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    1551 4Th Ave Watervliet, NY 12189

    Under Contract
    For Sale
    $229,900

    MULTI_FAMILY - Other - Watervliet, NY

    Property size:
    2,058 SF
    Lot size:
    0.06 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 1551 4Th Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Window features
    Insulated Windows
    Zoning
    Multi Residence
    Rooms
    Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 1
    Bedrooms
    6
    Bathrooms
    2
    APN
    011800 32.66-5-31
    Parking
    2
    Parking features
    Off Street, Driveway
    Patio and Porch features
    Patio, Deck
    Interior features
    Paddle Fan
    Basement
    Full, Exterior Entry, Interior Entry
    Size
    2,058 SF
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Radiant, Hot Water(Heating), Natural Gas
    Water source
    Public

    Building Details

    Year built
    1910
    Number of units
    2
    Flooring type
    Vinyl, Laminate
    Building materials
    Shingle Siding, Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Staged Nest Real Estate, LLC (518) 369-8441 [email protected]

    Listing agent Christopher S Lessard License #40LE0953515

    Listing date Nov 23, 2025

    MLS# 202529953 Listing URL

    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 Multi-Family Investment Opportunity

    This multi-family property features two units, offering an opportunity for owner occupancy or investment. The first floor unit includes three bedrooms, a living room, an eat-in kitchen, a bathroom, and an in-unit laundry area, along with a covered patio. The second floor unit also has three bedrooms, a living room, an eat-in kitchen, a bathroom, and in-unit laundry hookups, plus a bonus room suitable for an office or storage. The second floor also features a covered deck. The property includes off-street parking with access from 5th Avenue and extends from 4th Avenue to 5th Avenue. The building has newer vinyl siding on three sides and mostly vinyl replacement windows. Each unit is equipped with its own electric and gas meter and a separate natural gas hot water radiator heat system. Updated LVT flooring has been installed in the units. The property, located in Watervliet, NY, is zoned for multi-residence use and has a lot size of 0.06 acres. The building size is 2058 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -73.704576
    Latitude
    42.727651

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    FAQs

    What type of property is this?
    Duplex - Two-unit property with separate utilities and off-street parking.
    Where is this duplex located?
    The property is located at 1551 4Th Ave Watervliet, NY.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - Two separate units, each with 3 bedrooms, living room, eat-in kitchen, and bathroom, ideal for owner-occupancy with rental income or investment property.; - Each unit has the convenience of in-unit laundry.; - Separate electric and gas meters for each unit.
    (518) 364-1105
    Request Owner's contact information
    1551 4Th 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
    1551 4Th Ave Watervliet, NY 12189
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