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Pending
  • $715,000

    328 Milton Avenue, Ballston Spa, NY 12020

    9beds
    4,506sqft
    Loading
    Multi Family, Apartment
    Built in 1890
    -- sqft lot
    $676,300 Zestimate®
    $159/sqft
    $-- HOA

    What's special

    Garage on-siteOff-street parkingCharming patioExcellent curb appealCoin-op laundry roomUpdated walkwaysRenovated apartments
    Rare 7-Unit investment gem in the heart of Ballston Spa. Discover a turnkey addition to your portfolio with this exceptional 7-unit multi-family property, perfectly positioned in the vibrant and historic village of Ballston Spa. Located within easy walking distance to local boutiques, popular eateries, and village festivals. The building features a high-demand unit mix consisting of five spacious 1-bedroom apartments and two 2-bedroom units, producing a strong immediate cash flow with a monthly gross income of $8,630. Rest easy knowing the heavy lifting has been completed through substantial renovations over the last several years. Major infrastructure upgrades include a full electrical system overhaul, extensive plumbing updates, a new Navien high-efficiency boiler, and a power-vented hot water heater. The building's efficiency has been further enhanced with comprehensive insulation, air sealing, and a flat roof replacement. Beyond the mechanicals, the property shines with renovated apartments, a coin-op laundry room, and upgraded front porch. The exterior boasts excellent curb appeal with updated walkways, a charming patio, and off-street parking. A garage on-site provides additional flexibility for one-car parking or potential additional income for tenant storge. A complete list of renovations and financial documents are available for review. Please note that showing times are restricted to respect tenant privacy. Don't miss this rare opportunity to own a high-performing asset in one of Saratoga County's most desirable rental markets. Parking lot for 4 cars to the right of property, 2 more cars to the left. Priced to sell, serious investors only.
    59 days
    |
    323
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    23
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    Zillow last checked:

    Listing updated:

    Listed by:

    High Rock Realty 518-691-0669,

    Daniel Munn 518-281-4113,

    Ronald J Murphy 518-265-9610,

    High Rock Realty

    Source: Global MLS,MLS#: 202616647MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 7
      • Full bathrooms: 7
      Heating
      • Baseboard, Natural Gas
      Features
      • High Speed Internet
      • Flooring: Vinyl, Hardwood, Laminate
      • Basement: Partial
      Interior area
      • Total structure area: 4,506
      • Total interior livable area: 4,506 sqft
      • Finished area above ground: 4,506
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 6
      • Parking features: Off Street, Stone, Garage
      • Garage spaces: 1
      Features
      • Patio & porch: Front Porch
      • Exterior features: None
      • Has view: Yes
      • View description: Downtown
      Lot
      • Size: 8,712 Square Feet
      Details
      • Additional structures: Garage(s)
      • Parcel number: 414201 203.8021
      • Zoning description: Commercial
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      • Attached to another structure: Yes
      Materials
      • Aluminum Siding
      • Foundation: Stone
      • Roof: Rubber,Shingle,Asphalt
      Condition
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Ballston Spa

      Financial & listing details

      • Price per square foot: $159/sqft
      • Tax assessed value: $345,000
      • Annual tax amount: $12,200
      • Date on market: 5/29/2026
      • Tenant pays: Internet, Cable TV

        Estimated market value

        $676,300

        $642,000 - $710,000

        $1,327/mo

        Price history

        DateEventPrice
        7/23/2026Pending sale$715,000$159/sqft
        Source: Global MLS #202616647 Report a problem
        5/29/2026Listed for sale$715,000$159/sqft
        Source: Global MLS #202616647 Report a problem
        5/20/2026Pending sale$715,000$159/sqft
        Source: Global MLS #202616647 Report a problem
        5/16/2026Listing removed$1,200
        Source: Zillow Rentals Report a problem
        5/7/2026Listed for sale$715,000-4.7%$159/sqft
        Source: Global MLS #202616647 Report a problem
        4/15/2026Listed for rent$1,200+33.3%
        Source: Zillow Rentals Report a problem
        11/15/2025Listing removed$750,000$166/sqft
        Source: Global MLS #202515313 Report a problem
        8/1/2025Price change$750,000-6.1%$166/sqft
        Source: Global MLS #202515313 Report a problem
        4/18/2025Listed for sale$799,000+35.4%$177/sqft
        Source: Global MLS #202515313 Report a problem
        2/6/2023Listing removed--
        Source: Zillow Rentals Report a problem
        1/28/2023Listed for rent$900+12.5%
        Source: Zillow Rentals Report a problem
        10/27/2022Listing removed--
        Source: NY State MLS Report a problem
        8/19/2022Price change$590,000-6.3%$131/sqft
        Source: Global MLS #202219631 Report a problem
        6/8/2022Listed for sale$629,900+157.1%$140/sqft
        Source: Global MLS #202219631 Report a problem
        3/19/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        2/28/2022Listed for rent$800-3%
        Source: Zillow Rental Manager Report a problem
        3/5/2021Listing removed--
        Source: Owner Report a problem
        5/14/2020Listing removed$825
        Source: Owner Report a problem
        5/6/2020Listed for rent$825
        Source: Owner Report a problem
        8/27/2019Listing removed$825
        Source: Owner Report a problem
        8/16/2019Listed for rent$825
        Source: Owner Report a problem
        8/5/2018Listing removed$825
        Source: Owner Report a problem
        8/1/2018Listed for rent$825+3.1%
        Source: Owner Report a problem
        8/21/2016Listing removed$800+14.3%
        Source: Owner Report a problem
        4/8/2014Listing removed$700
        Source: Owner Report a problem
        10/22/2008Sold$245,000$54/sqft
        Source: Global MLS #28112011 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 12020

        Getting around

        78 / 100
        Very Walkable
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Ballston Spa

        Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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