17-21 Granite Street
Saratoga Springs, NY 12866
$1,700,000
This fully renovated 6-unit multifamily property offers a turnkey investment opportunity with 100% occupancy and stable cash flow. Originally built in 1880 and comprehensively renovated in 2021, the 5,392 sq ft complex sits on a 0.28-acre lot and comprises three buildings at 17, 19, and 21 Granite Street.
The renovation included new siding, HVAC systems with central air, refinished and new flooring, all-new kitchens, bathrooms, lighting, paint, porches, and landscaping. Roofs were professionally coated. The property features a shared common lawn area and off-street parking.
Value Proposition
A rock-solid, low-maintenance investment tailored for 1031 exchange participants, portfolio expanders, or owner-occupants seeking hassle-free ownership in one of upstate New York's most desirable markets.
Key features include a furnished single-family house (19 Granite) commanding premium rents, three separate structures diversifying risk, and comprehensive 2021 renovations ensuring turnkey readiness with minimal future capital requirements. Proximity to Skidmore College and downtown Broadway drives year-round tenant demand.
Owner-Occupant Opportunity: Live in the furnished single-family house at 19 Granite while rental income from the remaining 5 units covers the mortgage--effectively living for free in downtown Saratoga Springs.
| Listing Id: | 202614995 |
|---|---|
| List Price: | $1,795,000 |
| Close Price: | $1,700,000 |
| Close Date: | 2026-07-29 |
| Property Type: | Multi-Family |
| Property Sub Type: | Multi Family |
| Status: | Closed |
| Bedrooms Total: | 12 |
| Bathrooms Full: | 6 |
| Living Area: | 5,392 |
| Tax Annual Amount: | $19,641 |
| Lot Size Square Feet: | 12,196.8 |
| Lot Size Acres: | 0.28 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Saratoga Springs |
| County Or Parish: | Saratoga |
| Subdivision Name: | Select One |
| Postal Code: | 12866 |
| Year Built: | 1880 |
| Number Of Units Total: | 6 |
| List Agent Full Name: | Brian Green |
| Buyer Agent Full Name: | Amy L Sutton |
| Exterior Features: | Other |
| Lot Size Units: | Acres |
| Heating?: | Yes |
| Bathrooms Total Integer: | 6 |
| Basement: | true |
| Basement: | Unfinished |
| State Or Province: | NY |
| Sewer: | Public Sewer |
| High School: | Saratoga Springs |
| Lot Size Area: | 0.28 |
| Documents Change Timestamp: | 2026-04-14T17:38:35Z |
| Heating: | Forced Air |
| Directions: | From I-87 North, take Exit 15 and turn right onto NY-50 South towards Saratoga Springs. Turn right onto Gick Road and continue for about 1.6 miles, then turn left onto Vincek Lane. Granite Street is located near Gick Road/Vincek Lane in Saratoga Springs, NY, a short drive from the exit. |
| Listing Contract Date: | 2026-04-14 |
| Parcel Number: | 411501 165.43-1-31 |
| List Agent Key: | 20240807205509638661000000 |
| Construction Materials: | Vinyl Siding |
| Water Source: | Public |
| High School District: | Saratoga Springs |
| Above Grade Finished Area: | 5,392.0 |
| Buyer Agent Key: | 20211012220334483427000000 |
| Buyer Office Key: | 20211012214304484964000000 |
| Postal City: | Saratoga Springs |
| Above Grade Finished Area Source: | Assessor |
| Original List Price: | $1,795,000 |
| Possession: | At Closing |
| Pending Timestamp: | 2026-05-23 |
| Below Grade Finished Area Source: | Assessor |
| Buyer Agent Middle Name: | L |
| Ownership: | broker owned |
| Bathrooms Total Decimal: | $6.00 |
| Property Detail Enhanced Accessible Yn2: | No |
| Status Change Info Sold Price Sq Ft2: | $315.28 |
| Parcel Tax Hoa Total Taxes Description: | Estimated |
| Bath Levels Full Bath 1: | 1st |
| Bath Levels Full Bath 2: | 1st |
| Bath Levels Full Bath 3: | 1st |
| Bath Levels Full Bath 4: | 2nd |
| Bath Levels Full Bath 5: | 2nd |
| Bath Levels Full Bath 6: | 2nd |
| Multi Family Unit 1 Detail Unit Location Mf Unit 1: | first |
| Multi Family Unit 1 Detail Monthly Rent Mf Unit 1: | 1,545 |
| Multi Family Unit 1 Detail Lease Term Mf Unit 1: | 12 Months |
| Multi Family Unit 1 Detail Total Rooms Mf Unit 1: | 4 |
| Multi Family Unit 1 Detail Total Bedrooms Mf Unit 1: | 1 |
| Multi Family Unit 1 Detail Total Full Baths Mf Unit 1: | 1 |
| Multi Family Unit 2 Detail Unit Location Mf Unit 2: | first |
| Multi Family Unit 2 Detail Monthly Rent Mf Unit 2: | 1,895 |
| Multi Family Unit 2 Detail Lease Term Mf Unit 2: | 12 Months |
| Multi Family Unit 2 Detail Total Rooms Mf Unit 2: | 5 |
| Multi Family Unit 2 Detail Total Bedrooms Mf Unit 2: | 2 |
| Multi Family Unit 2 Detail Total Full Baths Mf Unit 2: | 1 |
| Multi Family Unit 3 Detail Unit Location Mf Unit 3: | 2nd |
| Multi Family Unit 3 Detail Monthly Rent Mf Unit 3: | 1,995 |
| Multi Family Unit 3 Detail Lease Term Mf Unit 3: | 12 Months |
| Multi Family Unit 3 Detail Total Rooms Mf Unit 3: | 5 |
| Multi Family Unit 3 Detail Total Bedrooms Mf Unit 3: | 2 |
| Multi Family Unit 3 Detail Total Full Baths Mf Unit 3: | 1 |
| Multi Family Unit 4 Detail Unit Location Mf Unit 4: | house |
| Multi Family Unit 4 Detail Monthly Rent Mf Unit 4: | 2,495 |
| Multi Family Unit 4 Detail Lease Term Mf Unit 4: | 12 Months |
| Multi Family Unit 4 Detail Total Rooms Mf Unit 4: | 7 |
| Multi Family Unit 4 Detail Total Bedrooms Mf Unit 4: | 3 |
| Multi Family Unit 4 Detail Total Full Baths Mf Unit 4: | 1 |
| Multi Family Unit 5 Detail Unit Location Mf Unit 5: | first |
| Multi Family Unit 5 Detail Monthly Rent Mf Unit 5: | 1,995 |
| Multi Family Unit 5 Detail Lease Term Mf Unit 5: | 12 Months |
| Multi Family Unit 5 Detail Total Rooms Mf Unit 5: | 5 |
| Multi Family Unit 5 Detail Total Bedrooms Mf Unit 5: | 2 |
| Multi Family Unit 5 Detail Total Full Baths Mf Unit 5: | 1 |
| Multi Family Unit 6 Detail Unit Location Mf Unit 6: | 2nd |
| Multi Family Unit 6 Detail Monthly Rent Mf Unit 6: | 1,995 |
| Multi Family Unit 6 Detail Lease Term Mf Unit 6: | 12 Months |
| Multi Family Unit 6 Detail Total Rooms Mf Unit 6: | 5 |
| Multi Family Unit 6 Detail Total Bedrooms Mf Unit 6: | 2 |
| Multi Family Unit 6 Detail Total Full Baths Mf Unit 6: | 1 |
| Approval Status: | Yes |
| Photos - the contractual owner of the photos Photo Owner 3: | Seller/Landlord |
| Separate Utilities: | Electric, Gas |
| Architectural Style: | Traditional |
| Exterior Features: | Other |
Listing Courtesy of: eXp Realty
Listing Agent: Brian Green
518-810-2895
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Data last updated October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
