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1301 Broadway, Watervliet, NY, 12189

11beds
5baths
4,820sqft
$250,000
$52price/sqft
$2,500/moest. monthly cost
$100,000/yrincome needed

About This Home

Investor Alert! Strong value add opportunity in a prime Watervliet location. This 4 unit property offers significant upside with a unit mix of two 1 bed 1 bath units, one 4 bed 2 bath unit, and one 5 bed 1 bath unit with a private laundry room. Excellent income potential with BRRR upside, potential to reconfigure into a 5 unit setup, and strong short term rental appeal. Property requires a full renovation and is being sold as is. Cash only, will not qualify for traditional financing. A substantial amount of renovation materials are already on site and ready for installation, helping streamline the project. With an estimated after repair value of $500K+, this is a compelling opportunity for investors looking to build equity. Situated on a corner lot with a 2 car garage and off street parking. Schedule your private tour today.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Brick/Mortar
  • Roof: Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Ceiling Fan(s),Tray Ceiling(s),Built-in Features
  • Flooring: Tile,Carpet,Hardwood,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 4,820

Heating & Cooling

  • Heating features: Baseboard,Space Heater,Natural Gas,Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 4,820
  • Total interior livable area: 4,820 sqft

Property

Details

  • Parcel number: 011800 32.75244
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Exterior features: Other

Lot

  • Lot size: 6,098 sqft
  • Features: Level,Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Off Street,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes