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About This Home

This 6-bedroom, 3-bathroom residential multi family at 2 1/2 1st Street in Waterford, NY is listed for $398,000 ($129 per sqft). Built in 1879, the home offers 3,084 sqft of living space on a 0.07 acres lot.

Agent Description

Waterfront Views Without the Waterfront Price! Opportunity awaits with this spacious and character-filled duplex in the heart of Waterford. Offering over 3,000 square feet of living space, this circa-1880 property features two generous units, each with 3 bedrooms, 1.5 bathrooms, and its own laundry hookups for added convenience.

Rich in historic charm, you'll find original Box Beam Ceilings, Elegant French Doors, and Beautiful Bump-out Bay Windows that capture scenic water views from both floors. Situated a corner lot, this property offers plenty of outdoor space and endless potential for an owner-occupant or investor willing to add a little TLC.

For investors, the income potential is attractive--both units were previously rented for $1,800 per month each, generating a potential gross annual rental income of $43,200. Located just moments from downtown Waterford, you'll enjoy easy access to the Park, Library, Shops, Restaurants, and the Erie Canal.

Live in one unit while generating rental income from the other, or add this unique property to your investment portfolio. Enjoy the Waterfront lifestyle, small-town charm, and incredible value--all without the Waterfront price tag! Don't miss this rare opportunity in the quaint and historic Village of Waterford.

Key Features

  • Built in 1879
  • 0.07 acre lot
  • 5 parking spaces

Property Details

2 full, 2 half
5 spaces
1879

Amenities

ViewHardwood

Monthly Cost Estimate

$2,129/mo

20% down · 6.5% · 30 years

Principal$288
Interest$1,725
Insurance$116

Estimates only. Actual payments may vary.

Location

2 1/2 1st Street

Waterford, NY 12188

Features & Amenities

Interior Features

Paddle FanBuilt-in Features

Property Details

Flooring

HardwoodLaminateTile - Ceramic

Construction

Vinyl Siding

Views

River

Parking

Garage

Heating

Forced AirHot Water(Heating)Natural Gas

Questions & Answers

This 6-bedroom, 3-bathroom residential multi family at 2 1/2 1st Street is listed at $398,000 ($129/sqft). The estimated monthly payment is $1,725 based on 20% down at 6.5% interest.

Key features include: Built in 1879, 0.07 acre lot, 5 parking spaces. Interior Features: Paddle Fan, Built-in Features.

This property is listed by Joyce Brown and can be reached at 5185965835 or Joycesells518@gmail.com.

JB

Joyce Brown

Agent at Howard Hanna Capital Inc

(518) 596-5835

Listed by Howard Hanna Capital Inc · View on Broker Site

MLS# 202619009· Source: listhub· Updated 1 days ago

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.

2 1/2 1st Street, Waterford, NY 12188

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