3/1 c. 1951 New York Block Home $59,900

$59,900

Bring your contractor and cash offers! This full-renovation New York block home is packed with upside potential and awaiting a complete transformation. Cash or non-conforming financing required.

Realtor Comments

ATTENTION INVESTORS, HANDY OWNER OCCUPANTS! Great opportunity at 62 McCrea St in Fort Edward. This 1,364 SF property sits on a 45′ x 75′ lot with public water and sewer. Perfect candidate for a fix-and-flip, rental conversion, or value-add project. Priced for condition and being sold as-is. Strong upside potential for buyers willing to put in the work. Cash, rehab loan, or private financing only. Don’t miss your chance to transform this diamond in the rough into a profitable investment.

3bd
1ba
1,364sqft
3,049sqft lot
Circa 1951

More New York Properties

62 McCrea Street, Fort Edward, NY 12828 $59,900

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

-Contact Realtor: Kelly Sharifipour

Brokered by Darby Real Estate Of Ny Inc

-Google Maps

-Niche

The Pros

Exceptional Housing Affordability: Compared to the sky-high housing prices in Saratoga Springs or Downstate New York, Fort Edward is extremely budget-friendly. Median home prices sit well below $200,000, making it an attractive landing spot for first-time buyers, investors, or retirees looking for low entry costs.
Amtrak Train Station Access: Fort Edward is home to a historic Amtrak station served by the Ethan Allen Express. This gives residents direct, convenient rail access straight down to New York City (NYC) or north up to Vermont without needing to drive into Albany.
Proximity to Saratoga Springs & Lake George: You can enjoy top-tier regional amenities without paying high local taxes or real estate prices. Fort Edward sits roughly 20–25 minutes from Saratoga Springs (dining, horse racing, nightlife) and 25–30 minutes from Lake George and the southern edge of the Adirondack Park for world-class hiking, boating, and skiing.
Rich Historic & Canal Heritage: Positioned on the Hudson River and the Champlain Canal, Fort Edward played a vital role in French and Indian War and Revolutionary War history (including Rogers Island). It offers a quaint,historic charm with local parks and waterfront access.
Quiet, Low-Stress Pace: Traffic congestion is practically non-existent, and day-to-day life is simple, slow-paced,and unhurried.

The Cons

Industrial Legacy & PCB History: Fort Edward was historically tied to General Electric manufacturing plants along the Hudson River, which left a long legacy of PCB environmental cleanup in local riverbeds. While massive remediation efforts have taken place over the past two decades, the industrial history remains a notable local topic.
Limited Local Commercial Infrastructure: The village center is small and has experienced commercial decline over the decades. For major grocery shopping, big-box retail, diverse dining, or specialized healthcare, residents must travel to neighboring Glens Falls, Queensbury, or Saratoga.
Property Taxes Relative to Home Values: Like much of Upstate New York, Washington County property taxes can feel high relative to the commercial amenities and municipal services provided locally.
Restricted Job Market: Local employment opportunities are mostly limited to small businesses, local government,agriculture, or trades. Most working residents commute to Queensbury, Glens Falls, Saratoga, or the Albany metro area.
Cold, Snowy Upstate Winters: Winters in the Upper Hudson Valley are long, dark, and cold, with heavy snowfall throughout the season. Heating costs and winter vehicle maintenance are regular budget factors.