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+15188999500
Red Door Realty NY
182 Excelsior Avenue 1-6, Saratoga Springs, NY 12866
- $3,850,000
- 12
- BA
- 4,204
- SqFt
- List Price
- $3,850,000
- MLS#
- 202627547
Property Description
Rare opportunity to acquire Lawrence House Condos, an entire six-unit condominium project created through the thoughtful restoration and complete renovation of two historic buildings. The property consists of four residences within the original Main House and two within the Carriage House, offering an investor the unique opportunity to own all six units and maintain control of the condominium association. Both historic structures were extensively renovated, with interiors gutted to the studs and completely rebuilt with new systems, finishes and modern amenities while preserving the character of the original buildings. Each of the six residences features 2 bedrooms and 2 full baths. Offered as one package, Lawrence House provides multiple potential investment strategies, including traditional rentals, condominium rentals and short-term rentals where permitted. Ownership of all six units provides greater control over the HOA, property management, maintenance standards and overall operations, while the separately deeded units may also provide flexibility for future individual resale. The location adds tremendous appeal. Lawrence House is adjacent to the Spring Run Trail with connectivity to the area bike path network and convenient access to downtown Saratoga Springs and the Saratoga Race Course. This combination of recreation, accessibility and proximity to two of Saratoga's biggest destinations creates an attractive setting for both year-round residents and visitors. A distinctive opportunity to acquire a newly renovated, turnkey six-unit residential portfolio combining historic Saratoga character, modern construction and investment flexibility.
Additional Information
- Taxes
- $29,521
- Zoning
- Single Residence
- Sewer
- Public Sewer
- Water
- Public
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Listing courtesy of listing agent Shannon McCarthy with eXp Realty Brokerage, 518-858-8820.
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