1333 Broadway, Watervliet, NY 12189

This two-family property provides a straightforward duplex layout with two independently arranged apartments. Each unit includes a living room, eat-in kitchen, full bathroom, and a laundry closet with hookups, along with three spacious bedrooms. The upper unit also features an additional alcove that can be used for a nursery, office, workout space, or playroom. Heating is split by unit, with the first-floor apartment heated by electric and the upstairs apartment using natural gas forced heat. The property is offered “AS-IS,” and the condition will require buyer-directed repairs and updates.

The home includes off-street parking accessed via the rear alleyway behind the building, which can support day-to-day tenant needs. It is presented as an income-oriented opportunity suitable for investors or owner-occupants seeking to live in one unit while renting the other.

Per the seller’s prior rent history and expenses, the property is presented with an estimated 12.3% capitalization rate, with the note that the buyer should verify all income and expenses. For buyers evaluating a residential income asset, the combination of two full three-bedroom units, in-unit laundry hookups, and functional off-street parking offers a practical foundation for leasing and occupancy after repairs.