Two-Family Residential Income
For Sale
$205,000
1333 Broadway, Watervliet, NY 12189
Two separate units each offer three bedrooms, laundry hookups, and off-street parking for steady residential income potential.
Property Size2,430 SF
Price / SF$84.36
Days on Market109
Property Features for 1333 Broadway
General Information
Standard status
Active
Size
2,430 SF
Property subtype
Multi-family
Additional Details
Cap Rate
12.3%
Multifamily Units
2
Building Details
Year Built
1880
Tenancy
Multi
Listing Agency:
Howard Hanna Capital Inc
Listed By:
Nicole Wilkie
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Apr 30
Changed: Aug 8
Last Checked: Jul 15 at 11:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Capital Inc
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- Two‑family property built in 1880 with two separate 3‑bedroom units
- Each unit includes a living room, eat‑in kitchen, full bathroom, and laundry closet with hookups
- Upper unit adds an alcove for a nursery, office, workout space, or playroom
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,456
Businesses Nearby
Explore this area
Business Placement
Demographics for 12189, NY
18,970
Population
9,887
Households
1.9
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
3,060
Density / Sq Mi
$62,763
Median Household Income
$48,555
Median Earnings
$1,084
Median Rent
$199,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate units each offer three bedrooms, laundry hookups, and off-street parking for steady residential income potential.
Where is this duplex located?
The property is located at 1333 Broadway Watervliet, NY.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two‑family property built in 1880 with two separate 3‑bedroom units; Each unit includes a living room, eat‑in kitchen, full bathroom, and laundry closet with hookups; Upper unit adds an alcove for a nursery, office, workout space, or playroom
