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3-Unit Triplex with Off-Street Parking
New
For Sale
$279,000

53 Third Street, Waterford, NY 12188

The occupied apartments are leased month to month, and residents have off-street parking.

Property Size2,758 SF
Price / SF$101.16
Days on Market5

Property Features for 53 Third Street

General Information

Standard status Active
Size 2,758 SF
Property subtype Multi-family
Occupancy 100%

Property Condition

Severity Repairs Needed
Evidence ready for some cosmetic updates and improvements

Additional Details

Multifamily Units 3

Building Details

Year Built 1940
Tenancy Multi
Listing Agency: Howard Hanna Capital Inc
Listed By: Kristin M McClenaghan · License #10301212697
Source: Signatureonerealtygroup
Added: Oct 18 Changed: Oct 22 Last Checked: Oct 20 at 8:29PM

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

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Investment Insights

Based on property information with market context.

This 2,758-square-foot triplex was built in 1940 and contains three occupied apartments. The second-floor residence has three bedrooms. The property needs cosmetic updates, and all three apartments are occupied by long-term tenants under month-to-month agreements.

Off-street parking serves the property. It is located in Flood Zone AE, where flood insurance may be required.

Key Highlights

  • Three apartments, all occupied by long‑term tenants on month‑to‑month agreements
  • 2,758 square feet; built in 1940
  • Three‑bedroom second‑floor apartment

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 12188, NY

11,035
Population
5,197
Households
2.1
Avg Household Size
43
Median Age
32%
College-Educated
94%
High-School Grad
13.0 sq mi
ZIP Area
849
Density / Sq Mi
$87,212
Median Household Income
$46,738
Median Earnings
$1,097
Median Rent
$278,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The occupied apartments are leased month to month, and residents have off-street parking.
Where is this triplex located?
The property is located at 53 Third Street Waterford, NY.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Three apartments, all occupied by long‑term tenants on month‑to‑month agreements; 2,758 square feet; built in 1940; Three‑bedroom second‑floor apartment
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