$900,000

1-3 Wells St Saratoga Springs, NY 12866

$10,000
Closing credit¹
5 beds
4 full
2,900 sqft
0.06 acres
$310 / sqft
Multi-Family

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

Home typeTriplex
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air, Window Unit(s)
Size2,900 sqft
BasementYes
Lot size0.06 Acres
Year built1901
ParkingOff Street, Paved, Driveway
MLS #202419464

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

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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.

Get an agent. Get a mortgage. Save big.¹

view of front of home with covered porch

$900,000

1-3 Wells St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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.

All data from GreatSchools

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.

How much money do the neighbors make?

31%
<35k
45%
35k-100k
15%
100k-200k
9%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

70%
Single, No Kids
4%
Single, with Kids
17%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
29%
18-34 yrs old
36%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's
  • H&MH&M

Where do the neighbors go to eat?

  • QdobaQdoba
  • Boston MarketBoston Market
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • VolkswagenVolkswagen
  • VolvoVolvo
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

More resources