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Listed by Jillian Breck • Howard Hanna Capital Inc

$ 285,000

Est. payment -/mo

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Open Sat 12PM-2PM

24 3rd Street Waterford, NY 12188

5 Beds

3 Baths

2,374 SqFt

Open House

Sat Aug 08, 12:00pm - 2:00pm

Sun Aug 09, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,374 sqft

Price per Sqft $120

MLS Listing ID 202623404

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1958

Annual Tax Amount $4,748

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Duplex

Source Global MLS

Property Description

Investor opportunity or owner-occupied two-family home in the heart of the Village of Waterford! This spacious multi-family property offers exceptional square footage, flexible living arrangements, and excellent income potential. The first unit offers a spacious 1-bedroom apartment with a generous eat-in kitchen and is currently vacant, making it ideal for an owner-occupant or ready for a new tenant. The apartment has an estimated rental value of approximately $1,000 per month, offering additional income potential. Both apartments have been freshly painted and feature new luxury vinyl flooring and new appliances, creating clean, modern, move-in-ready living spaces. Major mechanical updates include furnace and hot water tank that are less than one year old, along with a brand-new roof installed in August 2026, providing peace of mind and reducing future maintenance costs. The second unit features 4 oversized bedrooms, including one convenient first-floor bedroom, 2 full bathrooms, and a large eat-in kitchen with plenty of room for entertaining and everyday living. This unit is tenant occupied and generates $2,600 per month in rental income, providing immediate cash flow for investors. Conveniently located just one block from Broad Street's restaurants, shops, and local businesses, and only two blocks from the Waterford Harbor Visitor Center and riverfront. The school bus stops right outside the property, and CDTA public transportation is just a block away, making commuting easy. Whether you're searching for an investment property, income-producing duplex, owner-occupied rental, or a multi-generational home, this updated 2-family home offers the flexibility and income potential buyers are looking for. With current rental income of $2,600/month and projected total rental income of approximately $3,600/month, extensive recent updates, generous living space, and a desirable village location, this is an outstanding opportunity to build equity and grow your investment.

Location

State NY

County Saratoga

Zoning Multi Residence

Direction Broad Street, south on Third, house on right, corner of Third and MIddle

Interior

Heating Hot Water, Radiant, Space Heater

Flooring Vinyl, Tile, Hardwood

Exterior

Exterior Feature None

Parking Features None

Utilities Available Cable Available

Roof Type Asphalt

Porch Porch, Front Porch

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Waterford-Halfmoon

Others

Tax ID 415401 291.79-1-1

Special Listing Condition Standard

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Empire Real Estate Firm LLC

Broker

+1(518) 662-7653 | admin@empirerealestatefirm.com

24 3rd Street Waterford, NY 12188

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Others

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24 3rd Street