About This Home

This 5-bedroom, 3-bathroom multi-family at 53 Third Street in Waterford, NY is listed for $279,000 ($101 per sqft). Built in 1940, the home offers 2,758 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1940
  • 0.10 acre lot
  • 3 parking spaces

Property Details

3 full
3 spaces
1940
Listing Description

Investors and owner-occupants take notice! Opportunity awaits with this solid three-unit property in the Village of Waterford. All three apartments are occupied by long-term tenants on month-to-month agreements, with rents currently below market value.

The spacious three-bedroom second-floor apartment offers an option for an owner-occupant looking to offset housing expenses with rental income. Off-street parking adds convenience for residents. The property is ready for some cosmetic updates and improvements, offering potential to build value over time.

Whether you're looking to expand your investment portfolio or explore multi-family living, bring your vision and see the possibilities! Property is located in Flood Zone AE; flood insurance may be required. 1st floor rear tenant no showings after 1 pm other 2 floors not sure till we ask

Monthly Cost Estimate

$1,492/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,209
Insurance$81

Estimates only. Actual payments may vary.

Location

53 Third Street

Waterford, NY 12188

Property Details

Construction

Aluminum Siding

Parking

Off StreetDriveway

Heating

Natural GasHot Water(Heating)

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 53 Third Street is listed at $279,000 ($101/sqft). The estimated monthly payment is $1,492 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.10 acre lot, 3 parking spaces.

This property is listed by Kristin M McClenaghan.

KM

Kristin M McClenaghan

License 10301212697

Agent at Howard Hanna Real Estate Services

Listed by Howard Hanna Real Estate Services · Broker phone: (518) 348-7100 · View on Broker Site · Broker website

MLS# 202628547· Source: Global MLS, Inc.· 9 days on PropertySimple

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.

53 Third Street, Waterford, NY 12188

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