Refine Search
Sort by
$299,999
202623387 MLS
Welcome to the Watervliet Tavern, a unique mixed-use property that has long been a staple of the community and is full of potential. Ideally located on busy 3rd Avenue in Watervliet, this building offers excellent visibility and consistent vehicle and foot traffic. The first floor features a classic tavern with ample space for entertaining, a kitchen, and two bathrooms, making it an excellent opportunity for a bar, restaurant, or other hospitality venture. Upstairs, you'll find a spacious four-bedroom, one-bath apartment with renovation potential. With some updates and vision, this generous living space can be restored to its full charm, providing an ideal owner's residence or rental income opportunity. Whether you're an investor, entrepreneur, or someone looking to own a well-known local property, this opportunity offers endless possibilities. With its prime location and high-traffic exposure, the Watervliet Tavern is ready for its next chapter and could become the area's next go-to destination.

500 3rd Avenue, Watervliet

$282,500
4 Beds 2 Baths 202621363 MLS
Classic Watervliet Two-Family with Strong Income Potential Investors and owner-occupants alike will appreciate this handsome 1888 brick duplex on a tree-lined block in Watervliet, offering 2,802 sq ft of living space and separately metered utilities in both units. This up-and-down two-family features 4 bedrooms and 2 full baths total, with each unit offering 2 bedrooms, a formal dining room, eat-in kitchen, and full bath. Period charm abounds throughout, from gleaming hardwood floors and French doors to a welcoming covered front porch. Unit 1 (first floor) is currently vacant and move-in ready, estimated to rent for $1,300/month, while Unit 2 (second floor) is occupied on a month-to-month lease at $1,000/month -- giving a new owner flexibility to set their own terms or continue with steady rental income right away. Each unit includes its own kitchen appliances (range, refrigerator) with separate laundry for each in the basement. Separate electric and gas meters (2 each) keep utility responsibility with tenants, while the owner covers grounds care, sewer, snow removal, trash, and water -- a straightforward expense structure for any investor's pro forma. Additional highlights include a full walk-out basement with Bilco door access, a fenced backyard, front/side/rear porches, high-speed internet availability, and public water and sewer. Ideally located just off 18th Street, this property offers easy access to Watervliet's amenities, schools, and a quick commute to Albany, Troy, and the greater Capital Region. Whether you're looking to house-hack, add to your rental portfolio, or find a solid multi-family investment with immediate income, 1611 3rd Avenue delivers character, location, and opportunity. Schedule your showing today!

1611 3rd Avenue, Watervliet

©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated