$500,000
Watervliet, NY 12189
MLS# 202524790
Status: Closed
8 beds
1 / 50
Property Description
An exceptional opportunity to own a proven income producing four-family with timeless character and smart updates. Sun filled rooms, gleaming hardwood floors, and beautiful high ceilings create a warm and spacious feel throughout.The building features a newer roof, and mechanicals including three furnaces and two water heaters are about six years old. Additionally, building 317 showcases remodeled kitchens and baths. Newer appliances and thoughtful features make these apartments ones tenants are happy to call home. A fenced backyard adds outdoor appeal, while ample on-street parking ensures convenience. Ideally located near Albany, Latham, and major routes east and west, this property is a strong investment opportunity with the option to owner occupy or seamlessly expand your portfolio. Showings start on Sunday Open house, 8/31 11AM-2PM **Multiple offers** Best and final due by 9PM Wednesday, 9/3
Details
Maps
Documents
Contract Information
Original List Price: 460000
List Price/SqFt: 109.89
Status: Closed
Property Sub Type: Quadruplex
Sold Price: $500,000
Current Price: $500,000
Listing Contract Date: 2025-08-28
Location
City/Town (Mail): Watervliet
Street Number: 317-319
Street Name: 16th
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12189
Geo Lat: 42.728478
Geo Lon: -73.703826
Property Detail
Rooms Total: 24
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 4186
Above Grade Finished Area Source: Public Records
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 4186
Lot Size Acres: 0.09
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 8
Bathrooms Full: 4
Year Built: 1940
Status Change Info
Sold Price/SqFt: 119.45
Status Change Date: 2025-11-06
Under Contract Date: 2025-09-04
Sold Date: 2025-11-04
Sold Price: $500,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 011800 32.67-1-7
Tax Annual Amount: 8498
Tax Section: 32.67
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 7.000
School District: Watervliet
Association Y/N: No
Directions & Remarks
Directions: Watervliet exit off of 787 to Route 21 to 16th St West. Building is on corner of 16th and 4th Streets.
Public Remarks: An exceptional opportunity to own a proven income producing four-family with timeless character and smart updates. Sun filled rooms, gleaming hardwood floors, and beautiful high ceilings create a warm and spacious feel throughout.The building features a newer roof, and mechanicals including three furnaces and two water heaters are about six years old. Additionally, building 317 showcases remodeled kitchens and baths. Newer appliances and thoughtful features make these apartments ones tenants are happy to call home. A fenced backyard adds outdoor appeal, while ample on-street parking ensures convenience. Ideally located near Albany, Latham, and major routes east and west, this property is a strong investment opportunity with the option to owner occupy or seamlessly expand your portfolio. Showings start on Sunday Open house, 8/31 11AM-2PM
**Multiple offers** Best and final due by 9PM Wednesday, 9/3
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Electric
200+ Amp Service: 1
Attic Features
None: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 1st
Full Bath 4: 2nd
Lot Features
Cleared: 1
Landscaped: 1
Level: 1
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
Garden: 1
Fireplace Features
Other: 1
Flooring
Ceramic Tile: 1
Hardwood: 1
Vinyl: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
View
City: 1
Water Source
Public: 1
Heating
Forced Air: 1
Income And Expenses
Rental Income: 5000
Rental Income Description: Monthly
Total Income: 60000
Interior Features
High Speed Internet: 1
Solid Surface Counters: 1
Laundry Features
Laundry Room: 1
Main Level: 1
Upper Level: 1
Other: 1
Parking Features
None: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Tenant Pays
Electricity: 1
Heat: 1
Hot Water: 1
Internet: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 6
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 4
Lease Term MF Unit 4: 12 Months
Total Rooms MF Unit 4: 6
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Unit 1 Detail
Rent: 1500
Rent Description Unit 1: Actual
Total Bedrooms: 2
Total Full Baths: 1
Unit 2 Detail
Rent: 1500
Rent Description Unit 2: Actual
Total Bedrooms: 2
Total Full Baths: 1
Unit 3 Detail
Rent: 1000
Rent Description Unit 3: Actual
Total Bedrooms: 2
Total Full Baths: 1
Unit 4 Detail
Rent: 1000
Rent Description Unit 4: Actual
Total Bedrooms: 2
Total Full Baths: 1
Unit 1 Dining Room Type
Dining Area: 1
Unit 1 Appliances
Dryer: 1
Range: 1
Washer: 1
Refrigerator: 1
Unit 2 Dining Room Type
Dining Area: 1
Unit 2 Appliances
Dryer: 1
Range: 1
Washer: 1
Refrigerator: 1
Unit 3 Dining Room Type
Dining Area: 1
Unit 4 Dining Room Type
Dining Area: 1
Unit 3 Appliances
Dryer: 1
Range: 1
Washer: 1
Refrigerator: 1
Unit 4 Appliances
Dryer: 1
Range: 1
Washer: 1
Refrigerator: 1
Property Features
Architectural Style: Other
Attic Features: None
Basement: Full
Construction Materials: Brick
Cooling: None
Electric: 200+ Amp Service
Exterior Features: Garden
Fireplace Features: Other
Flooring: Ceramic Tile; Hardwood; Vinyl
Heating: Forced Air
Interior Features: High Speed Internet; Solid Surface Counters
Laundry Features: Laundry Room; Main Level; Upper Level; Other
Lot Features: Cleared; Landscaped; Level
Owner Pays: Sewer; Trash Collection; Water
Parking Features: None
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Electricity; Heat; Hot Water; Internet
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room
Unit 1 Owner Furnish Features: Sewer; Trash; Water
Unit 1 Dining Room Type: Dining Area
Unit 1 Appliances: Dryer; Range; Washer; Refrigerator
Unit 2 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Dining Room Type: Dining Area
Unit 2 Appliances: Dryer; Range; Washer; Refrigerator
Unit 3 Owner Furnish Features: Sewer; Trash; Water
Unit 3 Dining Room Type: Dining Area
Unit 3 Appliances: Dryer; Range; Washer; Refrigerator
Unit 4 Owner Furnish Features: Sewer; Trash; Water
Unit 4 Dining Room Type: Dining Area
Unit 4 Appliances: Dryer; Range; Washer; Refrigerator
Other 
Listing Courtesy of Monticello
Listing Agent: Nirisa Adams
518-526-3440 | nirisa.adams@gmail.com
518-526-3440 | nirisa.adams@gmail.com
