For Sale |
Multi-Family Res (2-4) units |
914 State Street Street , Watertown, NY 13601
$300,000
For Sale |
Multi-Family Res (2-4) units |
914 State Street Street , Watertown, NY 13601
$300,000
| 0.3085 acres |
3,517 sq ft |
4 apts |
6 bed |
4 bath |
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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.
Property Summary
| Type | Multi-Family Res (2-4) units | MLS # | S1658562 |
| Stories | 2 | Year Built | 1900 (126 years old) |
| Apartments | 4 | Est. Taxes | $3,880 |
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