Three-Bedroom
For Sale
$870,000
Pending
111-113 East Avenue, Saratoga Springs, NY 12866
MultiFamily, Saratoga Springs, NY
Property Size2,992 SF
Lot Size0.28 Acres
Days on Market140
Property Features for 111-113 East Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 6
Parking
8
Parking features
Garage, Off Street
Patio and Porch features
Deck, Porch
Interior features
Wall Paneling, Solid Surface Counters, High Speed Internet, Walk-In Closet(s), Built-in Features, Ceramic Tile Bath, Chair Rail, Crown Molding
Basement
Full
Lot features
Level, Landscaped, Sloped, Cleared, Corner Lot
High school
Saratoga Springs
Elementary school district
Saratoga Springs
Middle school district
Saratoga Springs
High school district
Saratoga Springs
Directions
From Exit 15, Route 50 west toward downtown. Left at East Ave, 2 blocks on Right. From Exit 14, to Ractrack Entrance. Right onto East Ave. Duplex on Left.
Standard status
Pending
APN
411501 166.37-2-65
Size
2,992 SF
Lot size
0.28 Acres
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Annual Amount
11360
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
in-unit laundry
deck
private backyard
garage
basement storage
central air
Building Details
Year built
1998
Number of units
2
Flooring type
Tile, Carpet, Hardwood
Building materials
Vinyl Siding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Monique Boulet · License #10301215029
(518) 312-6309
Added: Jun 14
Changed: Oct 27
Last Checked: Oct 31 at 2:06AM
MLS# 202619635
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.
At 111-113 East Avenue, this 2,992-square-foot duplex contains two residences, each arranged across three levels with three bedrooms, two full bathrooms, and a dedicated laundry area. The 0.28-acre corner parcel includes a private backyard and deck. Both units have separate utilities and central air; garage parking and basement storage are also provided. One residence has undergone a full interior renovation, with hardwood flooring and modern appliances, and the property has a roof with a transferable warranty.
Built in 1998, the building is within walking distance of the Saratoga Race Track and SPAC. Public water and sewer serve the property.
Built in 1998, the building is within walking distance of the Saratoga Race Track and SPAC. Public water and sewer serve the property.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- 2,992 square feet on a 0.28‑acre corner parcel
- Three levels and a dedicated laundry area in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,403
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,060
$888.1K
Cap Rate 7%
$634,329
$634.3K
Cap Rate 9%
$493,367
$493.4K
Market Conditions
NOI Build-Up for 2,992 SF
Gross rent
$66.4K $22.20/SF
− Vacancy
−$3.0K −$1.00/SF
EGI
$63.4K $21.20/SF
− OpEx
−$19.0K −$6.36/SF
NOI
$44.4K $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%
$888,060
Cap Rate 7%
$634,329
Cap Rate 9%
$493,367
Alternative Uses
Best Use
Multifamily LT 5
$634.3K
$555.0K – $740.1K
NOI $44,403 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$567.5K
$496.6K – $662.1K
NOI $39,727 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$895.5K
$783.6K – $1.04M
NOI $62,688 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three levels, separate utilities, central air, and dedicated laundry areas.
Where is this duplex located?
The property is located at 111-113 East Avenue Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; 2,992 square feet on a 0.28‑acre corner parcel; Three levels and a dedicated laundry area in each unit
