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Two-Unit Apartment Near Village
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141 South St, Ballston Spa, NY 12020

Two-unit apartment near the village, ideal for investors or owners.

Property SizeContact for details
Days on Market91

Property Features for 141 South St

General Information

Standard status Active
Property subtype Mixed Use
Zoning R-1

Building Details

Year Built 1870
Listing Agency: JEFFREY E BROWN REALTY
Listed By: Shane Quant
Source: Crexi
Added: May 22 Changed: Aug 8 Last Checked: Aug 8 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JEFFREY E BROWN REALTY

Investment Insights

Based on property information with market context.

This two-unit apartment building presents an opportunity for investment or owner-occupancy. The property, over 100 years old, features a layout suitable for various real estate strategies. Historically low vacancy rates and strong rental demand characterize the area, benefiting investors. Owner-occupants can offset living expenses through rental income. The location provides walkable access to downtown parks, eateries, and shops. Situated within the Ballston Spa Central School District, the property allows for commuting to Saratoga Springs, Malta, and the I-87 Northway. Both units include a washer and dryer, and hardwood floors are present throughout.

Key Highlights

  • Prime Location: Walk to the village, historic downtown, parks, eateries, and shops.
  • Income Potential: Two units provide rental income.
  • Desirable School District: Located in the coveted Ballston Spa Central School District.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Plumbing Service Garden Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby

Demographics for 12020, NY

34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit apartment near the village, ideal for investors or owners.
Where is this duplex located?
The property is located at 141 South St Ballston Spa, NY.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: Prime Location: Walk to the village, historic downtown, parks, eateries, and shops.; Income Potential: Two units provide rental income.; Desirable School District: Located in the coveted Ballston Spa Central School District.
(518) 587-0532 Call to check price and availability
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