116 Nys Rt 32 Schuylerville, NY 12871

This exceptional 160.3-acre mixed-use property in Schuylerville, NY (12871), presents a compelling investment opportunity with a 9.50% cap rate and an asking price of $799,000. The property comprises three parcels and includes a charming, historically significant farmhouse (approx. 3,484 sq ft) currently divided into four one-bedroom, one-bathroom units. Two units are fully renovated and generate strong rental income via Airbnb (search "Farmhouse at Saratoga - H2 - AirBnB" and "Farmhouse at Saratoga - H1 - Vintage - AirBnB"), while two are approximately 70% complete, offering significant upside potential. A small mobile home park, situated on nearly two acres, features six pads, five currently occupied, and one vacant. One mobile home is owner-occupied, and the remaining four are resident-owned, with an on-site park manager. Rents are currently below market value, presenting an immediate opportunity to increase income. The park is grandfathered in, allowing for continued operation or potential redevelopment. A large, historic barn (approx. 33ft x 60ft) offers versatile storage or potential adaptive reuse. A portion of the property is located within the Village Extension District, allowing for higher-density development. Additional features include approximately 12 acres of tillable farmland, waterfront access on Fish Creek, and ample acreage for recreational pursuits such as hiking or hunting. The property boasts 740 feet of road frontage. This unique offering combines established income streams with significant development potential, making it an ideal investment for discerning buyers.