$275,000
Watervliet, NY 12189
MLS# 202628838
Status: Pending
5 beds
1 / 39
Property Description
Great opportunity to own a well-located three-unit property in Watervliet with easy access to I-787, nearby restaurants, and public transportation. The property features three separate apartments: Unit 1 offers 2 bedrooms and 1 bathroom on the first floor, Unit 2 features 2 bedrooms and 1 bathroom on the second floor, and Unit 3 offers 1 bedroom and 1 bathroom on the first floor. Additional features include off-street parking in the lot behind the building and a convenient location next to a laundromat. Whether you're expanding your investment portfolio or looking to live in one unit while generating rental income from the others, this versatile multi-family property offers excellent potential! Recent improvements: Apt 1 - updated floors and paint (2023) Apt 2 - updated floors, paint, appliances (2026) Apt 3 - updated floors and paint (2026) new hot water heather (2025) Chimney liners and rebuilt (2020) Basement bilco door (2021) Replaced roof (2021) Replaced hot water heaters Apt 1&2 (2022) Replaced upper deck (2022) Replaced front steps (2022)
Details
Maps
Contract Information
Status: Pending
Property Sub Type: Triplex
Original List Price: 275000
List Price: $275,000
Current Price: $275,000
Listing Contract Date: 2026-10-22
List Price/SqFt: 145.12
Location
Street Number: 640
Street Name: 3rd
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12189
City/Town (Mail): Watervliet
Geo Lat: 42.714008
Geo Lon: -73.70632
Property Detail
Rooms Total: 13
Bedrooms Total: 5
Bathrooms Full: 3
Year Built: 1880
Above Grade Finished Area: 1895
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 1895
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-11-02
Under Contract Date: 2026-10-30
Proposed Closing Date: 2026-12-07
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 1st
Special Listing Conditions
Ownership: Schwenzfeier
Income And Expenses
Rental Income: 3380
Rental Income Description: Actual
Insurance Expense: 2500
Insurance Expense Description: Actual
Parking Features
Parking Total: 4
Separate Utilities
Number Of Separate Electric Meters: 3
Unit Information
Number Of Air Conditoners: 1
Number Of Dishwashers: 2
Number Of Dryers: 2
Number Of Refrigerators: 3
Number Of Stoves: 3
Number Of Washers: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Frt
Monthly Rent MF Unit 1: 1285
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1285
Rent Description Unit 1: Actual
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Monthly Rent MF Unit 2: 1200
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1200
Rent Description Unit 2: Actual
Total Bedrooms: 2
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1st Rear
Monthly Rent MF Unit 3: 895
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 Detail
Rent: 895
Rent Description Unit 3: Actual
Total Bedrooms: 1
Property Features
Architectural Style: Traditional
Basement: Bilco Doors; Exterior Entry; Unfinished
Construction Materials: Brick
Exterior Features: None
Fencing: Partial
Flooring: Vinyl
Foundation Details: Stone
Heating: Baseboard; Forced Air; Hot Water; Natural Gas; Radiant Floor
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Tri-Level
Lot Features: Level; Road Frontage
Other Structures: None
Parking Features: Off Street
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Fire Alarm; Smoke Detector(s)
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Showing Service; Sign on Property
Special Listing Conditions: Standard
Window Features: Screens
View: Downtown
Water Source: Public
Unit 1 Includes: Bathroom; Dishwasher; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Includes: Bathroom; Dishwasher; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 3 Includes: Bathroom; Kitchen; Refrigerator; Stove
Listing Courtesy of J Paul Realty Group LLC
Listing Agent: Julius Paul
518-209-9700 | jules@jpaulrealtygroup.com
518-209-9700 | jules@jpaulrealtygroup.com
