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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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Lightning

FEMA Declared Disasters in Albany County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance *$86$1,032
Property Taxes $354$4,248
Electricity $796$9,558
Total$2,500$30,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,714/yr
40% on housing$75,000/yr
45% on housing$66,666/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -5.7%
-5.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -4.0%
-4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$52This listing

vs Other Active Listings

Avg $/sqft

ZIP 12189$169
Albany County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 12189$216
Albany County$223

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-02Price change$250,000
2026-05-05Pending sale$275,000
2026-04-29Listed for sale$275,000
2024-11-13Listing removed$295,000
2024-09-20Price change$295,000
2024-07-01Listed for sale$350,000
2024-06-03Pending sale$350,000
2024-05-31Listed for sale$350,000

For Sale by Agent

AgentPatrick Dunn
BrokerageKW Platform

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