Two-Unit Property with
1326 8th Avenue Watervliet, NY 12189
1326 8th Avenue, Watervliet, NY, 12189
$275,000
Pending
For Sale
$275,000
Pending
MULTI_FAMILY - Watervliet, NY
Property Size1,908 SF
Lot Size0.14 Acres
Days on Market73
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 agency
Venture Fox Realty Group LLC
(518) 290-1070
Listed by
Abigail Curtiss · License #10401362361
(518) 653-1898
Added: May 11 Updated: Jul 6 at 2:29PM Checked: Jul 22 at 7:06AM
MLS# 202617185
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.
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 property on a double lot in Watervliet; built in 1920
- Each unit is rented at $1,400 per unit (current rental income)
- Includes a 1‑car garage and an additional 3‑car garage in the rear, plus off‑street parking
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
NOI $22,031 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$291.1K
$254.8K – $339.7K
NOI $20,380 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$595.4K
$521.0K – $694.6K
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
Similar For Sale Nearby
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 property on a double lot in Watervliet; built in 1920; Each unit is rented at $1,400 per unit (current rental income); Includes a 1‑car garage and an additional 3‑car garage in the rear, plus off‑street parking
