1525 6th Avenue, Watervliet, NY 12189

New - 4 Hours Ago
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Property Description

Welcome to 1525 6th Avenue in Watervliet, a well-maintained two-family duplex offering a strong investment opportunity in a desirable Capital District rental location. This 2,464 sq ft property features two units totaling 5 bedrooms and 2 full baths, with separate utilities and solid income potential. The first-floor unit offers 3 bedrooms and 1 bath and is currently rented month-to-month for $1,450, providing immediate cash flow. It features granite countertops, laminate flooring, and a kitchen island. The second-floor unit includes 2 bedrooms plus a bonus room and 1 bath and was previously rented for $1,250, offering an opportunity to place a new tenant or occupy the unit while the upstairs offsets the mortgage! Additional details include natural gas hot water baseboard heat, vinyl siding, rubber roof and public water and sewer. A rare bonus is the oversized insulated outbuilding with electricity, ideal for storage, a workshop, or additional utility space. Delivering strong rental performance, this duplex presents an approximately 8% cap rate opportunity in a location convenient to major routes, employers, and everyday amenities. A smart addition to any Capital Region investment portfolio.

1525 6th Avenue | MLS# 202613185

This multi-family property located at 1525 6th Avenue, Watervliet, NY 12189 is currently listed for sale with an asking price of $234,900. 6th Avenue is located within the Watervliet school district. Search Watervliet real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Baseboard, Hot Water, Natural Gas
Home Style: Traditional
Lot Size: 0.07 Acres
Roof Type: Rubber
Taxes: $4,358
Year Built: 1900

Feature Descriptions

Exterior: Other
Exterior: Vinyl Siding
Fencing: Back Yard
Flooring: Carpet, Laminate, Linoleum
Interior: Wall Paneling, Paddle Fan
Laundry: Laundry Room
Lot: Level, Landscaped, Cleared
Parcel #: 011800 32.66-4-58
Patio/Porch: Front Porch, Patio
Sewer: Public Sewer
SQFT Above Grade Finished: 2464
Structures: Outbuilding
Water: Public

Local Schools

School District: Watervliet

Estimate Your Payment

Estimated Payment

$ 954.46 per month $522.79 Principal & Interest $363.17 Property Tax $68.51 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: KW Platform
Agency Phone: 1 518-724-5800

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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