50-52 Gates Ave Victory, NY 12884
Property details
About 50-52 Gates Ave
Investors & Developers Take Note! This rare multifamily opportunity offers 8 fully occupied residential units across two adjacent buildings along Fish Creek (50 Gates Ave: four residential units and a vacant commercial storefront and 52 Gates Ave: Four additional units and a coin-operated laundry for tenants) plus a vacant lot offering parking and future development opportunities. Located just a short drive from Saratoga Springs and GlobalFoundries, this investment is perfectly positioned in one of Saratoga County's most promising areas with an increasing demand for rentals. With a gross annual income of $110,400 this is a strong cash-flowing asset with long-term potential. Don't miss this chance to own a high-yield, mixed-use portfolio in Victory Mills, a hidden gem in Saratoga County.
Highlights
Summary
- Full Bathrooms: 8
- Basement: Yes
- Total Bedroom Count: 17
- Exterior: Porch, None
- Architectural Style: Apartment 4 Plus Unit
- Heating: Baseboard, Propane
- Cooling: None
- List Price: $825,000
- Price/SqFt: $73
- Directions: From Degarmo Rd, Turn left onto NY-32 N, Destination will be on the right
- Year Built: 1940
- Living Area: 11,300 SqFt
- Lot Size: 0.74 Acres
- MLS Number: 202515254
- MLS Name: Global MLS
- Office Name: Just In New York Real Estate
- Office Phone: (518) 424-9064
- Office Email: justinmgrassi@gmail.com
- Listing Agent: Justin M Grassi
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: 5/6/2025, 4:20:34 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
$825,000
50-52 Gates Ave
$9,797
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
6
Schuylerville Elementary School
Public District KG-5
1.8 mi
•14 Spring St
5
Greenwich Elementary School
Public District PK-6
5.3 mi
•10 Gray Ave
7
Dorothy Nolan Elementary School
Public District PK-5
7.9 mi
•221 Jones Rd
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 $50,221. The most common annual income of people living in Victory, NY is between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Texas Roadhouse
What do the neighbors drive?
Ram
Chevrolet
GMC
What do the neighbors listen to?
Classic Country
New Country- Country
This home is located at 50-52 Gates Ave in Victory, NY and zip code 12884. This 11,300 square foot home, which was built in 1940, sits on a 0.74 acre lot. Features: 17 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 14, 2025 and is currently priced at $825,000.