75 Thompson St., Ballston Spa, NY 12020

2 Family Starter Home or Rental Investment- Village Ballston Spa

Back on market, due to buyer's lack of funds to close.The seller will consider all reasonable offers. 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, and refrigerators. First floor washer and dryer are included. 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. For showing appointments, contact Co-listing Realtor Shane Quant with Red Door Realty or the listing Broker.