• 01 105 West Saratoga Street
  • 02 105 West Saratoga Side View
  • 03 Sidewalk View of the Side Entrance
  • 11 Ground Floor Front Room
  • 12 Ground Floor Rear Room
  • 15 Ground Floor Office
  • 17 Ground Floor Childrens Bathroom
  • 18 Ground Floor Adult Bathroom
  • 19 Ground Floor Prep Area
  • 20 1st Floor Store
  • 23 1st Floor Store
  • 27 1st Floor Store Bathroom
  • 28 1st Floor Store Heat Pump with Central Air
  • 29 1st Floor Store Elecrtrical Panel
  • 30 Hall to Upper Floor Apartments
  • 31 2nd Floor Living Room and Kitchen
  • 34 Washer-Dryer in Apartment
  • 35 2nd Floor Rear Bedroom
  • 36 2nd Floor Bathroom
  • 37 2nd Floor Front Bedroom
  • 38 2nd Floor Electric Heat Pump and Central Air
  • 39 2nd Floor Electric Panel
  • 40 3rd Floor Living Room
  • 43 3rd Flr Kitchen
  • 45 3rd Floor Rear Bedroom
  • 46 3rd Floor Bathroom
  • 47 3rd Floor Front Bedroom
  • 48 3rd Flr Washer-Dryer in Apartment
  • 49 3rd Floor Water Heater
  • 80 Sub-Basement
  • 81 Crawl Space under Sub-Basement Front
  • 82 Sub Basement - Old District Steam Meters
  • 83 50 Gallon Electric Water Heater for Child Care Center
  • 84 Electric Meters

Property ID : Saratoga105

For Sale $495,000.00 - Apartment Building, Mixed Use, Townhouse
3485 4 Units 5 Bathrooms  Add to Favorites Print

Huge Day Care Center with 35-child capacity and a waiting list occupies the ground floor which stretches from the corner of Saratoga Street 100′ down Liberty Street giving this location excellent visibility and easy access to parents who work in neighboring Downtown Central Business District.  The first floor is occupied by a successful Barber Shop.  The 2nd and 3rd floor each contain a renovated 2-bedroom apartment.  The apartments have washer-dryer in the unit, separate electric meters with electric heat-pump heat, central air conditioning, and an electric water heater.  Renovated in 2009, the property is Certified Lead-Free Limited.  Click on the “Cash Flow Statement” for complete details on the rental rates, lease terms, property taxes, and more. Be sure to check out  224 N. Liberty Street, which is 2 doors away, fully renovated and fully leased, to add some additional revenue for you.

Investment Summary:
$495,000
$123,750  per unit
$85   per square foot
7.6     Gross Rent Multiplier
8.5     Cap Rate
11.6% Positive Cash Flow

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Agent Meet Ben Frederick, III, CCIM

  • Mobile : 410-752-6400
  • Fax : 410-435-5041

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