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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.
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
Amenities
Monthly Cost Estimate
$2,129/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2 1/2 1st Street
Waterford, NY 12188
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Views
Parking
Heating
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.



