75 Thompson St., Ballston Spa, NY 12020

2 Family Starter Home or Rental Investment- Village Ballston Spa

The seller will consider all offers on this 2 family property, which can be purchased as an investment rental or a great starter home to occupy and have the second apartment's income pay towards the mortgage. It is conveniently located in the Village of Ballston Spa and within a 5 to 15 minute stroll to all of the downtown village amenities; shops, restaurants, parks, library, houses of worship and elementary school. Currently, the first floor apartment rents on a month to month basis at $1,000/month and the 2nd floor apartment is on an annual lease at $700/month. The rent includes; water/sewer usage, lawn care, snow removal of sidewalks and both driveways. The tenants equally split the heat cost, pay their own electric, trash pick-up, cable tv and wifi. Both apartments are applianced with electric stoves, refrigerators, washers and dryers. Upgrades over the last 10-20 years include new; gas water heaters, new rolled and metal rooves, windows,1st floor kitchen cabinets, electrical updates, heating boiler, side deck and sump pump. Additional upgrades and maintenance are needed.