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58 Lincoln Avenue, 
Saratoga Springs, NY 12866

$1,425,000

8

Beds

7

Baths

3,549

Sq Ft

Multi-Family

Pending

Listed by

Brian Green

eXp Realty

1 888-276-0630

Last updated:

February 27, 2026, 08:27 AM

MLS#

202611669

Source:

Global MLS

About This Home

58 Lincoln Avenue

Prime turnkey multifamily investment at 58 Lincoln Avenue, Saratoga Springs, NY 12866 - just steps from Broadway, SPAC, and the iconic Saratoga Race Track. This 5-unit property (built 1900, fully revitalized top-to-bottom in the past 2 years) delivers immediate, hassle-free cash flow with 100% occupancy and no deferred maintenance. Ideal for 1031 exchange investors or local portfolio builders seeking rock-solid, low-operational-demand ownership in one of New York's most resilient markets. Key Highlights: Stabilized Income: Current monthly gross rents $9,750. Normalized annual operating income: $118,200. Strong NOI: Annualized Net Operating Income $91,571. Recent Renovations (Past 2 Years): New roof, siding, parking lot/driveway, landscaping, HVAC systems, electrical/plumbing/lighting fixtures, refinished hardwood floors, fresh paint, all-new kitchens (quartz counters, stainless appliances, cabinets), all-new bathrooms (tile, vanities, fixtures), in-unit laundry, and more - literally everything updated for modern, worry-free operation. Unit Mix: Mix of 2-bed/1-2 bath and studio units with in-unit laundry and off-street parking - high tenant appeal in a tourism/healthcare/tech-driven area. Market Strength: Saratoga Springs enjoys steady rent growth, low multifamily vacancies (regional ~2-5%), and strong demand from seasonal events, downtown vibrancy, and Capital Region job growth. https://turnkey58lincoln.lovable.app

Home Facts

Multi-Family

7 Baths

8 Bedrooms

Built in 1900

Price Summary

1,425,000

$401 per Sq. Ft.

MLS #:

202611669

Last Updated:

February 27, 2026, 08:27 AM

Added:

25 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

6

Interior

Living Area:

3,549 Sq. Ft.

Structure

Structure

Architectural Style:

Apartment 4 Plus Unit

Building Area:

3,549 Sq. Ft.

Year Built:

1900

Lot

Lot Size (Sq. Ft):

6,534

Finances & Disclosures

Finances

Price:

$1,425,000

Price per Sq. Ft:

$401 per Sq. Ft.

Source:Global MLS
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.