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Five-Unit Apartment Building with Garage
New
For Sale
$439,000

178-180 Milton Avenue, Ballston Spa, NY 12020

MultiFamily, Ballston Spa, NY

Property Size5,022 SF
Lot Size0.12 Acres
Price / SF$87.42
Days on Market3

Property Features for 178-180 Milton Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi Residence
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 8, Bedroom 7, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 1
Parking 1
Parking features Garage
Window features Bay Window(s), Blinds
Patio and Porch features Porch
Interior features Solid Surface Counters, Paddle Fan, High Speed Internet, Built-in Features, Crown Molding
Fireplace 1
Basement Interior Entry, Full
Lot features Level, Corner Lot
High school Ballston Spa
Elementary school district Ballston Spa
Middle school district Ballston Spa
High school district Ballston Spa
Directions Corner of Milton Ave and Van Buren St in the center of town
Standard status Active
APN 414201 216.24-2-29
Size 5,022 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 12827

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Hot Water(Heating)
Water source Public

Building Details

Year built 1850
Number of units 5
Flooring type Tile - Ceramic, Tile, Hardwood, Wood
Building materials Vinyl Siding
Roof type Metal, Asphalt
Architectural style Other
Listing Agency: Howard Hanna Capital Inc
Listed By: Susan M Cerone · License #30CE1067931
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 24 at 12:06AM
MLS# 202626668

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 5,022-square-foot apartment property includes five units across three parcels, with a rear parcel designated for parking. A vacant one-stall garage provides an additional onsite feature for future use. The building dates to 1850 and includes porches, a fireplace, hardwood and ceramic tile flooring, solid surface counters, built-in features, crown molding, and paddle fans. Natural gas hot-water heating serves the property, which has vinyl siding and a combination of metal and asphalt roofing.

The property is located at 178-180 Milton Avenue in Ballston Spa, Saratoga County, New York. It is served by public water and public sewer and is zoned Multi Residence. Parking is provided through the rear parcel and garage configuration.

Key Highlights

  • Five apartment units in a 5,022‑square‑foot building
  • Three parcels, including a rear parcel for parking
  • Vacant one‑stall garage available for additional income use

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale 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.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

660
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Multi-parcel property includes rear parking, a vacant garage, and public water and sewer service.
Where is this apartment building located?
The property is located at 178-180 Milton Avenue Ballston Spa, NY.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Five apartment units in a 5,022‑square‑foot building; Three parcels, including a rear parcel for parking; Vacant one‑stall garage available for additional income use
More about this property
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