515 16th Street

Beautiful brick brownstone colonial set on a desirable corner lot in the heart of Watervliet! This spacious 2,800+/- sq ft home offers 4-5 bedrooms, 2.5 baths, and a first-floor office perfect for today's lifestyle. Enjoy two cozy gas fireplaces, one in the family room and one in the living room, adding warmth and timeless character. Refinished Hardwood floors flow throughout all three levels, and two inviting sunrooms provide the perfect spaces to relax or entertain year-round. A large second-floor composite deck extends your outdoor living space, while brand new energy-efficient windows bring in abundant natural light and help keep utility costs low. 30-year Arc. Roof is approx. 16 years old. This is an extremely rare opportunity to own a classic Albany County brownstone and customize it to your taste—without exceeding market value. With an After Repair Value of $425,000 and estimated repairs around $50K- $60K, you can build instant equity while creating your dream kitchen, baths, Paint colors, and other finish touches. Conveniently located near shopping, dining, schools, and major highways—this home blends comfort, Historic character, and opportunity in one unbeatable package! This home qualifies for the FHA 203K program to finance the purchase price and ALL repairs into ONE mortgage! Property is priced according to current condition, repairs are needed to obtain the estimate after repair value of $425K. Seller offers concessions. This is a must see brown stone!