914 State ST, Watertown, NY 13601
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914 State ST, Watertown, NY 13601
914 State ST, Watertown, NY 13601
914 State ST, Watertown, NY 13601
914 State ST, Watertown, NY 13601
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914 State ST Watertown, NY 13601

6 Beds

4 Baths

3,517 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,517 sqft

Price per Sqft $85

MLS Listing ID S1658562

Style Fourplex

Bedrooms 6

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $3,880

Lot Size 0.308 Acres

Acres 0.3085

Lot Dimensions 70X192

Property Sub-Type Multi Family

Property Description

Turnkey 4-Unit Investment Property – Watertown, NY
Listing Price: $300,000 (with $20,000 back for buyer improvements)

Exceptional cash-flow opportunity in a desirable Watertown location. This well-maintained four-unit property generates $5,000+ in monthly rents, with $1,000 in utilities included, offering a strong, reliable income stream and an effective 14% cap rate.

Property Features:
• 2 two-bedroom / 1-bath units
• 2 one-bedroom / 1-bath units
• Three units in a beautiful, spacious Victorian home
• One detached unit with no shared walls, providing privacy and tenant appeal
• Very good condition, low-maintenance, and turnkey

Investor Highlights:
• Large lot with ample parking
• $20,000 back for improvements
• Stable tenants, strong cash flow, and immediate income potential

This is a rare opportunity to own a high-performing, low-maintenance multifamily property in Watertown. Perfect for investors seeking turnkey income with upside potential.

Location

State NY

County Jefferson

Area Watertown-City-221800

Direction Just past Arlington Street on the left across the street from Cheney Tire.

Rooms

Basement Full

Interior

Heating Gas, Forced Air, Hot Water

Cooling Central Air

Flooring Hardwood, Tile, Varies

Fireplace No

Appliance Gas Water Heater

Laundry Common Area

Exterior

Garage Spaces 2.0

Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Asphalt

Garage Yes

Building

Lot Description Irregular Lot

Story 2

Sewer Connected

Water Connected, Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Other,See Remarks

Construction Status Existing

Schools

School District Watertown

Others

Senior Community No

Tax ID 221800-012-000-0006-329-000-0000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1658562


Listed by Marble Key Realty LLC

NEARBY SCHOOLS & PROPERTIES

Michelle Thompson

Michelle Thompson

Lic. RE Salesperson | License ID: 40FA1156159

+1(315) 794-3260

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914 State ST