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Two-Family Residential Income Duplex
For Sale
$205,000
Pending

1333 Broadway, Watervliet, NY 12189

MULTI_FAMILY - Watervliet, NY

Property Size2,430 SF
Lot Size0.07 Acres
Days on Market199

Property Features for 1333 Broadway

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 3
Parking 1
Parking features Off Street
Interior features Walk-In Closet(s)
Fencing Fenced
Basement Crawl Space
Elementary school district Watervliet
Middle school district Watervliet
High school district Watervliet
Directions Take exit 8 toward 23rd Street/Green Island/Watervliet. Turn right onto 23rd St to Broadway.
Standard status Pending
APN 011800 32.75-2-49
Size 2,430 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 4173

Utilities

Sewer type Public Sewer
Heating system Baseboard, Forced Air, Natural Gas, Electric (Heating)
Water source Public

Building Details

Year built 1880
Number of units 2
Flooring type Carpet, Laminate
Building materials Vinyl Siding
Roof type Rubber
Listing Agency: Howard Hanna Capital Inc
Listed By: Nicole Wilkie · License #10301223997
Added: Jan 29 Changed: Jul 24 Last Checked: Aug 16 at 7:06AM
MLS# 202611250

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 two-family duplex offers two separate residences, each with a living room, eat-in kitchen, full bathroom, laundry closet with hookups, and three spacious bedrooms. The upstairs unit also features an additional alcove that can serve as a nursery, office, workout space, or playroom. Heating differs by level: the first-floor unit is heated by electric, while the upstairs unit uses natural gas forced heat. The property is being sold as-is and requires some repairs and general TLC.

The building includes off-street parking accessible via the rear alleyway behind the property. The layout is set up for straightforward tenant use, with in-unit laundry hookups and separate living spaces in both units.

For investors or owner-occupants, the duplex provides the opportunity to live in one unit while renting the other, with both units most recently rented at approximately $1,500 per month each. The seller’s information indicates an estimated 12.3% capitalization rate based on prior rents and seller expenses, with the understanding that all income and expenses should be verified by the buyer. Offered as-is, this property is best suited for buyers prepared to complete needed improvements.

Key Highlights

  • Two‑family property built in 1880 with a living room, eat‑in kitchen, full bath, and laundry closet with hookups in each unit
  • Upper unit includes an additional alcove for flexible use (nursery, office, workout space, or playroom)
  • Utilities/heat: first‑floor unit heated by electric; upstairs unit heated by natural gas forced air

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Travel Agency Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,456
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two units with three bedrooms each, laundry hookups, and rear off-street parking; property is being sold as-is.
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 a living room, eat‑in kitchen, full bath, and laundry closet with hookups in each unit; Upper unit includes an additional alcove for flexible use (nursery, office, workout space, or playroom); Utilities/heat: first‑floor unit heated by electric; upstairs unit heated by natural gas forced air
More about this property
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