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5 Beds
3 Baths
2,374 sqft

$285,000

24 3rd Street, Waterford NY, 12188

Price per sqft$120.05
Built in1958
Property size2,374 sqft
Property typeMulti-family

Overview

Pending

Contingent - Continue To Show

Listed Aug 6, 2026

Updated Sep 10

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 installed 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.

$1,896/mo

Est. mortgage payment based on a $285,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202623404

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$4,749
Tax Frequency
Annually

Listed by Jillian Breck with Howard Hanna Capital Inc
Listing Contact: 518-225-4799 

The IDX display contains information sourced from Global MLS as of 9/10/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/10/2026 at 6:33 AM UTC

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