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    1235 5Th Ave Watervliet, NY 12189

    Pending
    For Sale
    $290,000

    MULTI_FAMILY - Other - Watervliet, NY

    Property size:
    2,328 SF
    Lot size:
    0.07 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 1235 5Th Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2
    Bedrooms
    4
    Bathrooms
    3
    APN
    011800 32.82-1-33
    Fencing
    Chain Link
    Basement
    Unfinished
    Size
    2,328 SF
    Lot size
    0.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1960
    Number of units
    3
    Flooring type
    Laminate
    Building materials
    Vinyl Siding
    Roof type
    Flat
    Architectural style
    Other

    Howard Hanna Real Estate Services (518) 348-7100 [email protected]

    Listing agent Christine Hunter (518) 441-5356 License #10401346877

    Listing date Oct 26, 2025

    Copyright © 2025 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Watervliet Triplex Investment Opportunity

    This well-maintained triplex is located in Watervliet, NY. The property offers an investment opportunity with long-term tenants who have been in place for over 5 years and are currently on month-to-month leases. Each of the three units has separate utilities and its own new tankless water heater. The property has a monthly income of $3,250 with potential for increased rents. The building is 2,328 square feet and sits on a 0.07-acre lot. The location is convenient, close to shopping, schools, and public transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watervliet
    County
    Albany
    State
    New York
    Longitude
    -73.70718
    Latitude
    42.72373

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    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex with long-term tenants and separate utilities.
    Where is this triplex located?
    The property is located at 1235 5Th Ave Watervliet, NY.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity with long-term tenants (over 5 years).; - Turn-key property in a strong rental market.; - Separate utilities for each unit.
    (518) 441-5356
    Request Owner's contact information
    1235 5Th Ave Watervliet, NY 12189
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1235 5Th Ave Watervliet, NY 12189
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