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

53 Third Street, Waterford, NY 12188

MultiFamily, Waterford, NY

Property Size2,758 SF
Lot Size0.10 Acres
Price / SF$101.16
Days on Market2

Property Features for 53 Third Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1
Parking 3
Parking features Off Street, Driveway
Basement Full
Elementary school Waterford
High school Waterford
Elementary school district Waterford-Halfmoon
Middle school district Waterford-Halfmoon
High school district Waterford-Halfmoon
Directions I-787 toward Cojoes turn on NY-32 North Saratoga St. into Waterford Left on US-4 North (3rd St.) to number 53
Standard status Active
APN 291.71-3-50
Size 2,758 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 5778

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Hot Water(Heating)
Water source Public

Building Details

Year built 1940
Number of units 3
Building materials Aluminum Siding
Roof type Asphalt
Architectural style Other
Listing Agency: Howard Hanna Capital Inc
Listed By: Kristin M McClenaghan · License #10301212697
Added: Oct 19 Changed: Oct 20 Last Checked: Oct 20 at 2:06PM
MLS# 202628547

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.

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Investment Insights

Based on property information with market context.

At 53 Third Street in Waterford, this 2,758-square-foot triplex contains three apartments. All three units are occupied under month-to-month agreements. The second-floor apartment has three bedrooms, and off-street parking is available. Built in 1940, the property has aluminum siding, an asphalt roof, natural gas hot-water heating, and public water and sewer service.

The site measures 0.1 acre and is in Flood Zone AE, where flood insurance may be required. The property is described as needing cosmetic updates and improvements.

Key Highlights

  • Three occupied apartments with month‑to‑month agreements
  • 2,758 square feet on a 0.1‑acre lot
  • Second‑floor apartment has three bedrooms

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

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 - Three occupied apartments include a second-floor three-bedroom unit and month-to-month tenant agreements.
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 occupied apartments with month‑to‑month agreements; 2,758 square feet on a 0.1‑acre lot; Second‑floor apartment has three bedrooms
More about this property
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