743
Cap Rate 9%
$328,800
Alternative Uses
Best Use
Multifamily LT 5
$422.7K
$369.9K – $493.2K
NOI $29,592 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$378.2K
$331.0K – $441.3K
NOI $26,476 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$596.8K
$522.2K – $696.3K
NOI $41,778 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,497
Businesses Nearby
Explore this area
Business Placement
Demographics for 12866, NY
40,355
Population
20,462
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
95%
High-School Grad
64.3 sq mi
ZIP Area
628
Density / Sq Mi
$98,374
Median Household Income
$53,265
Median Earnings
$1,460
Median Rent
$419,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences include an upstairs office and a first-floor porch.
Where is this duplex located?
The property is located at 104 Van Dam Street Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,994 square feet on a 0.07‑acre lot; Each residence has 2 bedrooms and 1 full bathroom; Upper unit includes an office; first‑floor unit has a porch
