Two-Unit Residential Income
154 Washington Street Saratoga Springs, NY 12866
154 Washington Street, Saratoga Springs, NY, 12866
$775,000
For Sale
$775,000
MULTI_FAMILY - Other - Saratoga Springs, NY
Property Size2,600 SF
Lot Size0.15 Acres
Price / SF$298.08
Days on Market135
Property Features for 154 Washington Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1
- Parking
- 4
- Parking features
- Driveway
- Patio and Porch features
- Deck
- Exterior features
- Garden
- Basement
- Partial
- Standard status
- Active
- APN
- 411501 165.66-1-23
- Size
- 2,600 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5947
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1875
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Metal, Slate
- Architectural style
- Other
Listing Agency
Julie & Co Realty LLC
(518) 350-7653
18 Division St, Saratoga Springs, NY
Listed by
Lars Huus-Skladzinski · License #10401262713
(518) 321-1282
Added: Mar 4 Checked: Jul 17 at 7:06 pm
MLS# 202612741
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 well-maintained two-unit residential income property features spacious layouts, with one unit offering three bedrooms and the other offering two bedrooms. The building presents as a straightforward duplex-style investment with separate unit configurations.
The property is located at 154 Washington Street in Saratoga Springs, New York. Public remarks indicate it is a few blocks from Broadway, with parking available one block away.
With two residential units totaling approximately 2,600 square feet, the building is positioned for income-focused ownership and straightforward occupancy planning based on the existing bedroom configuration.
The property is located at 154 Washington Street in Saratoga Springs, New York. Public remarks indicate it is a few blocks from Broadway, with parking available one block away.
With two residential units totaling approximately 2,600 square feet, the building is positioned for income-focused ownership and straightforward occupancy planning based on the existing bedroom configuration.
Key Highlights
- 2‑unit multifamily building with separate 3‑bedroom and 2‑bedroom units
- Brick exterior with metal and slate roof
- Interior features include tile and hardwood flooring
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 | $57.7k | $22.20 |
| − Vacancy | −$2.6k | −$1.00 |
| EGI | $55.1k | $21.20 |
| − OpEx | −$16.5k | −$6.36 |
| NOI | $38.6k | $14.84 |
2,600 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$551.2K
$482.3K – $643.1K
NOI $38,586 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$493.2K
$431.5K – $575.4K
NOI $34,522 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$778.2K
$680.9K – $907.9K
NOI $54,475 @ 7.0% cap · market cap 7.03%
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 - Well-maintained two-unit building with a three-bedroom and a two-bedroom unit in Saratoga Springs.
Where is this duplex located?
The property is located at 154 Washington Street Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2‑unit multifamily building with separate 3‑bedroom and 2‑bedroom units; Brick exterior with metal and slate roof; Interior features include tile and hardwood flooring
