53 Third Street, Waterford, NY 12188, Waterford

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. Annual flood insurance premium quoted at $813 by a local insurance agent. Buyers to verify coverage and rates. 1st floor rear tenant no showings after 1 pm other 2 floors not sure till we ask