460 Cold Spring Road, NY 12866

$3,500,000
22
BD
13
BA
4,738
SqFt

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List Price
$3,500,000
Price Change
▼ $250,000 1779151155
MLS#
202613597
Style
Other
Bedrooms
22
Bathrooms
13
Half-bathrooms
1
Subdivision
Select One

Property Description

Investors & Builders Take Notice - Rare Multifamily & Development Opportunity. Exceptional opportunity to acquire a multifamily investment spanning over 21 acres, featuring 8 structures with significant upside. More than half of the property offers additional residential development potential. Ideally located just minutes from Brown's Beach, a short distance to I-87 Exit 12 and I-87 Exit 13, and in close proximity to a local Technology Park, providing strong appeal for workforce housing and potential for long-term growth. Situated within the Stillwater Central School District.SLZ-1 Zoning allows for a range of uses, including residential development (single-family and two-family homes), as well as commercial opportunities such as a restaurant or bed & breakfast with a Special Use Permit (SUP). This offering includes four separate deeds being sold as a package and must be purchased together. Addresses include: 184, 186, 188, 190 & 192 Didonna Lane, and 460 Cold Spring Road. At 460 Cold Spring Road, the first three trailers are owned by the seller, while the remaining 3 operate on land leases, offering a mix of income streams. Municipal water and sewer are available at the road Parcels SBL #'s 218.20-2-29 (7.48 Acres), 218.20-2-30 (.08 Acres), 230.-1-11 (21.20 Acres) and 230.1-83 (.02 Acres)

Additional Information

Taxes
$16,005
Acres
21.30
Lot Description
Irregular Lot, Road Frontage
School District
Stillwater
Heating
Electric, Propane
Cooling
None
Exterior Features
None
Construction
Other
Roof
Asphalt
Garage Spaces
4
Parking
Off Street, Driveway
Sewer
Public Sewer
Water
Other

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Calculator source: Real Geeks

Listing courtesy of listing agent Charles B Goodridge with Julie & Co Realty LLC Brokerage, 518-409-1218.

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