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$3,550,000
32 Beds 32 Baths 202621869 MLS
Gennaro Commons is an approved subdivision featuring 40 approved high-end townhouse-style units with 24 additional units planned that will need final approvals making this a total of 64 units. . Located off Cold springs Road and Brickyard Road in Mechanicville, this development offers an exceptional residential experience slightly north of the city proper, bordering the charming area of Stillwater. This location seamlessly blends tranquility with convenience, as it is nearby major local industrial hubs, retailers, businesses, and manufacturers. Residents will enjoy the benefits of living in a serene environment while having easy access to urban amenities. There are a total 40 townhouse-style units of which 16 units are completed, and 24 units are approved and ready for permit issuance. Each townhouse is thoughtfully designed to offer modern comforts and style: Private garage for each unit, Hardwood floors throughout, Washer and dryer in each unit, balconies and front porches for relaxation The financial projections for Gennaro Commons are promising. The potential annual income from all 40 units is estimated at $700,000. With expenses projected to be below $300,000, the development offers a lucrative opportunity for investors and stakeholders. This community not only promises a high standard of living for its residents but also presents a sound investment in the thriving Mechanicville-Stillwater region.

1A-15H Brickyard Road

$325,000
6 Beds 4 Baths 202620834 MLS
Income-producing opportunity in Mechanicville! This approximately 3,000 sq. ft. three-unit multifamily offers spacious living areas, separate entrances, and a classic covered front porch that adds curb appeal and usable outdoor space. The property features vinyl siding, a fenced rear/side yard area, and a full basement with exterior access. Interiors offer functional kitchens, full baths, and flexible room layouts, with a mix of hardwood and laminate flooring. Whether you are looking to expand your portfolio, live in one unit while generating income from the others, or add value through future updates, this property offers a solid footprint and strong potential. Conveniently located near local shops, restaurants, parks, and commuter routes. Schedule your showing today!

138 S 2nd Avenue

$399,777
6 Beds 4 Baths 202616936 MLS
This is a spacious & unique home is perfect for a Bed Breakfast or AB&B. Circa1845 this is a one of a kind Cobblestone Federal Colonial style is located in Maltaville (between Round lake&Mechanicville), she has all the space, charm & character you are looking for. She is situated on 1.63 sprawling acres, boasts over 3,300 sq.ft of living space,10' Coffered ceilings, wide plank floors, grand foyer & staircase, 3 season porch/family room., 6 large bedrooms and 4 full baths with a primary bath on the first floor perfect to have your own private suite or make it a first floor in-law. Located only 10 minutes or so to downtown Saratoga and the Race track, and over the years the sellers operated a B&B-Olde Stone House Inn-(have variance w/ town) and as an AirBNB

545 Route 67

$320,000
6 Beds 4 Baths 202616368 MLS
Solid 4-Unit Investment with Significant Value-Add Potential. This well-built 4-family property offers a strong structure and functional layout, providing an excellent foundation for your next investment. Fully rented and generating income from day one, the building itself is solid, while the units need some updating and TLC--creating a great opportunity to renovate, increase rents, and build substantial equity. Key improvements include four separate 100-amp electric services and all newer replacement windows, adding long-term value and efficiency. Additional highlights include off-street parking with a covered carport, enhancing convenience for tenants. Ideal for investors looking to add value and maximize returns, this property has the bones to become a high-performing asset with the right vision. Whether you're expanding your portfolio or seeking your next project, this is a smart buy with real upside. Bring your ideas and unlock its full potential--opportunities like this don't come around often.

24 Green Street

$255,000
6 Beds 3 Baths 202530726 MLS
Multiple Offer Deadline: Monday 12/15 @ 9am. Fantastic opportunity for an owner-occupant or investor! This spacious duplex offers three levels of living space, a large detached garage with a workshop, plus numerous major updates throughout. Separate entrances serve the 1st, 2nd, and 3rd floors. The first floor unit features an open layout with a bright living room with brand-new carpet '25 flowing into the dining room. Charming French doors lead to the full bath and kitchen with updated flooring '20 & a newer refrigerator '23. Convenient in-unit washer/dryer hookups and two newly added closets. Three generous bedrooms with tall ceilings, a front porch, and an enclosed glass porch complete this level. The upstairs unit offers a roomy living area with dining space, a kitchen with new stove and fridge '24, and a large primary bedroom with an attached sitting area, perfect for a home office, studio, or extra living space. Additional features include a second bedroom, washer/dryer, an open front porch, an enclosed rear porch, and an elevated deck. Interior and exterior access to the 3rd floor lead to a spacious additional bedroom and a second full bathroom. New baseboards installed on the 3rd floor. The detached 2-car garage and paved driveway provide ample parking. Additional major improvements include several new or replaced light fixtures, removal of lath and plaster with new insulation and drywall installed in various rooms, new ceilings in many rooms, updated basement outtake plumbing, new plumbing to the 1st-floor bath and 2nd-floor kitchen, a new sump pump '25, and a resealed rubber roof '25. Move-in ready with tons of potential. Don't miss this one!

415 Broadway

$408,000
10 Beds 4 Baths 202530481 MLS
Brick Victorian 4-Family Home on .14 Acre corner lot. Rare opportunity to own a stately Victorian residence offering 5,700 sq. ft. of living space in the heart of Mechanicville. 3-story property showcases hallmark Victorian architecture with a corner tower, decorative trim, pitched rooflines, and asymmetrical façade. Inside, timeless details include vintage 6-panel wood doors, ornamental wide baseboards, and detailed window trim. Traditional wood staircase with classic balusters and newel post, original fireplace with ornate wood mantle and green tile surround, and built-in wood china cabinet with glass doors and drawers highlight the craftsmanship. Income-producing 4-family layout. This property blends historic charm with investment potential, making it ideal for those seeking character, space, and opportunity.

502 Broadway

$250,000
6 Beds 2 Baths 202527932 MLS
Step into timeless elegance with this beautifully maintained 2-family Victorian home, offering 2,500 square feet of character, comfort, and opportunity. Perfectly positioned on a landscaped corner lot, a stylish wrought iron fence enhances curb appeal and security. This property boasts a traditional wrap-around porch adorned with ornate Victorian brackets and classic porch posts—ideal for morning coffee or evening chats. Inside and out, the craftsmanship shines. From the intricate decorative trim and original solid wood doors to the custom wood mantles and vintage doorknobs, every detail reflects pride of ownership and historic charm. The bright, open eat-in kitchen is framed with a charming chair rail and offers ample space for casual meals. A full bath with ceramic tile and a classic tub adds to the home's blend of vintage and function. The sprawling dining room serves as the heart of the home—perfect for gatherings, celebrations, or quiet dinners. The first-floor unit features a sunlit bay window and enclosed sun porch. Outdoors, enjoy the private backyard patio surrounded by mature trees and landscaping. Added features include gas hot water heat, public water and sewer. Whether you're looking for a spacious owner-occupied residence with rental income or a smart investment in a sought-after neighborhood, this Victorian treasure delivers.

20 Saratoga Avenue

$280,000
6 Beds 3 Baths 202521122 MLS
First time offered in 5 generations, this rare 3-unit blends history, care, & strong income potential. Tucked just off the main stretch but still within city limits, it offers peaceful surroundings, generous yard space, ample off street parking, & views of the Hudson River. Large 3 BR unit is vacant & move-in ready, updated throughout & feat. a sunroom & new composite back deck - perfect for owner occupants! 1 BR unit, also vacant, has a balcony overlooking the river & awaits light cosmetic TLC. 2 BR unit is occupied by long-term tenants providing immediate income. Whether you're a seasoned investor seeking steady rental income or a buyer looking to 'house hack' & offset housing costs w/ tenant revenue, this is a unique opportunity you don't want to miss! Property is NOT in flood zone.

301 S Main Street, Mechanicville

$1,100,000
21 Beds 12 Baths 202512539 MLS
Introducing Flanagan Block, a landmark investment at 2-10 South Central Ave in Mechanicville. This distinguished 11-unit building comes to market at an attractive 8% cap rate with strong rental history and a quality rent roll w/increase potential. The 14,306 SF building features predominantly spacious two-bedroom layouts, has exceptional ''bones'' providing durability and low maintenance and also has an efficient set up for utilities. Each unit is separately metered for electric and all appliances and water heaters are electric (electric expense passed through to tenants). Two natural gas boilers provide heat for the building at the landlords expense. Public water and sewer. Financials and interior unit details available upon execution of NDA. This is a rare opportunity in a prime location.

2-10 S Central Avenue, Mechanicville

$275,000
6 Beds 2 Baths 202419658 MLS
The deadline for Highest and Best is Sunday June 23rd at 8 pm.This exceptionally well-built two-family home has been in the same family and meticulously maintained for over 75 years. Nestled on a tree-lined street in the heart of Mechanicville, this low maintenance, spacious property is perfect for both investors and those seeking an owner-occupied residence. Recent updates include new siding, windows, porch, carport, and more. Both units are currently occupied by tenants on month-to-month leases way under market value. This home offers a rare combination of timeless quality and modern improvements. Conveniently located to parks, restaurants, and shops. Don't miss the opportunity - they don't build them like this anymore!

221 S 2nd Avenue

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