Back 1721 Granite Street
Off Market

1721 Granite Street

Saratoga Springs NY 12866

12
6
5392 sq. ft.
12196.8 sq. ft.
Multi-Family
Last sold for $1,700,000
Brian GreenBrian Green, last sold this property on 29 July 2026 after 105 days on market.

Overview

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.

Features

12 bedrooms
6 bathrooms
5392 sq. ft. floor area
12196.8 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 12 bedroom multi families sold in Saratoga Springs over the last 12 months.

Property history for 1721 Granite Street

2026
Sold
$1,700,000
29 Jul 2026 by Brian Green
2020
Sold
$799,000
25 Nov 2020 by Colleen Cameron, of Cartier Real Estate Group
2000
Sold
$90,000
14 Apr 2000 by Daniel Gaba

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