$460,000
Watervliet, NY 12189
MLS# 202614628
Status: Pending
5 beds
1 / 41
Property Description
Updated and well maintained 4-unit, previously generating $77,100 annually. This property is positioned for increased returns with 3 vacant units ready for lease-up at market rents. One occupied unit provides immediate income. Recent improvements include updated kitchens and bathrooms with new vanities, showers, and toilets, along with fresh paint and refinished hardwood floors. New shingle roof adds to the overall appeal. Ideal for investors looking to stabilize, increase rents, and build long-term cash flow.
Details
Maps
Documents
Contract Information
Original List Price: 460000
List Price/SqFt: 135.85
Status: Pending
Property Sub Type: Quadruplex
List Price: $460,000
Current Price: $460,000
Listing Contract Date: 2026-04-07
Location
City/Town (Mail): Watervliet
Street Number: 1605-1607
Street Name: 3rd
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12189
Geo Lat: 42.728525
Geo Lon: -73.70329
Property Detail
Rooms Total: 13
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 3386
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 3386
Lot Size Acres: 0.1
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 5
Bathrooms Full: 4
Year Built: 1940
Status Change Info
Proposed Closing Date: 2026-06-12
Status Change Date: 2026-04-14
Under Contract Date: 2026-04-12
Parcel, Tax, HOA
Parcel Number: 011800 32.67-1-11
Tax Annual Amount: 5911.26
Tax Section: 32.67
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 11.000
School District: Watervliet
Association Y/N: No
Directions & Remarks
Directions: 19th St to 3rd Ave
Public Remarks: Updated and well maintained 4-unit, previously generating $77,100 annually. This property is positioned for increased returns with 3 vacant units ready for lease-up at market rents. One occupied unit provides immediate income. Recent improvements include updated kitchens and bathrooms with new vanities, showers, and toilets, along with fresh paint and refinished hardwood floors. New shingle roof adds to the overall appeal. Ideal for investors looking to stabilize, increase rents, and build long-term cash flow.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Fencing
Chain Link: 1
Full: 1
Financial Details
General Taxes: 3194.43
General Taxes Description: Actual
School Taxes: 2716.83
School Taxes Description: Actual
Attic Features
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Laminate: 1
Showing Requirements
24 Hour Notice: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Shingle: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 77100
Rental Income Description: Actual
Total Income: 6425
Owner Pays
Sewer: 1
Snow Removal: 1
Trash Collection: 1
Water: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Tenant Pays
Electricity: 1
Heat: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1605 1st
Occupant Type MF Unit 1: Vacant
Monthly Rent MF Unit 1: 1500
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 1 Detail
Rent: 1500
Rent Description Unit 1: Actual
Occupant Type Unit 1: Vacant
Total Rooms Unit 1: 3
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1607 1st
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1525
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Detail
Rent: 1525
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Unit 2 Appliances
Refrigerator: 1
Oven: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1605 2nd
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1500
Rent Desc. MF Unit 3: Actual
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 3 Detail
Rent: 1500
Rent Description Unit 3: Actual
Occupant Type Unit 3: Vacant
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1607 2nd
Occupant Type MF Unit 4: Vacant
Monthly Rent MF Unit 4: 1900
Rent Desc. MF Unit 4: Actual
Total Rooms MF Unit 4: 5
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 4 Includes
Refrigerator: 1
Stove: 1
Unit 4 Detail
Rent: 1900
Rent Description Unit 4: Actual
Occupant Type Unit 4: Vacant
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: None
Basement: Full
Construction Materials: Brick
Exterior Features: None
Fencing: Chain Link; Full
Flooring: Laminate
Heating: Hot Water; Natural Gas
Levels: Two
Owner Pays: Sewer; Snow Removal; Trash Collection; Water
Possession: At Closing
Roof: Rubber; Shingle
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Standard
Tenant Pays: Electricity; Heat
Water Source: Public
Unit 1 Includes: Refrigerator; Stove
Unit 1 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 2 Appliances: Refrigerator; Oven
Unit 3 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 4 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Refrigerator; Stove
Disclosures 
Listing Courtesy of Miuccio Real Estate Group
Listing Agent: Nate Monson
518-653-5983 | nate@miucciogroup.com
518-653-5983 | nate@miucciogroup.com
