#202511136, Lars Huus-Skladzinski, Listing Office: Julie & Co Realty, LLC
1-3 Wells St Saratoga Springs, NY 12866
Property details
About 1-3 Wells St
WOW Reduced $49,000! All Brick Historic, 3-Family - just 4 Blocks to downtown. Great for investor, or OWNER OCCUPANT, w/appealing 3BR Twnhome-Style, offering spacious MBR/LR/FDR+2 Full Baths, W/D, +AC. BONUS: Live for LESS than RENT w/25% down loan! Turn-Key: renovated, in great condition, featuring all hardwd Flrs. Apts hv own W/D & separate utilities; +2 amazing 700SF Walk-Up Attics -adding architectural space w/high ceilings, for storage &/or income potential! Also offers classic Saratoga front porch, 2 back entries, + cozy patio for grilling (1A). Tenants hv parked 2-3 cars on Rt side of bldg. Strong rental history ($72K @current rates); 6.6 Cap Rate, + add'l income via AirBnB & finishing attics. Ez walk to Shops/Dining/Skidmore & Hosp. OPEN Hse SUN 3/9, 11-1 Rents: after sale 3 BR will pay $2850 for #3; it has had same renters the last 2 years. 1B is at $1625, 1A was the same, and it just vacated Feb 28th. Both of the 1BRs got higher rents than listed due to exceptions. Also, 1A on occasion was used for AirBnB w ave about $300/night last year.
Highlights
Summary
- MLS Number: 202419464
- MLS Name: Global MLS
- Office Name: Howard Hanna
- Office Phone: (518) 584-0743
- Office Email: LizSchultheiss@HowardHanna.com
- Listing Agent: MaryAnn Paratore
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Last updated on: 3/12/2025, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$900,000
1-3 Wells St
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
5
Division Street Elementary School
Public District KG-5
0.4 mi
•220 Division St
7
Lake Avenue Elementary School
Public District KG-5
0.7 mi
•126 Lake Ave
6
Caroline Street Elementary School
Public District KG-5
1.3 mi
•310 Caroline St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,266. Typical income of Saratoga Springs, NY residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 1-3 Wells St in Saratoga Springs, NY and zip code 12866. This 2,900 square foot home, which was built in 1901, sits on a 0.06 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $900,000.
Saratoga Springs, NY housing market in February 2025 saw over 8 listings sold above listed price, more than 4 sold at listed price and over 10 sold below. The number of homes for sale in Saratoga Springs, NY decreased by 22.2% between January and February 2025. While the average time on the market in February 2025 was 48 days, the median list price was $615,500.