Side-by-Side Duplex For
2015-2017 St Paul Drive Ballston Spa, NY 12020
2015-2017 St Paul Drive, Ballston Spa, NY, 12020
$399,900
Pending
For Sale
$399,900
Pending
MULTI_FAMILY - Other - Ballston Spa, NY
Property Size2,420 SF
Lot Size0.94 Acres
Days on Market43
Property Features for 2015-2017 St Paul Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 4, Laundry Room, Bedroom 3, Bathroom 2
- Parking
- 2
- Parking features
- Garage
- Interior features
- Built-in Features
- Fireplace
- 1
- Standard status
- Pending
- APN
- 188.-1-73
- Size
- 2,420 SF
- Lot size
- 0.94 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6500
Utilities
- Sewer type
- Septic Tank
- Heating system
- Ductless (Heating)
- Cooling system
- Ductless, Wall Unit(s)
- Water source
- Well
Building Details
- Year built
- 1990
- Number of units
- 2
- Flooring type
- Laminate
- Roof type
- Asphalt
- Architectural style
- Other
Listing agency
Clancy Real Estate
(518) 861-7016
Listed by
Kevin Clancy · License #37CL1081409
(518) 461-9937
Added: Jun 11 Updated: Jun 26 at 1:39PM Checked: Jul 23 at 10:06AM
MLS# 202619486
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 for-sale side-by-side duplex at 2015–2017 St Paul Drive, Ballston Spa, NY is described as substantially remodeled with modern finishes and updated interiors throughout. The layout provides two matching units, each with spacious living areas and updated kitchens and baths, along with contemporary touches designed for comfort and day-to-day functionality. With a total property size of 2,420 square feet on a 0.94-acre lot, the home presents as turnkey and ready for occupancy.
The property is positioned in a peaceful residential setting, while also being described as just minutes from downtown Ballston Spa, Saratoga Springs, shopping, dining, schools, parks, and major commuting routes. This combination is intended to support both owner-occupants and tenants seeking convenient access to everyday amenities.
For buyers looking to own a duplex with two separate living spaces, the updated unit finishes and consistent design are suited to flexible use, including owner-occupancy with rental income. The listing also notes that qualified buyers may be able to take over an assumable mortgage with an interest rate of 3.75%, which could provide an option for buyers considering financing advantages.
The property is positioned in a peaceful residential setting, while also being described as just minutes from downtown Ballston Spa, Saratoga Springs, shopping, dining, schools, parks, and major commuting routes. This combination is intended to support both owner-occupants and tenants seeking convenient access to everyday amenities.
For buyers looking to own a duplex with two separate living spaces, the updated unit finishes and consistent design are suited to flexible use, including owner-occupancy with rental income. The listing also notes that qualified buyers may be able to take over an assumable mortgage with an interest rate of 3.75%, which could provide an option for buyers considering financing advantages.
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 | $53.7k | $22.20 |
| − Vacancy | −$2.4k | −$1.00 |
| EGI | $51.3k | $21.20 |
| − OpEx | −$15.4k | −$6.36 |
| NOI | $35.9k | $14.84 |
2,420 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$513.1K
$448.9K – $598.6K
NOI $35,914 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$459.0K
$401.7K – $535.5K
NOI $32,132 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$724.3K
$633.8K – $845.1K
NOI $50,704 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Remodeled side-by-side duplex with updated kitchens and baths, offering two separate units in Ballston Spa.
Where is this duplex located?
The property is located at 2015-2017 St Paul Drive Ballston Spa, NY.
What is the asking price?
The asking price for this property is $399,900.
