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2881 ROUTE 9
Malta, NY 12020

Est. Mortgage: $1,955/mo
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  • 1,404
Multi-Family Home

Multiple dwellings for 4 total rental units on over an acre of property right off of Exit 13. This is a property that provides an immediate return on investment and positive cash flow. All the heavy lifting has been done maintaining the buildings including renovating kitchens, bathrooms, upgrading utilities. Tenants take care of lawn and snow so overhead is very low. Property also has commercial zoning allowing many uses including restaurant, office, medical, bank, day-care, gasoline service and more.

Property Details
  • Ballston Spa
    school district
  • 4 Family
  • $6,208.00
  • 1961
  • 201822956
Electric heat
Baseboard heat
Oil heat
Full basement
School district: Ballston Spa
Vinyl siding
Lot acreage is: 1.05
Level lot
Asphalt shingle roof
Septic system
Rooms in unit #1: 6
Rooms in unit #2: 4
Rooms in unit #3: 4
Rooms in unit #4: 6
Bedrooms in unit #1: 3
Bedrooms in unit #2: 2
Bedrooms in unit #3: 2
Bedrooms in unit #4: 2
Baths in unit #1: 1
Baths in unit #2: 1
Baths in unit #3: 1
Baths in unit #4: 1
Courtesy of:
Roohan Realty
(518) 587-4500

Call (855) 464-2662

We are standing by to assist you.
Get more info or schedule a showing:
Name Type GreatSchools
Milton Terrace South Elementary School Elementary School / Public 6 4.11 mi.
Ballston Spa Senior High School High School / Public 7 3.59 mi.
Malta Avenue Elementary School Elementary School / Public 6 2.93 mi.
Ballston Spa Middle School Middle School / Public 6 3.58 mi.
Wood Road Elementary School Elementary School / Public 7 3.99 mi.
Milton Terrace North Elementary School Elementary School / Public 5 4.11 mi.
Address Distance Sale date Sale price
331 NORTHLINE RD 3.31 mi. 3/10/2017 $320,000
67 WEST HIGH ST 3.34 mi. 1/25/2017 $330,330
53 Ash Street 4.29 mi. 3/22/2018 $420,000
43 ASH ST 4.29 mi. 7/30/2017 $395,000
15 FRANKLIN ST 4.44 mi. 1/25/2018 $315,000
182 REGENT ST 4.49 mi. 3/30/2018 $410,000
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{"markerType": "Sold", "lat": "43.02404", "lng": "-73.85433", "Address": "331 NORTHLINE RD", "City": "Ballston Spa", "StateProv": "NY", "ZipCode": "12020"}
{"markerType": "Sold", "lat": "43.00052", "lng": "-73.85239", "Address": "67 WEST HIGH ST", "City": "Ballston Spa", "StateProv": "NY", "ZipCode": "12020"}
{"markerType": "Sold", "lat": "43.07783", "lng": "-73.79281", "Address": "53 Ash Street", "City": "Saratoga Springs", "StateProv": "NY", "ZipCode": "12866"}
{"markerType": "Sold", "lat": "43.07788", "lng": "-73.79213", "Address": "43 ASH ST", "City": "Saratoga Springs", "StateProv": "NY", "ZipCode": "12866"}
{"markerType": "Sold", "lat": "43.08011", "lng": "-73.79137", "Address": "15 FRANKLIN ST", "City": "Saratoga Springs", "StateProv": "NY", "ZipCode": "12866"}
{"markerType": "Sold", "lat": "43.08033", "lng": "-73.77934", "Address": "182 REGENT ST", "City": "Saratoga Springs", "StateProv": "NY", "ZipCode": "12866"}
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The approximate monthly principal & interest payment for this property would be $1,954.57.

This payment is based on a 30-year loan at a fixed rate of 4.750 % - APR 4.870 % with a down payment of $19,450. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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2881 ROUTE 9, Malta, NY 12020 multi-family home offered for sale at $389,000.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.