Property Description

Classic Watervliet Two-Family with Strong Income PotentialInvestors and owner-occupants alike will appreciate this handsome 1888 brick duplex on a tree-lined block in Watervliet, offering 2,802 sq ft of living space and separately metered utilities in both units. This up-and-down two-family features 4 bedrooms and 2 full baths total, with each unit offering 2 bedrooms, a formal dining room, eat-in kitchen, and full bath.Period charm abounds throughout, from gleaming hardwood floors and French doors to a welcoming covered front porch. Unit 1 (first floor) is currently vacant and move-in ready, estimated to rent for $1,300/month, while Unit 2 (second floor) is occupied on a month-to-month lease at $1,000/month -- giving a new owner flexibility to set their own terms or continue with steady rental income right away.Each unit includes its own kitchen appliances (range, refrigerator) with separate laundry for each in the basement. Separate electric and gas meters (2 each) keep utility responsibility with tenants, while the owner covers grounds care, sewer, snow removal, trash, and water -- a straightforward expense structure for any investor's pro forma.Additional highlights include a full walk-out basement with Bilco door access, a fenced backyard, front/side/rear porches, high-speed internet availability, and public water and sewer. Ideally located just off 18th Street, this property offers easy access to Watervliet's amenities, schools, and a quick commute to Albany, Troy, and the greater Capital Region.Whether you're looking to house-hack, add to your rental portfolio, or find a solid multi-family investment with immediate income, 1611 3rd Avenue delivers character, location, and opportunity. Schedule your showing today!

Property Features

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