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24 3rd Street

Waterford, NY 12188
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Bed 5

Bed

Bath 3

Bath

SqFt2,374

Sqft

Acres0.05

Acre(Lot)

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 insta lled 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $285,000

AD Id : 89198545

MLS Id : 202623404

Beds : 5

Lot Size : 0.05 Acre

Living Area Size : 2,374

Year Built : 1958

County : Saratoga

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Flooring Information

    Vinyl, Tile, Hardwood
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Laundry Features: Electric Dryer Hookup, In Bathroom, Washer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water, Radiant, Space Heater Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1958 Construction Materials: Aluminum Siding Patio And Porch Features: Porch, Front Porch Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 0.05 Acres Lot Size Acres: 0.05 Lot Size Square Feet: 2178

  • Listing Price Information

    Listing Price: $285000

  • Tax Information

    Parcel Number: 415401 291.79-1-1 Tax Lot: 1.000 Tax Block: 1 Annual Tax: $4748.97

  • Parking Information

    None, No Garage

  • School Information

    Elementary School: Waterford
    Junior High School:
    Senior High School: Waterford
  • Utility Information

    Cable Available, Sewer Connected
  • Location Information

    Direction: Broad Street, south on Third, house on right, corner of Third and MIddle WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
34 2nd Street, Waterford, NY, 12188 $195,000 3 2 2,252 2,252 SqFt
40 South Street, Waterford, NY, 12188 $290,000 5 3 3,184 3,184 SqFt
40 8th Street, Waterford, NY, 12188 $189,900 6 2 2,128 2,128 SqFt
29 Washington Avenue, Waterford, NY, 12188 $275,500 6 2 2,940 2,940 SqFt
16 Vanderwerken Avenue, Waterford, NY, 12188 $269,000 3 2 2,044 2,044 SqFt
6 Hill Street, Waterford, NY, 12188 $199,900 6 2 1,936 1,936 SqFt
33-35 Third Street, Waterford, NY, 12188 $1,100,000 13 10 5,600 5,600 SqFt

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ByOwner last updated this listing 08/17/2026 @ 08:33

MLS: 202623404 LISTED BY: Jillian Breck, Howard Hanna Capital Inc 518-371-4500 SOURCE: Global MLS

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