Malta, NY Residential Income Properties for Sale

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Ballston Lake, NY Saratoga Springs, NY Mechanicville, NY Round Lake, NY Rock City Falls, NY Greenfield Center, NY Middle Grove, NY Clifton Park, NY

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Updated: May 6

7-Unit Multi-Family Investment

328 Milton Avenue, Ballston Spa, NY 12020

$715,000

4,506 sqft 0.20 AC lot

7‑unit multi‑family in the village of Ballston Spa with 5 one‑bedroom and 2 two‑bedroom apartments
Monthly gross income of $8,630 reported
Major infrastructure upgrades: full electrical system overhaul, extensive plumbing updates, new Navien high‑efficiency boiler, and power‑vented hot water heater
Efficiency improvements include comprehensive insulation and air sealing, plus a flat roof replacement
Renovated apartments plus a coin‑op laundry room and an upgraded front porch

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This listing looks promising.

Here's a quick look at some key insights for

328 Milton Avenue, Ballston Spa, NY 12020

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Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$60K
Annual
Price @ 7% Cap

$855K
Above asking
Property Type

Apartments (Generic)
Built 1890

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Updated: Jun 24

Mixed-Use Retail Building with Apartment

217-221 Milton Avenue, Ballston Spa, NY 12020

$815,000

4,562 sqft 0.18 AC lot

Mixed‑use building in the Village of Ballston Spa with antique center currently in use
Two storefronts plus retail space on the second floor
Third‑floor 2‑bedroom apartment, owner‑occupied
Off‑street parking plus a two‑story barn on the property
Utilities: public water and public sewer

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Residential Land with Existing Foundation

2130 Rowley Road, Malta, NY 12020

$650,000

3.00 AC lot

Cleared 3-acre parcel with an existing foundation, zoned Single Residence, suitable for a custom two-family home with special permit.

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Seven-Unit Residential Income Building

328 Milton Avenue, Ballston Spa, NY 12020

$715,000

4,506 sqft

Seven-unit multifamily property offering five one-bedroom and two two-bedroom apartments.

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Ballston Spa Duplex Investment Opportunity

31-33 Glen Street, Ballston Spa, NY 12020

$425,000

2,264 sqft 0.18 AC lot

Well-located duplex in Ballston Spa with income potential.

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Duplex with In-Unit Washer/Dryer

141 South St, Ballston Spa, NY 12020

$349,500

0.32 AC lot

Two-unit apartment building with washer/dryer in both units and hardwood floors, suited for owner-occupant or rental use.

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Mixed-Use Development Land

910 Route 67, Ballston Spa, NY 12020

$499,500

17.25 AC lot

17+ acres with 660 feet of road frontage, public water, and mixed-use zoning, plus an unsafe-to-preview disrepair barn.

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Modern Multifamily Property Near Village

486 Garrett Road, Ballston Spa, NY 12020

$2,390,000

3,360 sqft

Ten-unit multifamily property built in 2022, fully leased.

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Remodeled Side-by-Side Duplex

2015-2017 St Paul Drive, Ballston Spa, NY 12020

$399,900

2,420 sqft

Side-by-side duplex with remodeled interiors, with each unit offering living space, kitchens, and bathrooms.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 9 Active listings in Malta, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Multifamily Property Near Ballston

486 Garrett Road, Ballston Lake, NY 12020

$2,390,000

3,360 sqft 3.45 AC lot

Ten-unit multifamily property built in 2022, walking distance to Ballston Spa.

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Development Land with Highway Frontage

4 Connolly Road, Ballston Lake, NY 12019

$450,000

7.43 AC lot

Tenant-occupied land offering flexible residential, agricultural, or mixed-use options subject to approvals, with frontage for visibility.

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Commercial Land with Income Potential

2278 Route 9, Mechanicville, NY 12118

$799,999

2.54 AC lot

2.54± acres of commercial property with income-producing duplex.

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Commercial Land with Route 9 Frontage

2280 US-9, Mechanicville, NY 12118

$799,999

2.50 AC lot

2.54-acre commercial property with income-producing duplex and development potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Corner Lot in Ballston

800 Route 67, Ballston Spa, NY 12020

$795,000

2.96 AC lot

2.96-acre corner lot suitable for retail and drive-thru.

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Malta, NY Land Opportunity

178 Cramer Road, Malta, NY 12020

$375,000

14.54 AC lot

14+ acres in prime location for development or private oasis.

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Mechanicville Land Near Malta Tech

2289 US-9, Mechanicville, NY 12118

$1,900,000

29.77 AC lot

29.77 acres with Route 9 frontage near Malta Tech Park.

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Versatile Land Near Malta Tech Park

12 Easy Street, Mechanicville, NY 12118

$1,900,000

29.77 AC lot

29.77 acres near Malta Tech Park with development potential.

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Off-Market Properties in Malta, NY

Consider similar Off-Market properties in Malta, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Land

10 Damascus Way, Malta, NY 12020

Value Estimation by Request

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MOBILE HOME PARK, TRAILER PARK

2560 State Rte 9th 9, Malta, NY 12020-4336

Value Estimation by Request

1,377 sqft 75.07 AC lot

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Malta, NY Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Malta, NY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 21,618 square feet of properties for sale, with an estimated market value of $5,459,900.

Sale prices for residential income properties in Malta, NY start at $399,900, averaging $909,983, and reaching up to $2,390,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 34K

Population Growth (5Y) +2.0%

Median Household Income $101,727

College Educated 61.6%

Listings Trend

New vs delisted commercial listings in Saratoga County

New Delisted

Total CRE Inventory on Market (SF)

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