UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,066 sqft
Price per Sqft $78
Subdivision City/Watertown
MLS Listing ID S1703592
Style Fourplex
Bedrooms 5
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1937
Annual Tax Amount $2,119
Lot Size 4,673 Sqft
Acres 0.1073
Lot Dimensions 57X82
Property Sub-Type Multi Family
Property Description
Exceptional cash-flowing investment in prime Watertown location, just 3 blocks from Public Square. This well-maintained 4-unit building is ready to perform immediately. It's ideal for owner-occupant house hackers or portfolio investors seeking strong returns.
UNIT BREAKDOWN: Three 1-bedroom units and one 2-bedroom unit. Each unit features a private porch, built-in refrigerator, and stove.
CURRENT INCOME: Monthly rents total $3,140 ($850 + $750 + $770 + $770). Annual gross income: $37,680. Property taxes: Under $2,300/year. Tenants pay own electric; landlord covers heat and water.
RECENT IMPROVEMENTS: Driveway, gas boiler updated, soffit and fascia refreshed.
WHY THIS WORKS: 4 units are rare in this market! Strong central location with consistent tenant demand and minimal capital expenditure needs. Property is well-maintained and positioned to generate immediate cash flow. Perfect stepping stone for owner-occupants looking to house hack while building equity, or a solid addition for active investors scaling portfolios.
Location
State NY
County Jefferson
Community City/Watertown
Area Watertown-City-221800
Direction From Public Square take Washington St, Turn left onto Academy St, take right onto Clay St, property will be on the right.
Rooms
Basement Full, Walk-Out Access
Interior
Interior Features Ceiling Fan(s), Pull Down Attic Stairs
Heating Gas, Radiator(s)
Flooring Carpet, Luxury Vinyl, Varies
Fireplace No
Appliance Electric Water Heater
Exterior
Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Metal
Porch Covered, Porch
Building
Lot Description Irregular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Vinyl Siding,Copper Plumbing,PEX Plumbing
Construction Status Existing
Schools
School District Watertown
Others
Senior Community No
Tax ID 221800-011-000-0003-119-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1703592
Nearby Locations
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