116 Broad St, Waterford, NY 12188

8 beds4 baths2,952 sqft Edit

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Zestimate®: $281,782
Rent Zestimate®: $1,200/mo
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My Notes

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2015 UPDATE FOR WATERFRONT REAL ESTATE DEVELOPERS: A new variance approved by the Village of Waterford on the adjacent property has set precedent for waterfront multi-unit development in the Capital Region that is NOT located in a flood zone. Owner is not seeking a quick sale however for serious inquires the right offer will always be considered.
This corner lot has an existing 3-unit on an oversized lot on ¾ acres of land at the top of Lock 2 in the very quaint Village of Waterford. Enjoy an enchanting park like backyard with water views, two gothic style outside fire places, outside enclosed bar with electrical hookups and passing boats providing a perfect setting for entertaining, launching your kayak or just a day of relaxing with a fishing pole.
A four bay garage supports parking for each of the units and a private equipment/tool storage area with plenty of street parking as well on a dead end one block street. Walk in minutes to the Waterford Visitors Center and enjoy five annual festivals May - November including the famous Tug Boat festival the weekend after Labor Day in September and 4th of July celebration both with amazing fireworks you watch right from the yard. The season ends with the Christmas Parade passing right by your front porch and a short walk takes you to the tree lighting ceremony and several dining options upon your return.
A quick stroll brings your to the Visitors Center along the Champlain and Erie Canals where a local Farmers Market is set each Sunday June - October. Put in your boat at the launch, hike around Peebles Island or stop into the local museum or library and learn about historic Waterford and all it has to offer.
Dining options including 3 restaurants/pubs, 2 diners, subs, pizza, Chinese food and more all within blocks of coming out your door. Close to 787 and offers an easy commute to other Capital Region areas.
With all its charm this property is always fully rented. The 2 bedroom / 1 bath 1st floor front apartment offers a kitchen with dining area, spacious living room, walk in pantry, plenty of closet space and screened private porch.
The 1 bedroom / 1 bath apartment offers a 1st floor entrance from the porch with a galley kitchen (not an eat in kitchen) and living room downstairs and private porch from the back entrance. Upstairs has 1 bedroom, 1 full bath and an additional room that can be used as a small office or walk in closet.
The owner occupied residence offers 2nd floor screened private porch entrance, kitchen with walk in pantry, spacious living and dining rooms, 2 bedrooms and 1 bath. The third floor of this unique apartment has an additional 3 rooms that can be used for bedrooms, an extra living room, recreation room, fitness room, studio or whatever type of "extra" room (s) you need, a large foyer, walk in utility closet with attic and roof access, a cedar enclosed clothing closet, a bathroom with shower and washer dryer hookups.
The beautiful St. Mary's Catholic Church and School sits right across the street and is in the Waterford-Halfmoon School District. Each of the units have separate utilities and a front entrance is available for both the owner occupied and 2 bedroom residences. The basement supports laundry hook up and semi-private additional storage for each unit. Low taxes and STAR rebate available! All three apartments have had full electrical and plumbing upgrades, updated baths, updated natural gas heating systems and have been freshly painted. Property is owner occupied and home is well maintained with ongoing upgrades (ie: window replacement is in process in each unit, etc). This home is not in a flood zone and one of the few waterfront properties not impacted by the recent hurricanes. Includes maintenance equipment such as a generator with hookups already installed (purchased new in 2009) a Troy Built Snow blower (purchased new in 2010), a John Deere riding mower (bought new in 2011) and other tools and equipment.
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Facts

  • Lot: 0.74 acres
  • Multi Family
  • Built in 1880
  • Views: 1,858 all time views
  • Cooling: None
  • Heating: Radiant
  • Last sold: Mar 2009 for $235,000

Features

  • Attic
  • Barbecue
  • Cable Ready
  • Ceiling Fan
  • Deck
  • Double Pane/Storm Windows
  • Fenced Yard
  • Flooring: Carpet, Concrete, Hardwood, Linoleum / Vinyl
  • Garden
  • Lawn
  • Mother-in-Law
  • Parking: Garage - Detached, Off street, 3 spaces
  • Patio
  • Porch
  • Storage
  • Transportation
  • Unfinished basement
  • View: City, Mountain, Park, Water
  • Waterfront

Additional Features

  • 2 outside gothic style fireplaceas and bar with electrical.

Appliances Included

  • Dishwasher
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Breakfast nook
  • Dining room
  • Family room
  • Laundry room
  • Library
  • Master bath
  • Office
  • Pantry
  • Recreation room
  • Walk-in closet
  • Workshop

Construction

  • Exterior material: Wood
  • Roof type: Slate
  • Room count: 21
  • Stories: 3
  • Structure type: Colonial
  • Unit count: 3

Other

  • Floor size: 2,952 sqft
  • Heating: Gas
  • Laundry: In Unit
  • Lot width: 112
  • Parcel #: 41540129107000020160000000
  • Zillow Home ID: 32455788

Zestimate Details

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$281,782
+$13,583 Last 30 days
$220K
$335K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,200/mo
-$26 Last 30 days
$852
$2.1K
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1,858 all-time views
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99 forecasted views of this home
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Comparable Homes

Homes like this sold for $146-267K.

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Market guide

Zillow predicts 12188 home values will fall 0% next year, compared to a 0.9% decrease for Town of Waterford as a whole. Among 12188 homes, this home is valued 44.4% more than the midpoint (median) home, but is valued 31.7% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 12188, the number of foreclosures waiting to be sold is exactly the same as for Town of Waterford, and 76.2% less than the national average.

Learn more about forecast calculations or 12188 home values.
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    Nearby Schools in Town of Waterford

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org