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
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Last updated on: 7/7/2025, 6:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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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 majority of Victory, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
Frequently asked questions
About 50-52 Gates Ave
The listing price of 50-52 Gates Ave property is $825,000.
The property 50-52 Gates Ave is a multi located in Victory, New York, 12884.
Active Listing: 50-52 Gates Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 50-52 Gates Ave are: Schuylerville Elementary School (GreatSchools Rating 6/10), Greenwich Elementary School (GreatSchools Rating 5/10), Dorothy Nolan Elementary School (GreatSchools Rating 7/10), Schuylerville Middle School (GreatSchools Rating 6/10), Maple Avenue Middle School (GreatSchools Rating 6/10), Ballston Spa Middle School (GreatSchools Rating 5/10), Schuylerville High School (GreatSchools Rating 9/10), Greenwich Junior-Senior High School (GreatSchools Rating 6/10), Stillwater Middle School High School (GreatSchools Rating 6/10).
The property 50-52 Gates Ave is 11,300 SqFt (source: MLS/tax record).
The year of construction for 50-52 Gates Ave is 1940.
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.