Back to Search
Two-Unit Property with Garages

1326 8th Avenue Watervliet, NY 12189

1326 8th Avenue, Watervliet, NY, 12189
$275,000
Pending
For Sale
Claim this Listing
$275,000
Pending

MULTI_FAMILY - Watervliet, NY

Property Size1,908 SF
Lot Size0.14 Acres
AddedMay 11
Days on Market65
Last RefreshJul 14 at 2:06 pm

Property Features for 1326 8th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Laundry Room
Parking
1
Parking features
Garage, Off Street
Fencing
Chain Link, Gate
Basement
Crawl Space
Standard status
Pending
APN
011800 32.74-1-34
Size
1,908 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Annual Amount
3688

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public

Building Details

Year built
1920
Number of units
2
Building materials
Aluminum Siding

Listing agent Abigail Curtiss License #10401362361

Listing office Venture Fox Realty Group LLC 2390 Western Ave, Guilderland, NY

Listing date May 11, 2026

MLS# 202617185 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This well-maintained two-family property offers two separate units with spacious layouts and plenty of natural light. The home sits on a double lot and includes a one-car garage for each unit plus an additional three-car garage in the rear, providing off-street parking and extra storage options. Each unit also has its own private fenced-in yard, and the property is described as being in solid condition.

Located in Watervliet, the property is positioned for everyday convenience, with shopping and dining nearby and access to major highways for commuting. Separate utilities are in place for the units.

The property is currently rented at $1,400 per unit, offering immediate occupancy. The listing indicates cash or conventional financing only, and notes that the property is back on the market due to buyer financing. Offered for sale as a residential income asset, it may be a strong fit for buyers seeking a duplex setup with independent yards, separate utilities, and on-site garage parking.

Key Highlights

  • Well‑maintained 2‑family home built in 1920 on a double lot
  • Each unit is currently rented at $1,400 per unit for immediate income
  • Parking includes a 1‑car garage plus an additional 3‑car garage in the rear

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $33.2k $17.40
− Vacancy −$1.7k −$0.90
EGI $31.5k $16.50
− OpEx −$9.4k −$4.95
NOI $22.0k $11.55
1,908 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$314.7K
$275.4K – $367.2K (±1% cap)
NOI $22,031 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$291.1K
$254.8K – $339.7K (±1% cap)
NOI $20,380 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$595.4K
$521.0K – $694.6K (±1% cap)
NOI $41,677 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store Catering Service Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Locksmith Dental Office

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

FAQs

What type of property is this?
Duplex - Well-maintained two-family with separate utilities and private fenced yards, plus multiple garages for parking or storage.
Where is this duplex located?
The property is located at 1326 8th Avenue Watervliet, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Well‑maintained 2‑family home built in 1920 on a double lot; Each unit is currently rented at $1,400 per unit for immediate income; Parking includes a 1‑car garage plus an additional 3‑car garage in the rear
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message