$1,400,000
Price
5
Beds
3,309 Sq. Ft.
$423 / Sq. Ft.
3,309
Sq. Ft.
$423
per Sq. Ft.

Description

Beautifully restored 1873 Second Empire home is a rare offering in the coveted Historic East Side, just steps from the Saratoga Race Course, Fasig-Tipton Auction House, and Oklahoma Training Track. The residence showcases timeless elegance with 3 bedrooms, 2.5 baths, and stunning period details. 11ft ceilings grace the formal living and dining rooms, enhanced by a gas fireplace, pocket and French doors, and 2 spacious sitting porches perfect for relaxing or entertaining. Lower level offers a charming...Beautifully restored 1873 Second Empire home is a rare offering in the coveted Historic East Side, just steps from the Saratoga Race Course, Fasig-Tipton Auction House, and Oklahoma Training Track. The residence showcases timeless elegance with 3 bedrooms, 2.5 baths, and stunning period details. 11ft ceilings grace the formal living and dining rooms, enhanced by a gas fireplace, pocket and French doors, and 2 spacious sitting porches perfect for relaxing or entertaining. Lower level offers a charming 2 bedroom garden apartment, ideal for guests, rental income, or multigenerational living. Outside, enjoy landscaped grounds featuring a quaint garden and patio. 1 car garage, and private driveway for up to 4 vehicles. A rare chance to own a piece of Saratoga history with modern comforts!

Property Details for 2 Madison Avenue

Architectural Style
Traditional
Waterfront
No
Parking Total
4.00
LISTING UPDATED: 11/07/2025 09:30 AM

Property Details for 2 Madison Avenue

StatusActive
MLS #202529200
Days on Market40
Taxes$10,614 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1873
Lot Size0.13 AC / 5,662 SF
CountySaratoga County

Location

Listing Courtesy of Howard Hanna Capital Inc
Add your commute

Building Information for 2 Madison Avenue

Stories-Residences2Year Built1873Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$7,802 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,918

Property Taxes

$885

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2 Madison Avenue

Summary
Location and General Information
  • Postal City: Saratoga Springs
  • Directions: Union to Nelson to Madision
  • City: Saratoga Springs
  • State Or Province: NY
  • Postal Code: 12866
  • County Or Parish: Saratoga
  • Latitude: 43.08
  • Longitude: -73.78
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 1
  • Tax Block: 2
  • Parcel Number: 411501 166.69-2-1
  • Tax Tract: 16.69
  • Tax Annual Amount: $10,613.63
Parking
  • GarageSpaces: 1.00
  • Attached Garage: No
  • Parking Features: Off Street, Paved, Driveway, Garage
School Information
  • School District: Saratoga Springs
  • High School: Saratoga Springs
  • Elementary School: Lake Avenue
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Sprinklers In Front, Level, Landscaped, Road Frontage, Sprinklers In Rear, Corner Lot, Garden
  • Year Built: 1873
  • Lot Size Dimensions: 57.3x94
  • Above Grade Finished Area: 3309.0
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5662.8
Building Information
  • Living Area: 3309.0
Utilities
  • Other Equipment: Grinder Pump
  • Water Source: Public
  • Utilities: Cable Available, Cable Connected, Underground Utilities
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 2
  • Separate Utilities : Number Of Separate Gas Meters: 2
Interior and Exterior Features
Exterior Features
  • Security Features: Carbon Monoxide Detector(s)
  • Window Features: Wood Frames, Bay Window(s)
  • Patio And Porch Features: Side Porch, Front Porch, Patio
  • Other Structures: Garage(s)
  • Exterior Features: Garden
  • Fencing: None
Interior Features
  • Interior Features: Solid Surface Counters, Paddle Fan, Central Vacuum, Ceramic Tile Bath
  • Heating: Baseboard, Hot Water, Natural Gas
  • Roof: Slate, Rubber, Asphalt
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Electric: 150 Amp Service, 200+ Amp Service
  • Basement: Apartment, Bath/Stubbed, Exterior Entry, Finished, Full, Heated, Sump Pump, Walk-Out Access, Other
  • Construction Materials: Stone, Fiber Cement
  • Cooling: Attic Fan, Central Air, Window Unit(s)
  • Foundation Details: Stone
  • Cooling: Yes
  • Heating: Yes
  • Fireplace: Yes
  • Fireplace Features: Dining Room, Gas, Insert
  • Attic Features : Full: Yes
  • Attic Features : Hatch: Yes
  • Attic Features : Pull-Down: Yes
  • Attic Features : Storage: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 4
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Notational: 3.10
  • Bedrooms Total: 5
  • Bathrooms Full: 3
  • Bathrooms Half: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Unit Information : Number Of Air Conditoners: 3
  • Unit Information : Number Of Dishwashers: 1
  • Unit Information : Number Of Dryers: 1
  • Unit Information : Number Of Refrigerators: 1
  • Unit Information : Number Of Stoves: 1
  • Unit Information : Number Of Washers: 1
Income & Expenses Information
  • Income And Expenses : Rental Income: $1,800.00
  • Income And Expenses : Rental Income Description: Monthly
  • Income And Expenses : Total Income: $21,600.00
  • Income And Expenses : Total Income Description: W/S included
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 3
Unit 2
  • Unit Detail : Total Bedrooms: 2
Rental
Rental Information
  • Land Lease: No
  • Tenant Pays: Internet, Cable TV, Electricity, Gas

Property History for 2 Madison Avenue

DateEvent & SourcePriceAppreciation
Nov 5, 2025

Expired

GLOBAL MLS #202519114

—
Nov 5, 2025

Listed (Active)

GLOBAL MLS #202529199

$1,400,000—
Nov 5, 2025

Expired

GLOBAL MLS #202519545

—
Nov 5, 2025

Listed (Active)

GLOBAL MLS #202529200

$1,400,000—
Jun 13, 2025

Price Change

GLOBAL MLS #202519545

$1,700,000—
Jun 13, 2025

Listed (Active)

GLOBAL MLS #202519545

$1,500,000—
Jun 5, 2025

Price Change

GLOBAL MLS #202519114

$1,700,000—
Jun 5, 2025

Listed (Active)

GLOBAL MLS #202519114

$1,500,000—
DateEvent & SourcePrice
11/05/2025

Expired

GLOBAL MLS #202519114

—
11/05/2025

Listed (Active)

GLOBAL MLS #202529199

$1,400,000
11/05/2025

Expired

GLOBAL MLS #202519545

—
11/05/2025

Listed (Active)

GLOBAL MLS #202529200

$1,400,000
06/13/2025

Price Change

GLOBAL MLS #202519545

$1,700,000
06/13/2025

Listed (Active)

GLOBAL MLS #202519545

$1,500,000
06/05/2025

Price Change

GLOBAL MLS #202519114

$1,700,000
06/05/2025

Listed (Active)

GLOBAL MLS #202519114

$1,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Madison Avenue

Taxable ValueLand$91,000Additions$254,600Total$345,600
Tax Record2024$10,417 ($868 / month)
Home Facts
Baths3.5Total Finished SqFt3,309 SqFtAbove Grade Finished SqFt3,309 SqFtStories3Lot Size5,663 SqFtStyleDuplexYear Built1900Year Renovated1997ZoningUR3CountySARATOGAAPN411501 166.69-2-1Fireplace TypeHas Fireplace

Schools near 2 Madison Avenue

This home is within Saratoga Springs City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Caroline Street Elementary School
PublicK to 5

Division Street Elementary School
PublicK to 5

Lake Avenue Elementary School
PublicK to 5

Maple Avenue Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2 Madison Avenue is a multi-family home for sale in Saratoga Springs, NY 12866. This property was listed for sale on November 5, 2025 by Howard Hanna Capital Inc, it's currently listed at $1,400,000. This listing's school district is Saratoga Springs City School District. Nearby schools include Caroline Street Elementary School, Division Street Elementary School and Lake Avenue Elementary School. 2 Madison Avenue is a 5-bed, 4-bath, 3,309 sqft multi-family home built in 1873.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna Capital Inc

©2025 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.